Plan Ledger DOL Form 5500 · updated monthly

Orica USA 401K Plan401(k)

ORICA USA INC. 401(K) PLAN · WATKINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Orica USA 401K Plan reported $185,760 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,189 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 0.16% to 0.21%. 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 141st-largest of 1,461 plans among Colorado employers on file, and the 121st of 612 in mining, oil & gas extraction. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,637,841
Participants with balances696
Active participants456
Employer contributions$1,910,216
Employee contributions$4,100,924
Employer contribution per active participant$4,189
Average account balance$130,227
Benefits paid to participants$14,532,370
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.6M · 696 accts · $1.9M emplr
2023$87.6M · 721 accts · $1.9M emplr
2022$79.4M · 756 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,119
Investment management$57,641
Total administrative$185,760
The Orica USA 401K Plan 401(k) match · 2024
Employer contribution per active participant$4,189
Median for plans this size$3,635
2024$4,189 per active participant
2023$4,235 per active participant
2022$4,071 per active participant

Orica USA 401K Plan'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$128,119
GLOBAL REITREMENT PARTNE · Investment advisory (plan)$57,641

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$185,760 · 0.21%
2023$172,912 · 0.21%
2022$150,347 · 0.16%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Sm Energy Company CO$190.3M · 0.03%
Pdc Energy, Inc. CO$139.0M · 0.11%
Antero Resources Corporation CO$100.0M · 0.02%
Westmoreland Mining LLC CO$79.3M · 0.21%
Intrepid Potash, Inc. CO$63.9M · 0.28%
Civitas Resources, Inc. CO$61.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752661387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.