Plan Ledger DOL Form 5500 · updated monthly

Black Mountain Management, LLC401(k)

BLACK MOUNTAIN MANAGEMENT, LLC 401(K) · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Black Mountain Management, LLC reported $41,932 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,807 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 1 year on file its reported administrative ratio fell from 0.56% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (2,961st of 5,688), and 406th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,735,432
Participants with balances222
Active participants356
Employer contributions$643,138
Employee contributions$1,104,420
Employer contribution per active participant$1,807
Average account balance$48,358
Benefits paid to participants$907,383
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.7M · 222 accts · $643K emplr
2023$8.5M · 224 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,932
Total administrative$41,932
The Black Mountain Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,807
Median for plans this size$1,313
2024$1,807 per active participant
2023$1,788 per active participant

Black Mountain Management, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,932

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

Administrative cost history2
2024$41,932 · 0.44%
2023$40,173 · 0.56%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Scm Operations LLC TX$11.6M · 0.44%
Goodnight Midstream, LLC TX$11.2M · 0.53%
The Wireline Group, Inc. TX$10.7M · 0.78%
Presidio Employee Co LLC TX$9.7M · 0.49%
Stream-Flo USA, Inc. TX$9.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813681379 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.