Plan Snapshot
- Plan Sponsor: American Steel And Aluminum LLC
- Sponsor EIN: 271256627
- Sponsor Address: 27 ELM STREET, AUBURN, MA, 01501
- Plan Type: 401(k)
- Total Participants: 409
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 409 | $15.9M | $830,510 | $1.5M |
| 2023 | 408 | $13.0M | $662,543 | $1.2M |
| 2022 | 283 | $9.6M | $417,292 | $850,332 |
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 |
|---|---|---|---|---|
| MMA SECURITIES | Investment Advisor | — | $33,213 | $33,213 |
| DAY SECKLER LLP | Other Service Provider | $24,269 | — | $24,269 |
| ANGELL PENSION GROUP | Recordkeeper | — | $6,837 | $6,837 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,319
- Estimated Expense Ratio: 0.404% 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 | $45,968 | $26,368 | $17,450 | — | — |
| 2023 | $22,124 | $755 | $6,000 | — | — |
| 2022 | $30,975 | — | — | — | — |