Plan Ledger DOL Form 5500 · updated monthly

Xmv, Inc.401(k)

XMV, INC. PROFIT SHARING PLAN · PRINCETON, WV · plan year 2019

Reported admin expense ratio · 2019
0.55%

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

Xmv, Inc. reported $80,921 in plan administrative expenses for 2019: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,153 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 5 years on file its reported administrative ratio fell from 0.55% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 68 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 101st-largest of 265 plans among West Virginia employers on file, and 353rd of 612 in mining, oil & gas extraction. In 2019, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,295,865
Participants with balances696
Active participants297
Employer contributions$936,502
Employee contributions$997,968
Employer contribution per active participant$3,153
Average account balance$21,977
Benefits paid to participants$3,402,529
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$14.8M · 624 accts · $591K emplr
2023$14.7M · 727 accts · $859K emplr
2022$12.6M · 716 accts · $887K emplr
2019$15.3M · 696 accts · $937K emplr
Administrative expenses, itemized · 2019
Investment management$80,921
Total administrative$80,921
The Xmv, Inc. 401(k) match · 2019
Employer contribution per active participant$3,153
Median for plans this size$1,489
2024$4,804 per active participant
2023$3,642 per active participant
2022$3,838 per active participant
2019$3,153 per active participant

Xmv, Inc.'s 2019 employer contribution ran above the $1,489 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history4
2024$72,140 · 0.49%
2023$57,012 · 0.42%
2022$62,429 · 0.46%
2019$80,921 · 0.55%
Similar plansMining, Oil & Gas Extraction · West Virginia
Coronado Coal LLC WV$75.7M · 0.28%
Justice Family Group, LLC WV$18.7M · 0.59%
Richwood Industries, Inc. WV$18.5M · 0.39%
Extra Energy, Inc. WV$14.4M · 0.14%
Century Mining, LLC WV$12.3M · 1.36%
Hall Drilling, LLC WV$11.0M · 0.60%
The Baughan Group WV$5.8M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223877197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.