Plan Ledger DOL Form 5500 · updated monthly

Jrl Coal, Inc.401(k)

JRL COAL, INC. 401(K) · MILTON, GA · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

Jrl Coal, Inc. reported $27,706 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,407 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 1 year on file its reported administrative ratio rose from 0.67% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Georgia (1,787th of 2,160), and 538th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,368,835
Participants with balances221
Active participants200
Employer contributions$281,400
Employee contributions$472,567
Employer contribution per active participant$1,407
Average account balance$15,244
Benefits paid to participants$546,967
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS CAULEY AND ASSOCIATES LLC
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 221 accts · $281K emplr
2022$2.7M · 231 accts · $273K emplr
The Jrl Coal, Inc. 401(k) match · 2023
Employer contribution per active participant$1,407
Median for plans this size$1,308
2023$1,407 per active participant
2022$1,634 per active participant

Jrl Coal, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeepingindirect comp

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

Administrative cost history2
2023$27,706 · 0.92%
2022$18,369 · 0.67%
Similar plansMining, Oil & Gas Extraction · Georgia
Imerys USA Inc. GA$309.8M · 0.11%
Rpc, Inc. GA$273.4M · 0.17%
Thiele Kaolin Company GA$174.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814111438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.