Plan Ledger DOL Form 5500 · updated monthly

Usibelli Coal Mine, Inc.401(k)

USIBELLI COAL MINE, INC. 401(K) PLAN II · HEALY, AK · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Usibelli Coal Mine, Inc. reported $54,039 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,543 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 0.29% to 0.19%. 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 58th-largest of 160 plans among Alaska employers on file, and the 241st of 612 in mining, oil & gas extraction. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 115 to 94 since 2022.

Plan summary
Net assets, end of year$31,123,334
Participants with balances126
Active participants94
Employer contributions$427,038
Employee contributions$829,269
Employer contribution per active participant$4,543
Average account balance$247,011
Benefits paid to participants$824,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 126 accts · $427K emplr
2023$26.7M · 122 accts · $376K emplr
2022$22.1M · 122 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,947
Investment management$9,829
Audit (IQPA)$12,000
Trustee / custodial$8,263
Total administrative$54,039
The Usibelli Coal Mine, Inc. 401(k) match · 2024
Employer contribution per active participant$4,543
Median for plans this size$2,416
2024$4,543 per active participant
2023$3,954 per active participant
2022$2,565 per active participant

Usibelli Coal Mine, 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 · 20245
MILLIMAN · Recordkeeping · Loan processing$23,947
LEE CPA AUDIT GROUP · Accounting / audit$12,000
PACIFIC PORTFOLIO CONSULTING · Investment advisory (plan)$9,829
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$8,263
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$54,039 · 0.19%
2023$49,844 · 0.20%
2022$71,378 · 0.29%
Similar plansMining, Oil & Gas Extraction · Alaska
Northern Star (Pogo) LLC AK$69.8M · 0.37%
Txo Energy Gp TX$31.9M · 0.47%
Surge Operating, LLC TX$31.9M · 0.17%
Rock of Ages Corporation VT$31.2M · 0.05%
Romarco Minerals U.S. Inc. SC$30.9M · 0.33%
Pason Systems USA Corp. TX$29.5M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 920014216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.