Plan Ledger DOL Form 5500 · updated monthly

Blackhawk Mining, LLC401(k)

BLACKHAWK MINING RETIREMENT SAVINGS PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Blackhawk Mining, LLC reported $228,863 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,581 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 0.19% to 0.21%. 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 72nd-largest of 871 plans among Kentucky employers on file, and the 99th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$119,368,814
Participants with balances2,419
Active participants2,077
Employer contributions$7,436,771
Employee contributions$10,967,530
Employer contribution per active participant$3,581
Average account balance$49,346
Benefits paid to participants$12,525,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.4M · 2,419 accts · $7.4M emplr
2023$98.9M · 2,590 accts · $12.0M emplr
2022$69.7M · 2,008 accts · $596K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,854
Investment management$121,009
Total administrative$228,863
The Blackhawk Mining, LLC 401(k) match · 2024
Employer contribution per active participant$3,581
Median for plans this size$3,635
2024$3,581 per active participant
2023$5,565 per active participant
2022$288 per active participant

Blackhawk Mining, LLC's 2024 employer contribution ran below 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 · 20242
MCF ADVISORS LLC · Investment advisory (plan)$121,009

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$228,863 · 0.21%
2023$164,126 · 0.19%
2022$142,077 · 0.19%
Same employer
Similar plansMining, Oil & Gas Extraction · Kentucky
Cactus Drilling Company, LLC OK$122.9M · 0.05%
Chord Energy Corporation TX$122.2M · 0.14%
J-W Power Company TX$119.4M · 0.12%
Asarco LLC AZ$118.2M · 0.05%
Tetra Technologies, Inc. TX$113.6M · 0.04%
Eni US Operating Co. Inc. TX$112.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364948585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.