Plan Snapshot
- Plan Sponsor: Nucor Yamato Steel Company
- Sponsor EIN: 710645150
- Sponsor Address: PO BOX 1128, BLYTHEVILLE, AR, 72316
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,053
- Total Assets: $1.7M
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 | 1,053 | $1.7M | $14.3M | $4.5M |
| 2023 | 1,049 | $2.5M | $17.4M | $5.0M |
| 2022 | 1,040 | $1.5M | $11.8M | $4.9M |
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 |
|---|---|---|---|---|
| BLUE ADVANTAGE ADMINISTRATORS OF AR | Recordkeeper | $793,951 | — | $793,951 |
| INSPIRA FINANCIAL | Recordkeeper | $12,071 | — | $12,071 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $806,022
- Estimated Expense Ratio: 47.357% 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 | $829,502 | — | $829,502 | — | — |
| 2023 | $806,081 | — | $806,081 | — | — |
| 2022 | $751,271 | — | — | — | $751,271 |