Plan Snapshot
- Plan Sponsor: Nucor Corporation
- Sponsor EIN: 131860817
- Sponsor Address: 1915 REXFORD ROAD, CHARLOTTE, NC, 28211
- Plan Type: DC
- Total Participants: 29,566
- Total Assets: $9.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 29,566 | $9.3B | $231.7M | $250.6M |
| 2023 | 27,070 | $8.5B | $474.6M | $231.0M |
| 2022 | 24,174 | $6.9B | $721.3M | $203.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $79,396 | — | $79,396 |
| GREER WALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GREER WALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,396
- Estimated Expense Ratio: 0.001% 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 | $73,448 | — | $68,700 | — | — |
| 2023 | $247,140 | — | $48,000 | $15,600 | — |
| 2022 | $395,899 | — | — | — | — |