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Company:
Mach Mining, LLC
Plan:
Mach Mining 401k Plan
 

Mach Mining, LLC

79 Plan: Mach Mining 401k Plan

 
 
79
38
91
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For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
[How is this calculated?]
9 additional years of work
Up to $60,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Mach Mining 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Salary Deferral. Mach Mining 401k Plan currently has over 100 active participants and over $7.5M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 300
Johnston City, IL 62951 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator David Jude
Net Plan Assets $7,520,000
Total Participants 190
Avg Account Balance $39,000

 Compare Other Companies in Peer Group

Cliffs Natural Resources 83.0
Patriot Coal 82.0
Kinross Gold U.S.A. 80.4
Drummond Company 77.3
Cliffs Natural Resources 74.9
Murray Energy 73.1

 Top 3 Funds in this 401k

1. Huntington Situs 10%
2. American Funds Growth Fund of America 9%
3. American Funds Capital World Growth and Income 7%

  Plan Service Providers

Corporate Trustee Huntington National Bank
Recordkeeper Huntington National Bank
Auditor Ernst & Young

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