Hecla Mining Co/Lucky Friday Hourly Savings Plan — Form 5500 plan (Hecla - Lucky Friday Mine Hourly Savings Plan)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Hecla Mining Co/Lucky Friday Hourly Savings Plan is a benefit plan reported by Hecla - Lucky Friday Mine Hourly Savings Plan under EIN 82-0126240 and plan number 005. The latest loaded filing year is 2023. The filing reports 533 participants and $18,274,905 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$18.3MPlan net assets, end of year$18,274,905
Participants533Covered participants reported
Assets / participant$34.3KComputed: assets ÷ participants$34,287 (computed)
Provider compensation$7.2K1 Schedule C provider row(s)$7,180
Plan sponsor
Hecla - Lucky Friday Mine Hourly Savings Plan
EIN
82-0126240
Plan number
005
Plan type
2
Location
Mullan, ID
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023533H, C20241015142202NAL0049875696001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$18.3M total assets
Net assets$18.3MLiabilities$0
Money in vs. money out
Total income / additions$5.5M
Total expenses$990.3K
Benefits paid / distributions$973K
Contributions
Employer$1.3M
Participant$1.7M
Full reported line items

Net assets

Total assets (EOY)
$18,274,905
Total liabilities (EOY)
$0
Net assets (EOY)
$18,274,905
Net assets (BOY)
$13,735,068

Income & contributions

Employer contributions
$1,299,829
Participant contributions
$1,725,725
Total contributions
$3,188,933
Total income / additions
$5,530,140

Expenses & distributions

Benefits paid
$973,027
Administrative expenses
$7,180
Total expenses
$990,303
Net increase / (decrease)
$4,539,837
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 43%Participant 57%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe Price Rps, Inc.RECORD KEEPER$7,180$02023

Related Form 5500 pages