# Ideal Steel, INC. 401(k) Plan
Source: https://planprovider.pro/companies/ideal-steel-inc-401k-plan

> Ideal Steel, INC.'s 401(k) plan: 227 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/sapient-private-wealth-management-llc) — ADVISOR

- [KERNUTT STOKES](https://planprovider.pro/provider/kernutt-stokes-llp) — 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|—|—|—|—|

## Similar Plans

- [Farwest Steel Corporation](https://planprovider.pro/companies/farwest-steel-corporation-401k-plan) — 648 participants

- [Schnitzer Steel Industries, INC.](https://planprovider.pro/companies/schnitzer-steel-industries-inc-401k-plan-010) — 2,439 participants

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