Plan Ledger DOL Form 5500 · updated monthly

Purewest Resources, Inc.401(k)

PUREWEST 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Purewest Resources, Inc. reported $24,726 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,504 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 0.12% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 248th-largest of 1,461 plans among Colorado employers on file, and the 185th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.55 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$49,209,958
Participants with balances237
Active participants184
Employer contributions$3,404,759
Employee contributions$2,198,908
Employer contribution per active participant$18,504
Average account balance$207,637
Benefits paid to participants$2,656,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.2M · 237 accts · $3.4M emplr
2023$39.5M · 237 accts · $3.4M emplr
2022$29.7M · 224 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,070
Investment management$1,656
Total administrative$24,726
The Purewest Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$18,504
Median for plans this size$2,416
2024$18,504 per active participant
2023$18,876 per active participant
2022$16,973 per active participant

Purewest Resources, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,070

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$24,726 · 0.06%
2023$146,189 · 0.42%
2022$38,455 · 0.12%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Civitas Resources, Inc. CO$61.8M · 0.14%
Calfrac Well Services Corp. CO$50.6M · 0.50%
Jonah Energy, LLC CO$47.5M · 0.06%
Qb Energy Management, LLC CO$36.9M · 0.42%
Caerus Operating LLC CO$34.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830320643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.