BHP Minerals Service 401(k) match, vesting and fees
What BHP Minerals Service's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Ham, Langston & Brezina, L.L.P. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 356 defined-contribution plans in mining, quarrying, and oil and gas extraction with 100 to 499 participants.
| BHP Minerals Service: employer contribution per participant | $20,076 | |
| Peer median | $3,000 |
| BHP Minerals Service: average balance | $367,311 | |
| Peer median | $70,698 |
| BHP Minerals Service: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $82.3M at the end of plan year 2022 to $108M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 296 | $108M | $5.9M | $20,076 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 282 | $94.4M | $5.5M | $19,956 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 268 | $82.3M | $4.2M | $16,204 | 0.12% | Not published | Form 5500 ↗ |
Common questions
Does BHP Minerals Service match 401(k) contributions?
The match terms for the Bhp Minerals USA Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $5.9M in employer contributions, about $20,076 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the BHP Minerals Service 401(k) match vested?
The vesting schedule for the Bhp Minerals USA Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the BHP Minerals Service 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Bhp Minerals Service Company.
I left BHP Minerals Service. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bhp Minerals Service Company, (520) 719-4160) or the recordkeeper, The Vanguard Group, Inc.. The BHP Minerals Service old 401(k) page lists the contacts from every plan filing. Find an old BHP Minerals Service 401(k)
Data from the public Form 5500 annual reports BHP Minerals Service filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with BHP Minerals Service. Not financial advice. Report a correction · Methodology