Plan Ledger DOL Form 5500 · updated monthly

Inmet Mining, LLC401(k)

INMET MINING 401(K) PLAN · KNOXVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.12%

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

Inmet Mining, LLC reported $33,885 in plan administrative expenses for 2022: 1.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,976 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Tennessee (1,167th of 1,496), and 530th of 612 in mining, oil & gas extraction. In 2022, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,842,201
Participants with balances228
Active participants343
Employer contributions$677,677
Employee contributions$1,155,958
Employer contribution per active participant$1,976
Average account balance$16,852
Benefits paid to participants$374,259
Plan auditUnmodified (clean) audit opinion
AuditorKRUGGEL LAWTON & COMPANY.LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,843
Investment management$18,042
Total administrative$33,885
The Inmet Mining, LLC 401(k) match · 2022
Employer contribution per active participant$1,976
Median for plans this size$1,114

Inmet Mining, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$33,885 · 1.12%
Similar plansMining, Oil & Gas Extraction · Tennessee
Covoro Mining Solutions LLC TN$27.7M · 0.47%
Little Six Corporation TN$7.6M · 0.10%
Volunteer Materials TN$4.7M · 0.76%
Falcon Drilling Co LLC PA$4.0M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842771693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.