# Ferrous Processing And Trading Company 401(k) Plan
Source: https://planprovider.pro/companies/ferrous-processing-and-trading-company-401k-plan

> Ferrous Processing And Trading Company's 401(k) plan: 568 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ferrous Processing And Trading Company

- **Sponsor EIN:** 381716484

- **Sponsor Address:** 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND, OH, 441142315

- **Plan Type:** 401(k)

- **Total Participants:** 568

- **Total Assets:** $46.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|568|$46.5M|$1.3M|$3.0M|

| 2023|576|$39.7M|$598,070|$3.0M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$10,732|—|$10,732|

| MEADEN & MOORE, LTD.|Auditor|$2,640|—|$2,640|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [MEADEN & MOORE, LTD.](https://planprovider.pro/provider/meaden-and-moore-ltd) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $13,372

- **Estimated Expense Ratio:** 0.029% 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|$16,453|$12,245|—|$2,640|—|

| 2023|$3,846|—|—|—|—|

## Similar Plans

- [Northshore Mining Company](https://planprovider.pro/companies/northshore-mining-company-401k-plan) — 546 participants

- [Hibbing Joint Venture Cliffs Mining Co, Managing Agent](https://planprovider.pro/companies/hibbing-joint-venture-cliffs-mining-co-managing-agent-plan-018) — 532 participants

- [The Cleveland-Cliffs Iron Company](https://planprovider.pro/companies/the-cleveland-cliffs-iron-company-plan) — 685 participants

- [The Cleveland-Cliffs Iron Company](https://planprovider.pro/companies/the-cleveland-cliffs-iron-company-plan-020) — 750 participants

- [Cleveland-Cliffs INC.](https://planprovider.pro/companies/cleveland-cliffs-inc-attn-kurt-j-holland-401k-plan) — 774 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ferrous-processing-and-trading-company-401k-plan)

© 2026 PlanProvider.Pro