Plan Snapshot
- Plan Sponsor: Owen Steel Company INC.
- Sponsor EIN: 522359492
- Sponsor Address: 727 MAUNEY DRIVE, COLUMBIA, SC, 29201
- Plan Type: 401(k)
- Total Participants: 249
- Total Assets: $12.5M
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 | 249 | $12.5M | $281,937 | $815,179 |
| 2023 | 268 | $12.0M | $298,426 | $827,516 |
| 2022 | 249 | $9.9M | $283,919 | $802,091 |
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 |
|---|---|---|---|---|
| BURKETT,BURKETT& BURKETT 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 | $42,566 | $42,566 | — | — | — |
| 2023 | $40,024 | $40,024 | — | — | — |
| 2022 | $36,968 | $36,968 | — | — | — |