# Peerless Steel Company 401(k) Plan
Source: https://planprovider.pro/companies/peerless-steel-company-401k-plan

> Peerless Steel Company&#39;s 401(k) plan: 142 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Peerless Steel Company

- **Sponsor EIN:** 381573882

- **Sponsor Address:** 2450 AUSTIN, TROY, MI, 48083

- **Plan Type:** 401(k)

- **Total Participants:** 142

- **Total Assets:** $9.4M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|142|$9.4M|$75,926|$472,036|

| 2023|161|$9.4M|$163,357|$535,851|

| 2022|166|$8.6M|$237,227|$624,152|

## 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|

| PLANTE & MORAN PLLC|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|$63,531|$47,785|—|—|—|

| 2023|$62,205|$17,948|—|$20,887|—|

| 2022|$69,977|$46,379|$13,598|—|$10,000|

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