Plan Ledger DOL Form 5500 · updated monthly

American Rock Salt Company LLC401(k)

AMERICAN ROCK SALT COMPANY 401(K) PLAN · MOUNT MORRIS, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

American Rock Salt Company LLC reported $115,460 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,674 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 2 years on file its reported administrative ratio fell from 0.43% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,552nd-largest of 5,648 plans among New York employers on file, and the 202nd of 612 in mining, oil & gas extraction. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,762,712
Participants with balances435
Active participants358
Employer contributions$1,315,228
Employee contributions$2,663,158
Employer contribution per active participant$3,674
Average account balance$96,006
Benefits paid to participants$5,058,313
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.8M · 435 accts · $1.3M emplr
2023$38.0M · 415 accts · $1.3M emplr
2022$31.8M · 427 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,960
Investment management$51,500
Total administrative$115,460
The American Rock Salt Company LLC 401(k) match · 2024
Employer contribution per active participant$3,674
Median for plans this size$2,416
2024$3,674 per active participant
2023$3,657 per active participant
2022$3,570 per active participant

American Rock Salt Company LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,960
THE WATERFORD GROUP LLC · Investment advisory (plan)$44,000
TOMPKINS FINANCIAL ADVISORS · Investment advisory (participants)$7,500

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

Administrative cost history3
2024$115,460 · 0.29%
2023$98,710 · 0.28%
2022$143,886 · 0.43%
Same employer
Similar plansMining, Oil & Gas Extraction · New York
Canvas Energy LLC OK$42.5M · 0.03%
Nyrstar Clarksville Inc. TN$42.3M · 0.19%
Petrobras America Inc. TX$42.2M · 0.00%
C & C North America Inc. FL$41.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161516458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.