Plan Ledger DOL Form 5500 · updated monthly

Kinross Gold U.S.A., Inc401(k)

KINROSS GOLD RETIREMENT PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Kinross Gold U.S.A., Inc reported $238,461 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $10,053 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 fell from 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 44th-largest of 1,461 plans among Colorado employers on file, and the 39th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$407,563,099
Participants with balances2,719
Active participants2,077
Employer contributions$20,880,433
Employee contributions$17,980,046
Employer contribution per active participant$10,053
Average account balance$149,894
Benefits paid to participants$53,926,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$407.6M · 2,719 accts · $20.9M emplr
2023$377.9M · 2,728 accts · $20.4M emplr
2022$332.6M · 2,852 accts · $20.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$238,461
Total administrative$238,461
The Kinross Gold U.S.A., Inc 401(k) match · 2024
Employer contribution per active participant$10,053
Median for plans this size$4,294
2024$10,053 per active participant
2023$9,991 per active participant
2022$9,147 per active participant

Kinross Gold U.S.A., Inc's 2024 employer contribution ran above the $4,294 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$238,460

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

Administrative cost history3
2024$238,461 · 0.06%
2023$239,439 · 0.07%
2022$251,115 · 0.07%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Ovintiv USA Inc. CO$547.2M · 0.05%
Newmont USA Limited CO$341.3M · 0.09%
Sm Energy Company CO$190.3M · 0.03%
Pdc Energy, Inc. CO$139.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870364965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.