Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

The Sabine Mining Company Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by The Sabine Mining Company ยท Texas ยท Mining & Oil Extraction

What the 2023 filing shows

The Sabine Mining Company Pension Plan holds $36M for 17 participants - about $2.1M per participant, down 5.0% over the 2024 plan year.

$36M
total plan assets (2024 EOY)
17
covered participants
$2.1M
avg assets per participant
-5.0%
assets change YoY

The plan reported a net loss of $2M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$36M
Participants
17
State
Industry
Mining & Oil Extraction

What the Filing Says About The Sabine Mining Company Pension Plan

The Sabine Mining Company Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by The Sabine Mining Company, headquartered in Texas. As of the 2024 Form 5500 filing, the plan reports $36M in total end-of-year assets and covers 17 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 311005293, and the plan has been effective since 2014-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $38M at the beginning of 2024 to $36M at year-end โ€” a decline of 5.0%. Net assets (after liabilities) closed the year at $36M, with reported net income of $-1,866,582 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$38M
Total Assets (End of Year)$36M
Net Assets (End of Year)$36M
Net Income$-1,866,582
Plan TypeDefined Benefit (Pension)
Employer EIN311005293
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Sabine Mining Company)

Year Plans Participants Total Assets
2022 1 24 $35M
2023 1 21 $38M
2024 1 17 $36M

Nearby Defined Benefit (Pension) Plans in Texas

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Frequently Asked Questions

How much money is in the The Sabine Mining Company Pension Plan?
As of the 2024 Form 5500 filing, The Sabine Mining Company Pension Plan holds $36M in total assets with 17 participants. It is sponsored by The Sabine Mining Company.
What type of plan is The Sabine Mining Company Pension Plan?
The Sabine Mining Company Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 2014-01-01. The plan is filed with the U.S. Department of Labor under EIN 311005293.
Who sponsors the The Sabine Mining Company Pension Plan?
The Sabine Mining Company Pension Plan is sponsored by The Sabine Mining Company, located in Texas. The sponsor's EIN is 311005293 and the plan operates in the Mining & Oil Extraction industry.
How did The Sabine Mining Company Pension Plan perform in 2024?
The Sabine Mining Company Pension Plan declined by 5.0% during 2024, moving from $38M to $36M in total assets. Net income was $-1,866,582.
Where can I find official filings for The Sabine Mining Company Pension Plan?
Official Form 5500 filings for The Sabine Mining Company Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 311005293 or plan name at efast.dol.gov.
How does The Sabine Mining Company Pension Plan compare to other plans?
You can compare The Sabine Mining Company Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 311005293.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.