Plan Snapshot
- Plan Sponsor: Oklahoma Steel & Wire Company, INC.
- Sponsor EIN: 731055422
- Sponsor Address: HIGHWAY 70 SOUTH, MADILL, OK, 73446
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 595
- Total Assets: $21.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 595 | $21.3M | $173,420 | $901,448 |
| 2023 | 333 | $18.2M | $160,788 | $873,707 |
| 2022 | 559 | $15.9M | $148,102 | $786,035 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $26,307 | — | $26,307 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,307
- Estimated Expense Ratio: 0.124% 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 | $27,385 | $1,078 | — | — | — |
| 2023 | $23,535 | $99 | — | — | — |
| 2022 | $25,134 | $11,593 | $13,541 | — | — |