Plan Snapshot
- Plan Sponsor: American Iron & Steel Company
- Sponsor EIN: 410662574
- Sponsor Address: NORTHERN METAL RECYCLING, BECKER, MN, 55308
- Plan Type: DB
- Total Participants: 14
- Total Assets: $3.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 14 | $3.0M | $246,500 | $0 |
| 2023 | 16 | $2.9M | $234,745 | $0 |
| 2022 | 18 | $2.9M | $177,938 | $0 |
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 |
|---|---|---|---|---|
| WSDD CPAS, LTD. | Auditor | $7,745 | — | $7,745 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WSDD CPAS, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,745
- Estimated Expense Ratio: 0.254% 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 | $71,048 | — | — | $7,745 | — |
| 2023 | $81,555 | — | — | $7,450 | — |
| 2022 | $101,575 | — | — | — | $10,415 |