Plan Ledger DOL Form 5500 · updated monthly

Nevada Copper Inc401(k)

NEVADA COPPER INC 401K PROFIT SHARING PLAN AND TRUST · · plan year 2024

Reported admin expense ratio · 2024
1.61%

Nevada Copper Inc reported $44,955 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. 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 1.35% to 1.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is 546th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,826,413
Participants with balances252
Active participants0
Employer contributions$672,989
Employee contributions$887,894
Employer contribution per active participant—
Average account balance$11,216
Benefits paid to participants$1,835,509
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$2.8M · 252 accts · $673K emplr
2023$2.8M · 242 accts · $683K emplr
2022$1.9M · 149 accts · $413K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,641
Investment management$10,314
Total administrative$44,955
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 · 20243
ASSOCIATED PENSION CONSULTANTS · Contract administrator$18,694
EMPOWER ADVISORY GROUP · Investment management$16,184
CAMBRIDGE INVESTMENT RESEARCH INC · Investment advisory (plan)$10,196

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

Administrative cost history4
2025Not separately reported
2024$44,955 · 1.61%
2023$23,886 · 1.02%
2022$24,173 · 1.35%
Same employer
Similar plansMining, Oil & Gas Extraction
Trc Construction, Inc. NM$3.1M · 1.59%
Optimum Staffing, Inc. IL$3.0M · 1.13%
Warrior Technologies, LLC TX$2.8M · 2.10%
New Prospect Company AR$2.8M · 0.57%
Wildcat Oil Tools, LLC TX$2.6M · 0.93%
Reach Wireline, LLC TX$2.6M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204671157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.