Plan Ledger DOL Form 5500 · updated monthly

Nacco Natural Resources Corporation401(k)

THE NORTH AMERICAN COAL CORPORATION RETIREMENT SAVINGS PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Nacco Natural Resources Corporation reported $5,227 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,283 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 0.000% to 0.001%. 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 151st-largest of 5,688 plans among Texas employers on file, and the 21st of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$768,424,646
Participants with balances2,436
Active participants1,757
Employer contributions$23,338,681
Employee contributions$19,658,957
Employer contribution per active participant$13,283
Average account balance$315,445
Benefits paid to participants$82,015,727
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$768.4M · 2,436 accts · $23.3M emplr
2023$718.1M · 2,504 accts · $21.4M emplr
2022$627.1M · 2,523 accts · $20.6M emplr
Administrative expenses, itemized · 2024
Investment management$5,227
Total administrative$5,227
The Nacco Natural Resources Corporation 401(k) match · 2024
Employer contribution per active participant$13,283
Median for plans this size$4,294
2024$13,283 per active participant
2023$12,401 per active participant
2022$12,303 per active participant

Nacco Natural Resources Corporation'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 · 20242
VANGUARD GROUP, INC. · Recordkeeping · Trusteeindirect comp
VANGUARD ADVISERS INC. · Investment advisory (participants)$5,227

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,227 · 0.00%
2023$3,419 · 0.00%
2022$958 · 0.00%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Marathon Oil Company TX$923.2M · 0.03%
Hilcorp Energy Company TX$817.8M · 0.04%
Championx LLC TX$724.1M · 0.06%
Apache Corporation TX$715.3M · 0.03%
Patterson-Uti Energy, Inc TX$613.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341554846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.