Plan Snapshot
- Plan Sponsor: Specialty Steel Treating, INC.
- Sponsor EIN: 381513385
- Sponsor Address: 34501 COMMERCE ROAD, FRASER, MI, 48026
- Plan Type: 401(k)
- Total Participants: 201
- Total Assets: $22.4M
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 | 201 | $22.4M | $179,790 | $1.0M |
| 2023 | 194 | $20.5M | $168,177 | $943,792 |
| 2022 | 193 | $18.1M | $161,521 | $941,436 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES AND ASSOCIATES, INC. | CONSULTANT | $66,295 | — | $66,295 |
| FENNER, MELSTROM & DOOLING, PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES AND ASSOCIATES, INC. — CONSULTANT
- FENNER, MELSTROM & DOOLING, PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,295
- Estimated Expense Ratio: 0.296% 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 | $70,995 | $66,295 | — | — | — |
| 2023 | $61,498 | — | — | $56,498 | — |
| 2022 | $13,215 | — | — | — | — |