Retirement plan

INTREPID POTASH, INC. EMPLOYEE SAVINGS PLAN

Name: INTREPID POTASH, INC. - INTREPID POTASH, INC. EMPLOYEE SAVINGS PLAN (2024) Form 5500
Creator: INTREPID POTASH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTREPID POTASH, INC. EMPLOYEE SAVINGS PLAN, INTREPID POTASH, INC.

INTREPID POTASH, INC.EIN 26-1501877Plan #001PY 2024

707 17TH STREET, STE 4200 - DENVER, CO 80202303-996-3160intrepidpotash.comLinkedIn501-1000 employeesmining & metals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$63.9M

+9.6% from 2023

Total participants

669

-4.4% from 2023

Average account balance

$97,762

+14.3% from 2023

Annual return

14.06%

-4.89 pp from 2023

Benchmarks

See 195 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants250-999

Cohort195 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$63.94M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$98K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

654

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.06%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$263

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$77,034
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY Service code 16 · EIN 11-3658445	Consulting	$35,359
COOK STREET CONSULTING8 years Service code 16 · EIN 84-0854432	Consulting	$34,836
BDO USA, LLP4 years Filed as: BDO USA LLP Service code 10 · EIN 13-5381590	Accounting	$24,500

Plan features & details

Pension benefit codes2F2G2J2K2S2T3H3D2R2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$172K

$366 / participant

Recordkeeping$77K44.7%
Contract admin$3000.2%
Other / not subdivided$95K55.1%

% of EOY assets

0.269%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BDO USA, P.C
Auditor EIN: 135381590
Audit fees: $24,500
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,762

$96,486+1.3%

$153,432-36.3%

$77,671+25.9%

Participation rate

96.8%

81.6%+15.2pp

77.1%+19.7pp

70.6%+26.2pp

Annual return

14.06%

14.44%-0.4pp

15.66%-1.6pp

31.21%-17.1pp

Employer contribution / active EE

$4,407

$5,224-15.6%

$5,038-12.5%

$2,726+61.6%

Participant deferral / active EE

$7,631

$6,609+15.5%

$6,757+12.9%

$4,648+64.2%

Admin fee / account holder

$263

$182+43.9%

$12,725-97.9%

$430-39.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$77,034

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY

Service code 16 · EIN 11-3658445

Consulting

$35,359

COOK STREET CONSULTING8 years

Service code 16 · EIN 84-0854432

Consulting

$34,836

BDO USA, LLP4 years

Filed as: BDO USA LLP

Service code 10 · EIN 13-5381590

Accounting

$24,500

INTREPID POTASH, INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTREPID POTASH, INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion