Retirement plan

GOLDEN QUEEN 401(K) PLAN

Name: GOLDEN QUEEN MINING COMPANY, LLC - GOLDEN QUEEN 401(K) PLAN (2021) Form 5500
Creator: GOLDEN QUEEN MINING COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDEN QUEEN 401(K) PLAN, GOLDEN QUEEN MINING COMPANY, LLC

GOLDEN QUEEN MINING COMPANY, LLCEIN 47-1904841Plan #001PY 2021

2818 SILVER QUEEN RD, PO BOX 1030 - MOJAVE, CA 935021030661-824-4300goldenqueenllc.comLinkedIn201-500 employeesmining & metals

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$6.3M

+27.8% from 2020

Total participants

318

+0.6% from 2020

Average account balance

$21,571

+26.9% from 2020

Annual return

17.93%

+2.39 pp from 2020

Benchmarks

See 265 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort265 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.29M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

277

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.

79.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$228

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 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290	Contract Administrator	$18,984
PRINCIPAL LIFE INSURANCE COMPANY4 years Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553	Other Services	$16,647
WILSHIRE ASSOCIATES INCORPORATED6+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$19K

$77 / participant

Contract admin$19K100.0%

% of EOY assets

0.301%

all-in expense ratio

Categories reported

1 / 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: RJ I
Auditor EIN: 330953262
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,571

$82,274-73.8%

$152,473-85.9%

$79,389-72.8%

Participation rate

89.4%

76.4%+13.0pp

78.2%+11.2pp

70.7%+18.7pp

Annual return

17.93%

7959.84%-7941.9pp

757.59%-739.7pp

116.89%-99.0pp

Employer contribution / active EE

$2,758

$3,613-23.7%

$4,326-36.2%

$2,428+13.6%

Participant deferral / active EE

$4,874

$4,969-1.9%

$5,817-16.2%

$4,046+20.5%

Admin fee / account holder

$65

$632-89.7%

$15,811-99.6%

$626-89.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY6+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$18,984

PRINCIPAL LIFE INSURANCE COMPANY4 years

Filed as: PRINCIPAL SECURITIES INC

Service code 49 · EIN 42-0941553

Other Services

$16,647

WILSHIRE ASSOCIATES INCORPORATED6+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

GOLDEN QUEEN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDEN QUEEN 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