Plan Snapshot
- Plan Sponsor: Benjamin Steel Company
- Sponsor EIN: 310853024
- Sponsor Address: 777 BENJAMIN DR., SPRINGFIELD, OH, 45502
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $22.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 206 | $22.5M | $305,151 | $853,016 |
| 2023 | 216 | $20.6M | $317,383 | $865,074 |
| 2022 | 204 | $18.0M | $269,811 | $815,402 |
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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $9,441 | — | $6,701 | — | — |
| 2023 | $4,972 | — | $300 | — | — |
| 2022 | $3,456 | — | — | — | — |