WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Contribution & Employer Match

How WESTMORELAND MINING LLC Supports Your Retirement Savings

WESTMORELAND MINING LLC provides retirement savings benefits through WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN is $138,190.00

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN is $4,182.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
267,681.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,182.00 in WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN, assuming a 10%* annual return.

*Data from public filings (2024) 833555130-001

Employer Match in WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN

An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Total Employer Contribution and Match Rate

In 2024, WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN allocates $1,791,814.00 to match its employees’ contributions, providing an employer match rate of 67.31% of their contributions

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Estimated Average Employer Match

In 2024, the estimated average employer match for an employee in WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN is approximately $3,287.00
Investing in this additonal $3,287.00 for 20 years would give you extra $210,414.00, assuming a 10% annual return.

*Data from public filings (2024) 833555130-001

Are You Leaving Dollars on the Table?

If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.

Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Contribution & Match Policy

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Plan Policies

WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN Contribution, Match and Other Plan Policies

  • Participants may elect to have the Employer deduct a whole percentage between 1% and 75% of their eligible compensation as deferral contributions.
  • The participant’s maximum pre-tax contribution is limited by the Internal Revenue Code (IRC) to $23,000 in calendar year December 31, 2024.
  • Catch-up contributions are permitted for those eligible employees over the age of 50 years and are limited to $7,500 in calendar year December 31, 2024.
  • Unless otherwise elected, each eligible employee who becomes a participant after the effective date will be deemed to have elected to make deferral contribution equal to 6% of his or her eligible compensation.
  • The Company will match all nonunion participants’ contributions 100% up to a maximum of 5% of their eligible compensation.
  • For Beulah Union Workers, the Company will not make matching contribution.
  • For Savage Union Workers, the Company matches all Savage Union Workers’ contributions 100% up to a maximum of 4% of their eligible compensation.
  • For San Juan Union Workers, the Company matches the San Juan Union employees’ contributions 75% for each dollar contributed up to a maximum of 6% of their eligible compensation.
  • In addition to the Company match, the San Juan Union employees receive a special employer contribution based on the following designations: Surface $3,500, pro-rated bi-weekly; Underground $3,000, pro-rated bi-weekly.
  • Vesting of the Company’s matching contribution for participants is based on years of continuous service.
  • A participant is 50% vested after one year and 100% vested after two years.
  • Vesting of the other employer’s contributions are immediately 100% vested.

2025 IRS 401(k) Contribution Limits

The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:

 20242025
Employee elective deferrals (pretax + Roth)$23,000$23,500
Employee + employer contributions combined$69,000$70,000
Catch-up contributions (age 50+)$7,500$7,500
Enhanced catch-up (ages 60–63, SECURE 2.0)N/A$11,250

The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.

Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.

Get Key Insights for This Plan

Join our community and get data-driven insights about WESTMORELAND MINING EMPLOYEES’ SAVINGS PLAN. See how it compares to peer companies in fees, match generosity, and investment quality as soon as our new ranking reports go live.

Notify Me When Ratings Go Live

Explore More Plan Resources

Plan Login Directory Employer Match Guide Rollover Options Hub

Recent Articles

More Articles

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Get Started

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more …

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


Looking for a (forgotten) 401(k)?

Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …

Keep researching WESTMORELAND MINING EMPLOYEES' SAVINGS PLAN

Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.

Money headlines from this plan

These filing-based headlines surface the numbers most likely to affect a participant decision. Verify current plan documents before acting.

  • Average plan assets per reported participant: $138,190
    Based on the 2024 public filing. This is a plan-wide average, not a personal retirement target. Calculate a personal retirement target.
  • Employer contributions per reported participant: $3,288
    Based on the 2024 public filing. This reported average can include match, profit sharing, or other employer contributions. Review the match and contribution details.
  • Employee contributions per reported participant: $4,885
    Based on the 2024 public filing. Individual contribution rates vary with pay, eligibility, and participation. Model a contribution increase.
  • Reported administrative expenses as a share of assets: 0.18%
    Based on the 2024 public filing. This plan-level administrative ratio does not replace current fund expense ratios or participant fee disclosures. Estimate the long-term impact of fees.

401(k) research guides

Related Calculators

Related Plans