Louisiana-Pacific 401(k) Plan Match and Vesting

Louisiana-Pacific offers a 401(k) match: 100% match on first 4% of pay, then 50% on the next 2%. Eligible employees can contribute up to the IRS annual limit, with the employer match subject to vesting (Participants are immediately 100% vested in their own contributions and employer matching contributions; profit-sharing contributions vest upon completion of three years of service, death, attainment of age 65, or involuntary termination du).

The Louisiana-Pacific 401(k) and Profit Sharing Plan is a defined contribution plan covering U.S. salaried and hourly employees of Louisiana-Pacific Corporation. As of December 31, 2024, the plan had 3,943 participants with account balances and total net assets of approximately $560.7 million. The plan offers a 100% match on the first 4% and 50% match on the next 2% of eligible compensation, plus discretionary profit-sharing contributions. Plan administration includes T. Rowe Price as recordkeeper and investment manager, with administrative support from multiple service providers.

Participants: 3,992 Plan assets: $560,706,157 Plan number: 040 Form 5500 plan year: 2024 Last verified: Jun 22, 2026 View Form 5500
Match
6% Match
Vesting
Participants are immediately 100% vested in their own contributions and employer matching contributions; profit-sharing contributions vest upon completion of three years of service, death, attainment of age 65, or involuntary termination du
Investment Options
28 funds
Auto-Enrollment
Automatically enrolled participants have their deferral rate set at 6% of eligible compensation and their contributions invested in an age-appropriate target fund until changed by the participant.
Plan Size
$560,706,157

By Zac Murphy, CFA charterholder and CFP professional. Published June 22, 2026. Verified against Form 5500 plan year 2024.

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Fund lineup

Fund Asset Class Type
U.S. Treasury Money Fund Money Market Active
DFA U.S. Small Cap Institutional Fund US Small Cap Index
T. Rowe Price Growth Stock Fund US Large Cap Active
T. Rowe Price Mid-Cap Growth Fund US Mid Cap Active
T. Rowe Price Mid-Cap Value Fund US Mid Cap Active
Vanguard Institutional Index US Large Cap Index
Vanguard Total Bond Index Adm US Bonds Index
Met West Total Return Bond I US Bonds Active
State Street Real Asset NL C Real Estate Active
Vanguard Ttl International Stock Index Inst International Equity Index
T. Rowe Price Retirement 2005 Fund Target-date Active
T. Rowe Price Retirement 2010 Fund Target-date Active
T. Rowe Price Retirement 2015 Fund Target-date Active
T. Rowe Price Retirement 2020 Fund Target-date Active
T. Rowe Price Retirement 2025 Fund Target-date Active
T. Rowe Price Retirement 2030 Fund Target-date Active
T. Rowe Price Retirement 2035 Fund Target-date Active
T. Rowe Price Retirement 2040 Fund Target-date Active
T. Rowe Price Retirement 2045 Fund Target-date Active
T. Rowe Price Retirement 2050 Fund Target-date Active
T. Rowe Price Retirement 2055 Fund Target-date Active
T. Rowe Price Retirement 2060 Fund Target-date Active
T. Rowe Price Retirement 2065 Fund Target-date Active
Vanguard Inflation-Protected Bond TIPS Active
T. Rowe Price Stable Value Fund Stable Value Other
Louisiana-Pacific Corporation Company Stock Other
Boston Partners Large Cap Value Equity US Large Cap Active
MFS International Growth Fund International Equity Active

Why our allocations use only index funds

The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation examples below may consider using only the low-cost index options.

Employer match

Match summary
100% match on the first 4% of eligible compensation and 50% match on the next 2% of eligible compensation
Match cap 100% of pay
Effective match rate 6%
Vesting Participants are immediately 100% vested in their own contributions and employer matching contributions; profit-sharing contributions vest upon completion of three years of service, death, attainment of age 65, or involuntary termination du
Waiting period Participants may become participants immediately upon hire.
$
Contribute this much to capture the full match
100% of your eligible pay, every paycheck.

100% match on the first 4% of eligible compensation and 50% match on the next 2% of eligible compensation Contributing less than 100% of your eligible pay leaves part of Louisiana-Pacific (LP Building Solutions)'s match unclaimed.

What the match is worth at your pay After 1 year of service, contributing 100%
Annual pay Your contribution Employer match Total to 401(k)

Estimates assume a constant salary and the match formula shown above. Your actual match depends on your plan's exact terms.

The cost of contributing only --%

On a $60,000 salary, contributing just half the match threshold would leave about -- in employer match unclaimed each year. Invested over 20 years at a hypothetical 7% annual return, that forgone match could have grown to roughly -- (a hypothetical illustration, not a projection). The match is the highest-return contribution you will make all year.

Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with Louisiana-Pacific (LP Building Solutions).

Find your risk profile

Answer 13 questions to see which allocation fits your situation.

Question 1 of 13

Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.

Allocation Examples

Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.

Recommended for you (based on your risk profile)
Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
Vanguard Total Bond Index Adm 70%
U.S. Treasury Money Fund 30%
0% stocks / 100% bonds
Recommended for you (based on your risk profile)
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
Vanguard Total Bond Index Adm 49%
U.S. Treasury Money Fund 21%
Vanguard Institutional Index 19%
Vanguard Ttl International Stock Index Inst 8%
DFA U.S. Small Cap Institutional Fund 3%
30% stocks / 70% bonds
Recommended for you (based on your risk profile)
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
Vanguard Institutional Index 39%
Vanguard Total Bond Index Adm 28%
Vanguard Ttl International Stock Index Inst 15%
U.S. Treasury Money Fund 12%
DFA U.S. Small Cap Institutional Fund 6%
60% stocks / 40% bonds
Recommended for you (based on your risk profile)
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
Vanguard Institutional Index 52%
Vanguard Ttl International Stock Index Inst 20%
Vanguard Total Bond Index Adm 14%
DFA U.S. Small Cap Institutional Fund 8%
U.S. Treasury Money Fund 6%
80% stocks / 20% bonds
Recommended for you (based on your risk profile)
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
Vanguard Institutional Index 65%
Vanguard Ttl International Stock Index Inst 25%
DFA U.S. Small Cap Institutional Fund 10%
100% stocks / 0% bonds
Stay on track

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  • What your match is really worth
  • How to keep costs low with index funds
  • Plan updates when your filing changes

We send only what's useful. No advisor pitches, no data sales.

These allocation examples are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.

Talk to Zac about your 401(k)

Zac Murphy, CFA, CFP® -- Founder of Waterfall Planning
Zac Murphy, CFA, CFP®
CFA charterholder, CFP® professional, and founder of Waterfall Planning

Helps clients build wealth deliberately, through portfolios that match their goals, retirement that arrives on schedule, and tax strategy that keeps more of what they earn.

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