Luck Stone Corporation 401(k) Review & Grade
Luck Stone Corporation 401(k) Plan
Manakin-Sabot, VAMining, Oil & Gas998 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,517Employer $ per active participant
$10,043Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$197.7MNet plan assets, end of year
$169,003Average balance per account
Score breakdown
- Employer generosity29.7 / 5059th percentile for employer $ per participant
- Low cost17.5 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1580th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 70th |
| Employee saving | 80th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
Corrective distributions: the plan refunded $6,628 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Luck Stone put in about $5,517 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,502,886 |
| Participant (employee) contributions | $10,017,599 |
| Other contributions (incl. rollovers in) | $345,823 |
| Administrative expenses paid from the plan | $218,665 |
| Investment advisory & management fees | $116,705 |
| Benefits paid out | $20,295,902 |
| Net assets, start / end of year | $174.5M / $197.7M |
| Active participants, start / end of year | 997 / 998 |
| Participants with account balances | 1,170 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PB Mares LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $141,194 reported compensation |
| Mercer Investment Consulting Inc | $57,033 reported compensation |
| Pbmares LLP | $20,213 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260807100517NAL0004244065001, received 2026-08-07, EIN 54-0630628, plan #002, plan year 2024-11-01 to 2025-10-31. Verify at efast.dol.gov.