Plan Snapshot
- Plan Sponsor: Classic Coal Sales, INC.
- Sponsor EIN: 311219500
- Sponsor Address: 356 SOUTH COLLEGE AVENUE, BLUEFIELD, VA, 24605
- Plan Type: 401(k)
- Total Participants: 219
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 219 | $8.8M | $534,568 | $554,743 |
| 2023 | 174 | $8.1M | $383,015 | $436,292 |
| 2022 | 163 | $7.6M | $382,848 | $427,638 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BENEFIT PLANS ADMIN SERVICES | N/A | $31,349 | — | $31,349 |
| BROWN EDWARDS AND COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES — N/A
- BROWN EDWARDS AND COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,349
- Estimated Expense Ratio: 0.357% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $31,349 | $14,585 | $16,764 | — | — |
| 2023 | $23,599 | $9,962 | $13,637 | — | — |
| 2022 | $20,955 | $7,743 | $13,212 | — | — |