Plan Snapshot
- Plan Sponsor: Qualico Steel Company, INC.
- Sponsor EIN: 630707385
- Sponsor Address: 7797 EAST STATE HIGHWAY 52, WEBB, AL, 36376
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 186 | $16.3M | $881,084 | $631,917 |
| 2023 | 182 | $13.6M | $849,663 | $584,574 |
| 2022 | 172 | $11.1M | $725,703 | $528,903 |
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 |
|---|---|---|---|---|
| JACKSON THORNTON & CO., PC | 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 | $35,566 | — | $35,566 | — | — |
| 2023 | $8,920 | — | $8,920 | — | — |
| 2022 | $59,089 | $13,833 | $31,326 | — | $13,930 |