SSR Mining Inc. 401(k) Review & Grade
SSR Mining Inc. 401(k) & Savings Plan
Denver, COProfessional, Scientific & Technical Services576 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8,355Employer $ per active participant
$9,207Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$83.9MNet plan assets, end of year
$121,204Average balance per account
Score breakdown
- Employer generosity43.6 / 5087th percentile for employer $ per participant
- Low cost19.9 / 2579th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1551th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 79th |
| Employee saving | 51th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Auditor concern: the independent auditor gave a qualified or adverse opinion.
What to do if you're in this plan
- SSR Mining put in about $8,355 per active participant, more than the typical peer ($3,082). 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 | $4,812,380 |
| Participant (employee) contributions | $5,303,356 |
| Other contributions (incl. rollovers in) | $2,020,865 |
| Administrative expenses paid from the plan | $63,003 |
| Contract administrator fees | $63,003 |
| Benefits paid out | $12,155,881 |
| Net assets, start / end of year | $76.8M / $83.9M |
| Active participants, start / end of year | 577 / 575 |
| Participants with account balances | 692 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kimberlin Company |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $62,978 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002115428NAL0000287379001, received 2025-10-02, EIN 98-0211014, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.