Retirement plan

CLASSIC COAL SALES, INC. 401(K) PLAN

Name: CLASSIC COAL SALES, INC. - CLASSIC COAL SALES, INC. 401(K) PLAN (2016) Form 5500
Creator: CLASSIC COAL SALES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLASSIC COAL SALES, INC. 401(K) PLAN, CLASSIC COAL SALES, INC.

CLASSIC COAL SALES, INC.EIN 31-1219500Plan #001PY 2016

356 SOUTH COLLEGE AVENUE - BLUEFIELD, VA 24605276-322-4900LinkedIn1-10 employeesaccounting

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.3M

+6.0% from 2015

Total participants

162

-9.5% from 2015

Average account balance

$28,502

+18.5% from 2015

Annual return

7.47%

+7.42 pp from 2015

Benchmarks

See 293 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort293 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$8.78M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

207

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.

82.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
BENEFIT PLANS ADMIN SERVICES, INC.2+ years Filed as: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696	Recordkeeping	$17,408

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

$17K

$126 / participant

Investment mgmt$4K23.1%
Contract admin$12K69.7%
Other / not subdivided$1K7.2%

% of EOY assets

0.402%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BROWN EDWARDS AND COMPANY, LLP
Auditor EIN: 540504608
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,502

$61,616-53.7%

$105,754-73.0%

$55,167-48.3%

Participation rate

92.8%

72.9%+19.8pp

78.9%+13.8pp

69.0%+23.8pp

Annual return

7.47%

11.15%-3.7pp

12.25%-4.8pp

169.23%-161.8pp

Employer contribution / active EE

$1,858

$3,043-38.9%

$4,079-54.5%

$1,963-5.3%

Participant deferral / active EE

$2,432

$4,213-42.3%

$5,326-54.3%

$3,054-20.4%

Admin fee / account holder

$115

$379-69.7%

$8,309-98.6%

$504-77.3%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.2+ years

Filed as: BENEFIT PLANS ADMIN SERVICES

Service code 15 · EIN 16-1503696

Recordkeeping

$17,408

CLASSIC COAL SALES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLASSIC COAL SALES, INC. 401(K) 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