Plan Snapshot
- Plan Sponsor: Jersey Shore Steel Company, INC.
- Sponsor EIN: 240622582
- Sponsor Address: P. O. BOX 5055, JERSEY SHORE, PA, 17740
- Plan Type: DB
- Total Participants: 19
- Total Assets: $40.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 19 | $40.7M | $0 | $0 |
| 2023 | 21 | $39.0M | $0 | $0 |
| 2022 | 35 | $35.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| BROWN BROTHERS HARRIMAN | Investment Advisor | $122,345 | — | $122,345 |
| MERRILL LYNCH PIERCE FENNER AND SMI | Investment Advisor | $75,615 | — | $75,615 |
| BANK OF AMERICA | Custodian / Trustee | $16,696 | — | $16,696 |
| SECURITY ADMINISTRATORS, INC. | Actuary | $14,750 | — | $14,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,406
- Estimated Expense Ratio: 0.564% 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 | $232,383 | — | — | — | — |
| 2023 | $190,793 | — | — | — | — |
| 2022 | $213,973 | — | — | — | $213,973 |