Plan Ledger DOL Form 5500 · updated monthly

Navajo Transitional Energy Company, LLC401(k)

NTEC 401(K) PLAN II · BROOMFIELD, CO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Navajo Transitional Energy Company, LLC reported $85,951 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,850 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 0.037% to 0.042%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 80th-largest of 1,461 plans among Colorado employers on file, and the 66th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$209,559,369
Participants with balances1,425
Active participants1,050
Employer contributions$6,142,315
Employee contributions$8,668,895
Employer contribution per active participant$5,850
Average account balance$147,059
Benefits paid to participants$28,745,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$209.6M · 1,425 accts · $6.1M emplr
2023$198.4M · 1,468 accts · $6.1M emplr
2022$176.2M · 1,525 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,431
Investment management$56,520
Total administrative$85,951
The Navajo Transitional Energy Company, LLC 401(k) match · 2024
Employer contribution per active participant$5,850
Median for plans this size$3,635
2024$5,850 per active participant
2023$5,852 per active participant
2022$5,508 per active participant

Navajo Transitional Energy Company, LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$56,520
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,431

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$85,951 · 0.04%
2023$79,163 · 0.04%
2022$71,047 · 0.04%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Ovintiv USA Inc. CO$547.2M · 0.05%
Kinross Gold U.S.A., Inc CO$407.6M · 0.06%
Newmont USA Limited CO$341.3M · 0.09%
Sm Energy Company CO$190.3M · 0.03%
Pdc Energy, Inc. CO$139.0M · 0.11%
Antero Resources Corporation CO$100.0M · 0.02%
Orica USA 401K Plan CO$90.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464009272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.