Plan Ledger DOL Form 5500 · updated monthly

Bluegrass Natural Resources, LLC401(k)

BLUEGRASS NATURAL RESOURCES, LLC 401(K) PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Bluegrass Natural Resources, LLC reported $78,898 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,076 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 rose from 1.08% to 1.33%. 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 Tennessee (986th of 1,496), and 480th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,501,490
Participants with balances254
Active participants366
Employer contributions$759,766
Employee contributions$1,289,920
Employer contribution per active participant$2,076
Average account balance$25,596
Benefits paid to participants$1,582,141
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.5M · 254 accts · $760K emplr
2023$5.4M · 227 accts · $720K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,898
Total administrative$78,898
The Bluegrass Natural Resources, LLC 401(k) match · 2024
Employer contribution per active participant$2,076
Median for plans this size$1,313
2024$2,076 per active participant
2023$2,423 per active participant

Bluegrass Natural Resources, 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 · 20243
OSAIC ADVISORY SERVICES LLC · Investment advisory (plan)$32,758
EMPOWER ADVISORY GROUP, LLC · Investment management$2,661

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$78,898 · 1.33%
2023$49,945 · 1.08%
Same employer
Similar plansMining, Oil & Gas Extraction · Tennessee
United Coal Company, LLC TN$54.6M · 0.44%
Nyrstar Clarksville Inc. TN$42.3M · 0.19%
Covoro Mining Solutions LLC TN$27.7M · 0.47%
Little Six Corporation TN$7.6M · 0.10%
Volunteer Materials TN$4.7M · 0.76%
Inmet Mining, LLC TN$3.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881711423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.