Plan Ledger DOL Form 5500 · updated monthly

Eagle Mine LLC401(k)

EAGLE MINE LLC 401(K) PLAN · CHAMPION, MI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Eagle Mine LLC reported $133,671 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $5,698 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 0.41% to 0.44%. 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 710th-largest of 2,619 plans among Michigan employers on file, and the 228th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 201 to 369 since 2022.

Plan summary
Net assets, end of year$34,182,596
Participants with balances419
Active participants369
Employer contributions$2,102,458
Employee contributions$2,197,451
Employer contribution per active participant$5,698
Average account balance$81,581
Benefits paid to participants$1,580,233
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 419 accts · $2.1M emplr
2023$27.1M · 268 accts · $1.2M emplr
2022$23.8M · 239 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,671
Total administrative$133,671
The Eagle Mine LLC 401(k) match · 2024
Employer contribution per active participant$5,698
Median for plans this size$2,416
2024$5,698 per active participant
2023$5,308 per active participant
2022$5,881 per active participant

Eagle Mine 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,824

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

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

Administrative cost history3
2024$133,671 · 0.44%
2023$111,609 · 0.44%
2022$103,097 · 0.41%
Same employer
Similar plansMining, Oil & Gas Extraction · Michigan
Rees-Jones Holdings LLC TX$35.1M · 0.32%
L.G. Everist, Incorporated SD$34.7M · 0.23%
Caerus Operating LLC CO$34.6M · 0.39%
Wilson Creek Energy, LLC PA$32.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061690732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.