Plan Ledger DOL Form 5500 · updated monthly

Century Mining, LLC401(k)

CENTURY MINING, LLC 401(K) PLAN · VOLGA, WV · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

Century Mining, LLC reported $137,951 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,932 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 has held roughly steady near 1.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 122nd-largest of 265 plans among West Virginia employers on file, and 386th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,252,355
Participants with balances428
Active participants367
Employer contributions$1,809,903
Employee contributions$2,470,020
Employer contribution per active participant$4,932
Average account balance$28,627
Benefits paid to participants$1,383,143
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$12.3M · 428 accts · $1.8M emplr
2023$8.0M · 419 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,327
Investment management$50,624
Total administrative$137,951
The Century Mining, LLC 401(k) match · 2024
Employer contribution per active participant$4,932
Median for plans this size$2,416
2024$4,932 per active participant
2023$3,650 per active participant

Century Mining, LLC's 2024 employer contribution ran above the $2,416 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$10,502
FORVIS MAZARS WEALTH ADVISORS, LLC · Investment advisory (participants)$50,624

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history2
2024$137,951 · 1.36%
2023$70,889 · 1.42%
Same employer
Similar plansMining, Oil & Gas Extraction · West Virginia
Justice Family Group, LLC WV$18.7M · 0.59%
Richwood Industries, Inc. WV$18.5M · 0.39%
Xmv, Inc. WV$15.3M · 0.55%
Extra Energy, Inc. WV$14.4M · 0.14%
Hall Drilling, LLC WV$11.0M · 0.60%
The Baughan Group WV$5.8M · 0.78%
Xinergy Corp. WV$4.7M · 1.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832787024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.