Plan Ledger DOL Form 5500 · updated monthly

Lexington Coal Company, LLC401(k)

LEXINGTON COAL COMPANY, LLC 401K PLAN · MILTON, WV · plan year 2023

Reported admin expense ratio · 2023
1.16%

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

Lexington Coal Company, LLC reported $58,288 in plan administrative expenses for 2023: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,522 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 1.10% to 0.87%. 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 West Virginia (186th of 265), and 504th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.65 for every $1.00 the employer contributed; active participation has shrunk from 200 to 119 since 2022.

Plan summary
Net assets, end of year$5,304,965
Participants with balances185
Active participants119
Employer contributions$419,071
Employee contributions$692,366
Employer contribution per active participant$3,522
Average account balance$28,675
Benefits paid to participants$1,277,606
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH & MAYS, A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 150 accts · $218K emplr
2023$5.3M · 185 accts · $419K emplr
2022$4.7M · 289 accts · $437K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,551
Investment management$12,737
Total administrative$58,288
The Lexington Coal Company, LLC 401(k) match · 2023
Employer contribution per active participant$3,522
Median for plans this size$1,308
2024$2,624 per active participant
2023$3,522 per active participant
2022$2,187 per active participant

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

Service providers · 20232
ADP, INC. · Recordkeeping · Investment advisory (participants)$45,758
EDWARD JONES · Recordkeeping · Trustee$12,530

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

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Administrative cost history3
2024$44,106 · 0.87%
2023$58,288 · 1.16%
2022$56,436 · 1.10%
Similar plansMining, Oil & Gas Extraction · West Virginia
Extra Energy, Inc. WV$14.4M · 0.14%
Century Mining, LLC WV$12.3M · 1.36%
Hall Drilling, LLC WV$11.0M · 0.60%
The Baughan Group WV$5.8M · 0.78%
Xinergy Corp. WV$4.7M · 1.72%
Cenergy, LLC WV$4.3M · 0.66%
Doss Enterprises, LLC WV$4.2M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201631464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.