Plan Ledger DOL Form 5500 · updated monthly

Extra Energy, Inc.401(k)

CHOICE INVESTMENTS SAVINGS PLAN · PRINCETON, WV · plan year 2019

Reported admin expense ratio · 2019
0.14%

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

Extra Energy, Inc. reported $19,938 in plan administrative expenses for 2019: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,596 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 5 years on file its reported administrative ratio fell from 0.14% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 68 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 106th-largest of 265 plans among West Virginia employers on file, and 364th of 612 in mining, oil & gas extraction. In 2019, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,430,057
Participants with balances856
Active participants393
Employer contributions$1,020,370
Employee contributions$954,895
Employer contribution per active participant$2,596
Average account balance$16,858
Benefits paid to participants$2,647,800
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$12.6M · 672 accts · $904K emplr
2023$11.3M · 748 accts · $979K emplr
2022$9.6M · 675 accts · $888K emplr
2019$14.4M · 856 accts · $1.0M emplr
Administrative expenses, itemized · 2019
Investment management$19,938
Total administrative$19,938
The Extra Energy, Inc. 401(k) match · 2019
Employer contribution per active participant$2,596
Median for plans this size$1,489
2024$3,288 per active participant
2023$2,829 per active participant
2022$2,619 per active participant
2019$2,596 per active participant

Extra Energy, Inc.'s 2019 employer contribution ran above the $1,489 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history4
2024$11,964 · 0.10%
2023$6,637 · 0.06%
2022$5,598 · 0.06%
2019$19,938 · 0.14%
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%
Century Mining, LLC WV$12.3M · 1.36%
Hall Drilling, LLC WV$11.0M · 0.60%
The Baughan Group WV$5.8M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550688280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.