Plan Snapshot
- Plan Sponsor: Ideal Steel, INC.
- Sponsor EIN: 930959968
- Sponsor Address: 90693 LINK ROAD, EUGENE, OR, 97402
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 227 | $7.8M | $172,614 | $445,544 |
| 2023 | 177 | $6.6M | $167,643 | $427,073 |
| 2022 | 173 | $5.5M | $159,646 | $374,531 |
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 |
|---|---|---|---|---|
| SAPIENT PRIVATE WLTH MGMT SERV LLC | ADVISOR | $27,454 | — | $27,454 |
| KERNUTT STOKES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAPIENT PRIVATE WLTH MGMT SERV LLC — ADVISOR
- KERNUTT STOKES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,454
- Estimated Expense Ratio: 0.351% 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 | $28,675 | $27,454 | — | — | — |
| 2023 | $24,310 | $23,154 | — | — | — |
| 2022 | $25,208 | — | — | — | — |