Plan Snapshot
- Plan Sponsor: O'Neal Steel, LLC.
- Sponsor EIN: 630196990
- Sponsor Address: P.O. BOX 2623, BIRMINGHAM, AL, 352022523
- Plan Type: DB
- Plan Number: 005
- Total Participants: 300
- Total Assets: $75.6M
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. |
|---|---|---|---|---|
| 2022 | 300 | $75.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $289,234 | — | $289,234 |
| SLC MANAGEMENT | Investment Advisor | $91,790 | — | $91,790 |
| CAPFINANCIAL PARTNERS | Other Service Provider | $48,545 | — | $48,545 |
| O'NEAL INDUSTRIES INC | Auditor | $16,800 | — | $16,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- O'NEAL INDUSTRIES INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $446,369
- Estimated Expense Ratio: 0.590% 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 |
|---|---|---|---|---|---|
| 2022 | $829,289 | $140,335 | $289,234 | — | $16,800 |