Small Mine Development 401(k) match, vesting and fees
What Small Mine Development'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Eide Bailly LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 77 defined-contribution plans in mining, quarrying, and oil and gas extraction with 500 to 999 participants.
| Small Mine Development: employer contribution per participant | $1,112 | |
| Peer median | $3,161 |
| Small Mine Development: average balance | $87,016 | |
| Peer median | $80,254 |
| Small Mine Development: admin expenses ÷ assets | 0.37% | |
| Peer median | 0.18% |
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 $44.2M at the end of plan year 2023 to $46.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 577 | $46.4M | $593K | $1,112 | 0.37% | Not published | Form 5500 ↗ |
| 2023 | 580 | $44.2M | $669K | $1,234 | 0.36% | Not published | Form 5500 ↗ |
Other Small Mine Development plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Small Mine Development Employee Stock Ownership Plan
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.
| Independent auditor | Eide Bailly LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Small Mine Development match 401(k) contributions?
The match terms for the Small Mine Development, LLC 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $593K in employer contributions, about $1,112 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Small Mine Development 401(k) match vested?
The vesting schedule for the Small Mine Development, LLC 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Small Mine Development 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Small Mine Development, LLC.
I left Small Mine Development. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Small Mine Development, LLC, (208) 338-8880) or the recordkeeper, Principal Life Insurance Company. The Small Mine Development old 401(k) page lists the contacts from every plan filing. Find an old Small Mine Development 401(k)
Data from the public Form 5500 annual reports Small Mine Development filed with the U.S. Department of Labor (plan years 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 Small Mine Development. Not financial advice. Report a correction · Methodology