Plan Ledger DOL Form 5500 · updated monthly

American Consolidated Natural Resources, Inc.401(k)

AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. SAVINGS AND SECURITY PLAN · ST. CLAIRSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

American Consolidated Natural Resources, Inc. reported $537,068 in plan administrative expenses for 2024: 0.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,472 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 170th-largest of 3,295 plans among Ohio employers on file, and the 55th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has shrunk from 1,913 to 1,407 since 2022.

Plan summary
Net assets, end of year$266,813,239
Participants with balances1,651
Active participants1,407
Employer contributions$10,513,195
Employee contributions$14,801,799
Employer contribution per active participant$7,472
Average account balance$161,607
Benefits paid to participants$35,243,737
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$266.8M · 1,651 accts · $10.5M emplr
2023$255.8M · 2,053 accts · $11.1M emplr
2022$210.7M · 1,994 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$298,726
Investment management$238,342
Total administrative$537,068
The American Consolidated Natural Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$7,472
Median for plans this size$4,294
2024$7,472 per active participant
2023$5,795 per active participant
2022$5,014 per active participant

American Consolidated Natural Resources, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20248
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Loan processing$298,726
CBIZ BENEFITS & INSURANCE SERVICES · Recordkeeping$73,083
CASTLEVIEW PARTNERS LLC · Securities brokerage$84,985
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$60,752
DYNAMIC WEALTH ADVISORS · Securities brokerage$17,459
CHARLES SCHWAB & CO, INC. · Securities brokerage$486
SUMMIT GLOBAL INVESTMENTS LLC · Securities brokerage$429
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CBIZ BENEFITS & INSURANCE SERVICES, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left American Consolidated Natural Resources, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$537,068 · 0.21%
2023$517,033 · 0.22%
2022$458,448 · 0.20%
Same employer
Similar plansMining, Oil & Gas Extraction · Ohio
Merit Energy Company, LLC TX$277.3M · 0.03%
Rpc, Inc. GA$273.4M · 0.17%
Consol Energy Inc. PA$270.5M · 0.10%
Cleveland-Cliffs Inc. OH$255.2M · 0.04%
Covia Holdings LLC OH$247.1M · 0.08%
Repsol Services Company TX$240.7M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 851621594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.