Plan Ledger DOL Form 5500 · updated monthly

Badger Mining Corporation401(k)

BADGER MINING CORPORATION 401(K) SAVINGS PLAN · BERLIN, WI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Badger Mining Corporation reported $24,094 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,851 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 0.06% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 292nd-largest of 1,936 plans among Wisconsin employers on file, and the 139th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,131,070
Participants with balances438
Active participants295
Employer contributions$1,431,069
Employee contributions$2,966,284
Employer contribution per active participant$4,851
Average account balance$173,815
Benefits paid to participants$5,915,456
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$76.1M · 438 accts · $1.4M emplr
2023$68.5M · 423 accts · $1.6M emplr
2022$60.9M · 421 accts · $1.3M emplr
The Badger Mining Corporation 401(k) match · 2024
Employer contribution per active participant$4,851
Median for plans this size$3,635
2024$4,851 per active participant
2023$5,470 per active participant
2022$4,502 per active participant

Badger Mining Corporation's 2024 employer contribution ran above the $3,635 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
SPECTRUM INVESTMENT ADVISORS INC · Investment advisory (plan)$69,410
WIPFLI LLP · Accounting / audit$11,312

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$24,094 · 0.03%
2023$39,146 · 0.06%
2022$38,194 · 0.06%
Same employer
Similar plansMining, Oil & Gas Extraction · Wisconsin
Westmoreland Mining LLC CO$79.3M · 0.21%
U.S. Borax Inc. UT$76.2M · 0.05%
Coronado Coal LLC WV$75.7M · 0.28%
Ranger Energy Services, LLC TX$75.5M · 0.60%
Cnooc Energy U.S.A. LLC TX$73.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391322423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.