Retirement plan

CRIMSON OAK GROVE RESOURCES, LLC HOURLY SAVINGS PLAN

Name: CRIMSON OAK GROVE RESOURCES, LLC - CRIMSON OAK GROVE RESOURCES, LLC HOURLY SAVINGS PLAN (2024) Form 5500
Creator: CRIMSON OAK GROVE RESOURCES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRIMSON OAK GROVE RESOURCES, LLC HOURLY SAVINGS PLAN, CRIMSON OAK GROVE RESOURCES, LLC

CRIMSON OAK GROVE RESOURCES, LLCEIN 85-1222574Plan #001PY 2024

153 HIGHWAY 7 SOUTH - POWHATAN POINT, OH 43942740-338-3100

Other plans on this EIN

1 filing

#002Retirement-$11.3M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$12.7M

+13.9% from 2023

Total participants

431

-9.1% from 2023

Average account balance

$29,434

+25.2% from 2023

Annual return

12.66%

-6.36 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

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.69M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

431

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.74M

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

+12.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 12 · EIN 13-3689044	Sales loads (front end and deferred);...	$29,453
CBIZ RETIREMENT PLAN SERVICES2 years Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 27 · EIN 81-3968784	Advisory (Plan)	$18,480
NATIONAL FINANCIAL SERVICES5+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2T3D3H

Plan features

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

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

$48K

$126 / participant

Recordkeeping$29K61.4%
Investment mgmt$18K38.6%

% of EOY assets

0.378%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CIUNI & PANICHI, INC
Auditor EIN: 341322309
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,434

$96,486-69.5%

$153,500-80.8%

$77,714-62.1%

Participation rate

100.0%

81.6%+18.4pp

77.1%+22.9pp

70.6%+29.4pp

Annual return

12.66%

14.44%-1.8pp

15.70%-3.0pp

31.26%-18.6pp

Employer contribution / active EE

$8,248

$5,224+57.9%

$5,039+63.7%

$2,727+202.5%

Participant deferral / active EE

$4,194

$6,609-36.5%

$6,756-37.9%

$4,649-9.8%

Admin fee / account holder

$111

$182-39.1%

$12,736-99.1%

$433-74.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 12 · EIN 13-3689044

Sales loads (front end and deferred);...

$29,453

CBIZ RETIREMENT PLAN SERVICES2 years

Filed as: CBIZ INVESTMENT ADVISORY SERVICES

Service code 27 · EIN 81-3968784

Advisory (Plan)

$18,480

NATIONAL FINANCIAL SERVICES5+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

CRIMSON OAK GROVE RESOURCES, LLC HOURLY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRIMSON OAK GROVE RESOURCES, LLC HOURLY 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