Plan Ledger DOL Form 5500 · updated monthly

Cold Spring Granite Company401(k)

COLD SPRING GRANITE COMPANY 401(K) RETIREMENT PLAN · COLD SPRING, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Cold Spring Granite Company reported $164,892 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,582 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 3 years on file its reported administrative ratio has held roughly steady near 0.122%. 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 214th-largest of 1,918 plans among Minnesota employers on file, and the 87th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,012,451
Participants with balances996
Active participants869
Employer contributions$2,243,527
Employee contributions$7,444,912
Employer contribution per active participant$2,582
Average account balance$139,571
Benefits paid to participants$16,154,141
Plan auditUnmodified (clean) audit opinion
AuditorBERGAN KDV
Plan history3
Yearassets · accounts · employer contribution
2024$139.0M · 996 accts · $2.2M emplr
2023$131.6M · 1,013 accts · $2.2M emplr
2022$116.6M · 1,032 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,842
Investment management$34,975
Total administrative$164,892
The Cold Spring Granite Company 401(k) match · 2024
Employer contribution per active participant$2,582
Median for plans this size$3,635
2024$2,582 per active participant
2023$2,607 per active participant
2022$2,363 per active participant

Cold Spring Granite Company'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
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$129,843
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$34,975

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$164,892 · 0.12%
2023$176,655 · 0.14%
2022$149,803 · 0.12%
Same employer
Similar plansMining, Oil & Gas Extraction · Minnesota
Seadrill Americas Inc. TX$146.6M · 0.00%
Boart Longyear Company UT$145.5M · 0.17%
Northshore Mining Company OH$145.5M · 0.05%
Pdc Energy, Inc. CO$139.0M · 0.11%
True Drilling LLC WY$138.9M · 0.32%
Kennecott Utah Copper LLC UT$130.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410197900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.