Plan Ledger DOL Form 5500 · updated monthly

Wolverine Fuels, LLC401(k)

WOLVERINE FUELS HOLDING, LLC 401(K) PLAN · SANDY, UT · plan year 2024

Employer contribution per participant · 2024
$4,286

Wolverine Fuels, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $89,107,715 across 1,130 participant accounts, with employer contributions averaging $4,286 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.005% to 0.015%. 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 94th-largest of 848 plans among Utah employers on file, and the 124th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 771 to 930 since 2022.

Plan summary
Net assets, end of year$89,107,715
Participants with balances1,130
Active participants930
Employer contributions$3,985,859
Employee contributions$5,208,775
Employer contribution per active participant$4,286
Average account balance$78,856
Benefits paid to participants$10,344,997
Plan auditUnmodified (clean) audit opinion
AuditorCOULTER & JUSTUS,P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$89.1M · 1,130 accts · $4.0M emplr
2023$79.0M · 983 accts · $3.6M emplr
2022$65.8M · 992 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Investment management$48,010
Audit (IQPA)$15,000
Total administrative-$4,933
The Wolverine Fuels, LLC 401(k) match · 2024
Employer contribution per active participant$4,286
Median for plans this size$3,635
2024$4,286 per active participant
2023$4,761 per active participant
2022$4,422 per active participant

Wolverine Fuels, LLC'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.

Service providers · 20244
GLOBAL RETIREMENT PARTNERS LLC · Consulting$81,547
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$48,010
COULTER & JUSTUS PC · Accounting / audit$15,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$10,700 · 0.01%
2022$3,915 · 0.01%
Similar plansMining, Oil & Gas Extraction · Utah
Rio Tinto America Inc. UT$687.0M · 0.02%
Boart Longyear Company UT$145.5M · 0.17%
Kennecott Utah Copper LLC UT$130.5M · 0.04%
U.S. Borax Inc. UT$76.2M · 0.05%
Cementation USA, Inc. UT$38.8M · 0.62%
Redmond, Inc. UT$27.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200469162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.