Plan Snapshot
- Plan Sponsor: Ohio Steel Industries
- Sponsor EIN: 314427476
- Sponsor Address: 2575 FERRIS ROAD, COLUMBUS, OH, 432242597
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 172 | $6.9M | $234,668 | $530,885 |
| 2023 | 188 | $6.2M | $208,620 | $578,610 |
| 2022 | 218 | $4.9M | $159,634 | $504,094 |
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 |
|---|---|---|---|---|
| WHALEN CPAS | 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 | $43,353 | $15,373 | — | — | — |
| 2023 | $42,029 | $12,616 | — | — | — |
| 2022 | $37,661 | $10,060 | $27,601 | — | — |