American Consolidated Natural Resources, Inc. 401(k) Review & Grade
American Consolidated Natural Resources, Inc. Savings and Security Plan
ST. Clairsville, OHMining, Oil & Gas1,662 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,324Employer $ per active participant
$8,903Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$266.8MNet plan assets, end of year
$161,607Average balance per account
Score breakdown
- Employer generosity32.8 / 5066th percentile for employer $ per participant
- Low cost13.4 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving10.1 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 66th |
| Lower admin cost | 53th |
| Employee saving | 67th |
| Peers that auto-enroll | 60% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- American Consolidated Natural Resources put in about $6,324 per active participant, more than the typical peer ($4,357). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $10,513,195 |
| Participant (employee) contributions | $14,801,799 |
| Other contributions (incl. rollovers in) | $998,588 |
| Administrative expenses paid from the plan | $537,068 |
| Investment advisory & management fees | $238,342 |
| Benefits paid out | $35,243,737 |
| Net assets, start / end of year | $255.8M / $266.8M |
| Active participants, start / end of year | 1,918 / 1,407 |
| Participants with account balances | 1,651 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ciuni & Panichi, Inc. |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $298,726 reported compensation |
| Castleview Partners LLC | $84,985 reported compensation |
| Cbiz Benefits & Insurance Services | $73,083 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010103305NAL0004504115001, received 2025-10-10, EIN 85-1621594, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.