Plan Snapshot
- Plan Sponsor: Jsw Steel Usa INC
- Sponsor EIN: 611539103
- Sponsor Address: 5200 E MCKINNEY RD, BAYTOWN, TX, 77523
- Plan Type: 401(k)
- Total Participants: 477
- Total Assets: $21.9M
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 | 477 | $21.9M | $1.2M | $2.8M |
| 2023 | 450 | $16.9M | $1.1M | $2.4M |
| 2022 | 442 | $13.0M | $1.0M | $2.3M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RECORDKEEPER | $62,098 | — | $62,098 |
| BKS FINANCIAL INVESTMENTS LLC | FINANCIAL ADVISOR | $34,499 | — | $34,499 |
| MELTON & MELTON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- MELTON & MELTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,597
- Estimated Expense Ratio: 0.442% 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 | $126,977 | $34,499 | $63,430 | — | — |
| 2023 | $97,578 | $484 | $72,361 | — | — |
| 2022 | $49,000 | $43 | $35,168 | — | $13,714 |