Plan Ledger DOL Form 5500 · updated monthly

Jerritt Canyon Gold LLC401(k)

JERRITT CANYON GOLD LLC 401(K) PLAN · ELKO, NV · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Jerritt Canyon Gold LLC reported $40,285 in plan administrative expenses for 2022: 0.54% of average plan assets, above the peer median. Employer contributions averaged $5,868 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 8 years on file its reported administrative ratio fell from 1.79% to 0.87%. 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 Nevada (231st of 437), and 454th of 612 in mining, oil & gas extraction. In 2022, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,002,331
Participants with balances352
Active participants299
Employer contributions$1,754,585
Employee contributions$1,633,158
Employer contribution per active participant$5,868
Average account balance$22,734
Benefits paid to participants$1,378,243
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY MANUEL COMPANY
Plan history7
Yearassets · accounts · employer contribution
2024$7.9M · 147 accts · $627K emplr
2023$7.5M · 187 accts · $1.1M emplr
2022$8.0M · 352 accts · $1.8M emplr
2019$3.8M · 150 accts · $304K emplr
2018$2.9M · 152 accts · $280K emplr
2017$2.7M · 132 accts · $244K emplr
2016$1.7M · 111 accts · $213K emplr
The Jerritt Canyon Gold LLC 401(k) match · 2022
Employer contribution per active participant$5,868
Median for plans this size$1,114
2024$8,591 per active participant
2023$3,236 per active participant
2022$5,868 per active participant
2019$1,057 per active participant
2018$817 per active participant

Jerritt Canyon Gold 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 history7
2024$66,432 · 0.87%
2023$50,144 · 0.65%
2022$40,285 · 0.54%
2019$41,202 · 1.24%
2018$29,050 · 1.05%
2017$23,762 · 1.08%
2016$25,642 · 1.79%
Same employer
Similar plansMining, Oil & Gas Extraction · Nevada
Redpath USA Corporation NV$24.6M · 0.05%
Florida Canyon Mining, Inc. NV$23.1M · 0.50%
National Ewp, Inc. NV$14.1M · 0.57%
Ram Enterprise, Inc. NV$12.2M · 0.36%
McEwen Mining Inc. NV$5.4M · 0.72%
Rawhide Mining LLC NV$5.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473490773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.