Plan Ledger DOL Form 5500 · updated monthly

Iron Senergy, LLC401(k)

401(K) PLAN FOR UMWA REPRESENTED EMPLOYEES OF IRON SENERGY · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Iron Senergy, LLC reported $17,025 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,553 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 0.041% to 0.044%. 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 170th-largest of 871 plans among Kentucky employers on file, and the 207th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.03 for every $1.00 the employer contributed; active participation has shrunk from 573 to 479 since 2022.

Plan summary
Net assets, end of year$40,770,374
Participants with balances546
Active participants479
Employer contributions$2,180,953
Employee contributions$2,249,612
Employer contribution per active participant$4,553
Average account balance$74,671
Benefits paid to participants$5,295,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.8M · 546 accts · $2.2M emplr
2023$36.9M · 596 accts · $2.8M emplr
2022$28.0M · 578 accts · $2.5M emplr
The Iron Senergy, LLC 401(k) match · 2024
Employer contribution per active participant$4,553
Median for plans this size$2,416
2024$4,553 per active participant
2023$5,017 per active participant
2022$4,372 per active participant

Iron Senergy, 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$17,050

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$17,025 · 0.04%
2023$18,295 · 0.06%
2022$11,630 · 0.04%
All plans at this employer2
IRON SENERGY, LLC 401(K) RETIREMENT SAVINGS PLAN401(k)
401(K) PLAN FOR UMWA REPRESENTED EMPLOYEES OF IRON SENERGY401(k)
Same employer
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Wake Stone Corporation NC$39.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852328662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.