Plan Ledger DOL Form 5500 · updated monthly

Hecla Mining Company401(k)

HECLA MINING COMPANY CAPITAL ACCUMULATION PLAN · COEUR DALENE, ID · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Hecla Mining Company reported $34,011 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,490 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 0.016% to 0.022%. 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 18th-largest of 349 plans among Idaho employers on file, and the 81st of 612 in mining, oil & gas extraction. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$162,906,952
Participants with balances1,165
Active participants729
Employer contributions$4,730,980
Employee contributions$7,686,430
Employer contribution per active participant$6,490
Average account balance$139,834
Benefits paid to participants$18,923,668
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$162.9M · 1,165 accts · $4.7M emplr
2023$150.2M · 1,150 accts · $4.7M emplr
2022$139.3M · 1,116 accts · $4.5M emplr
The Hecla Mining Company 401(k) match · 2024
Employer contribution per active participant$6,490
Median for plans this size$3,635
2024$6,490 per active participant
2023$6,309 per active participant
2022$6,330 per active participant

Hecla Mining Company's 2024 employer contribution ran above 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$41,061

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$34,011 · 0.02%
2023$25,705 · 0.02%
2022$24,645 · 0.02%
Same employer
Similar plansMining, Oil & Gas Extraction · Idaho
Luck Stone Corporation VA$174.5M · 0.14%
Thiele Kaolin Company GA$174.1M · 0.02%
Seadrill Americas Inc. TX$146.6M · 0.00%
Boart Longyear Company UT$145.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770664171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.