Retirement plan

KNIGHT HAWK COAL, LLC 401(K) P/S PLAN AND TRUST

Name: KNIGHT HAWK COAL, LLC - KNIGHT HAWK COAL, LLC 401(K) P/S PLAN AND TRUST (2015) Form 5500
Creator: KNIGHT HAWK COAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KNIGHT HAWK COAL, LLC 401(K) P/S PLAN AND TRUST, KNIGHT HAWK COAL, LLC

KNIGHT HAWK COAL, LLCEIN 54-1858790Plan #001PY 2015

500 CUTLER - TRICO RD. - PERCY, IL 62272618-426-3323knighthawkcoal.comLinkedIn201-500 employeesmining & metals

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$67.5M

No prior year

Total participants

397

No prior year

Average account balance

$170,363

No prior year

Annual return

-0.34%

No prior year

Benchmarks

See 201 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants250-999

Cohort201 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$107.18M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

420

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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 2 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081	Recordkeeping	$24,008
CBIZ RETIREMENT PLAN SERVICES1+ years Filed as: CBIZ RETIREMENT SOLUTIONS Service code 22 6050 OAK TREE BLVD - SUITE 500 · CLEVELAND, OH 44131	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$67 / participant

Contract admin$24K100.0%

% of EOY assets

0.036%

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: MUELLER PROST PC
Auditor EIN: 431594752
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$170,363

$65,263+161.0%

$90,223+88.8%

$55,191+208.7%

Participation rate

99.7%

79.0%+20.7pp

69.2%+30.6pp

Annual return

-0.34%

2.81%-3.2pp

1.31%-1.7pp

10.78%-11.1pp

Employer contribution / active EE

$15,675

$4,153+277.5%

$4,378+258.0%

$1,899+725.6%

Participant deferral / active EE

$6,349

$5,564+14.1%

$5,792+9.6%

$3,046+108.4%

Admin fee / account holder

$61

$116-47.8%

$7,406-99.2%

$91-33.2%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.1+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$24,008

CBIZ RETIREMENT PLAN SERVICES1+ years

Filed as: CBIZ RETIREMENT SOLUTIONS

Service code 22

6050 OAK TREE BLVD - SUITE 500 · CLEVELAND, OH 44131

Insurance Broker

KNIGHT HAWK COAL, LLC 401(K) P/S PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KNIGHT HAWK COAL, LLC 401(K) P/S PLAN AND TRUST

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