Retirement plan

AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. SAVINGS AND SECURITY PLAN

Name: AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. - AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. SAVINGS AND SECURITY PLAN (2024) Form 5500
Creator: AMERICAN CONSOLIDATED NATURAL RESOURCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. SAVINGS AND SECURITY PLAN, AMERICAN CONSOLIDATED NATURAL RESOURCES, INC.

AMERICAN CONSOLIDATED NATURAL RESOURCES, INC.EIN 85-1621594Plan #001PY 2024

46226 NATIONAL ROAD - ST. CLAIRSVILLE, OH 43950740-338-3100acnrinc.comLinkedIn1001-5000 employeesmining & metals

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$266.8M

+4.3% from 2023

Total participants

1,785

-23.9% from 2023

Average account balance

$161,607

+29.7% from 2023

Annual return

8.21%

-8.86 pp from 2023

Benchmarks

See 67 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants1,000-4,999

Cohort67 peers

Snapshot2024

See peer percentile detail. $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.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$266.81M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

1,651

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+8.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$325

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 5-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.

Start for $4.99 See plans

Service providers

Top 8 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Account ma...	$298,726
CASTLEVIEW PARTNERS LLC4 years Service code 33 · EIN 47-4596387	Securities brokerage commissions and ...	$84,985
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 15 · EIN 31-1582098	Recordkeeping	$73,083
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 27 · EIN 81-3968784	Advisory (Plan)	$60,752
DYNAMIC WEALTH ADVISORS4 years Service code 33 · EIN 26-3945512	Securities brokerage; Securities brok...	$17,459
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$486
SUMMIT GLOBAL INVESTMENTS LLC3 years Service code 33 · EIN 27-3616371	Securities brokerage commissions and ...	$429
NATIONAL FINANCIAL SERVICES5+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D2R2T3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$537K

$382 / participant

Recordkeeping$299K55.6%
Investment mgmt$238K44.4%

% of EOY assets

0.201%

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

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$161,607

$139,767+15.6%

$153,485+5.3%

$199,593-19.0%

Participation rate

90.5%

85.1%+5.4pp

77.1%+13.4pp

72.0%+18.5pp

Annual return

8.21%

20.59%-12.4pp

15.65%-7.4pp

34.25%-26.0pp

Employer contribution / active EE

$7,472

$6,517+14.7%

$5,039+48.3%

$3,034+146.3%

Participant deferral / active EE

$10,520

$8,055+30.6%

$6,757+55.7%

$5,087+106.8%

Admin fee / account holder

$325

$98+232.4%

$12,724-97.4%

$269+21.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Account ma...

$298,726

CASTLEVIEW PARTNERS LLC4 years

Service code 33 · EIN 47-4596387

Securities brokerage commissions and ...

$84,985

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 15 · EIN 31-1582098

Recordkeeping

$73,083

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ INVESTMENT ADVISORY SERVICES

Service code 27 · EIN 81-3968784

Advisory (Plan)

$60,752

DYNAMIC WEALTH ADVISORS4 years

Service code 33 · EIN 26-3945512

Securities brokerage; Securities brok...

$17,459

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$486

SUMMIT GLOBAL INVESTMENTS LLC3 years

Service code 33 · EIN 27-3616371

Securities brokerage commissions and ...

$429

NATIONAL FINANCIAL SERVICES5+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. SAVINGS AND SECURITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN CONSOLIDATED NATURAL RESOURCES, INC. SAVINGS AND SECURITY 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