Plan Snapshot
- Plan Sponsor: Maysteel Industries, LLC
- Sponsor EIN: 800961411
- Sponsor Address: 6199 COUNTY ROAD W, ALLENTON, WI, 53002
- Plan Type: 401(k)
- Total Participants: 523
- Total Assets: $29.4M
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 | 523 | $29.4M | $594,345 | $1.8M |
| 2023 | 435 | $27.4M | $620,254 | $1.8M |
| 2022 | 626 | $26.1M | $635,923 | $1.9M |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES INC | SERVICE PROVIDER | — | $59,346 | $59,346 |
| NOVA 401(K) ASSOCIATES | THIRD PARTY ADMINISTRATOR | — | $13,665 | $13,665 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES INC — SERVICE PROVIDER
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,011
- Estimated Expense Ratio: 0.248% 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 | $31,879 | $4,029 | $25,400 | — | — |
| 2023 | $45,560 | $45,560 | — | — | — |
| 2022 | $47,576 | $47,576 | — | — | — |