Plan Ledger DOL Form 5500 · updated monthly

Bhp Minerals Service Company401(k)

BHP MINERALS USA RETIREMENT SAVINGS PLAN · TUSCON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Bhp Minerals Service Company reported $89,026 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $27,488 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 rose from 0.06% to 0.09%. 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 117th-largest of 1,285 plans among Arizona employers on file, and the 106th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.79 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$107,622,008
Participants with balances293
Active participants214
Employer contributions$5,882,334
Employee contributions$3,285,382
Employer contribution per active participant$27,488
Average account balance$367,311
Benefits paid to participants$8,875,575
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$107.6M · 293 accts · $5.9M emplr
2023$94.4M · 274 accts · $5.5M emplr
2022$82.3M · 260 accts · $4.2M emplr
The Bhp Minerals Service Company 401(k) match · 2024
Employer contribution per active participant$27,488
Median for plans this size$3,635
2024$27,488 per active participant
2023$23,569 per active participant
2022$18,642 per active participant

Bhp Minerals Service Company's 2024 employer contribution ran above the $3,635 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$25,856
VANGUARD ADVISERS INC. · Investment advisory (participants)$63,769

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$89,026 · 0.09%
2023$103,843 · 0.12%
2022$49,200 · 0.06%
Same employer
Similar plansMining, Oil & Gas Extraction · Arizona
Freeport-McMoran Inc. AZ$2.7B · 0.01%
Asarco LLC AZ$118.2M · 0.05%
Pinto Valley Mining Corp. AZ$38.5M · 0.09%
SOUTH32 Hermosa Inc. AZ$16.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943062380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.