Plan Snapshot
- Plan Sponsor: Marubeni-Itochu Steel America
- Sponsor EIN: 134185896
- Sponsor Address: 90 PARK AVENUE, 6TH FLOOR, NEW YORK, NY, 10016
- Plan Type: 401(k)
- Total Participants: 2,428
- Total Assets: $278.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,428 | $278.3M | $8.2M | $15.8M |
| 2023 | 2,383 | $246.0M | $7.9M | $15.1M |
| 2022 | 2,231 | $197.3M | $7.1M | $13.5M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $374,455 | $91,125 | — | — | — |
| 2023 | $308,837 | $75,099 | — | — | — |
| 2022 | $389,399 | — | — | — | — |