Warrior Met Coal Mining, LLC. 401(k) Review & Grade
Warrior Met Coal Mining, LLC Mine Site Hourly 401(k) Plan
Brookwood, ALMining, Oil & Gas730 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,534Employer $ per active participant
$4,475Employee $ saved per active participant
0.59%Direct admin cost, % of plan assets
$12.0MNet plan assets, end of year
$14,191Average balance per account
Score breakdown
- Employer generosity26.2 / 5052th percentile for employer $ per participant
- Low cost4.6 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 18th |
| Employee saving | 22th |
| Peers that auto-enroll | 60% |
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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
- Warrior Met Coal Mining put in about $4,534 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.
- Direct plan expenses (0.59% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $3,311,859 |
| Participant (employee) contributions | $3,268,688 |
| Other contributions (incl. rollovers in) | $192,758 |
| Administrative expenses paid from the plan | $59,184 |
| Contract administrator fees | $59,184 |
| Benefits paid out | $2,888,822 |
| Net assets, start / end of year | $8.2M / $12.0M |
| Active participants, start / end of year | 665 / 796 |
| Participants with account balances | 847 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Coker and Company LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $59,183 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015132000NAL0002355059001, received 2025-10-15, EIN 81-0764922, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.