# Steel Technologies LLC 401(k) Plan
Source: https://planprovider.pro/companies/steel-technologies-llc-401k-plan

> Steel Technologies LLC's 401(k) plan: 1,867 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Steel Technologies LLC

- **Sponsor EIN:** 610712014

- **Sponsor Address:** 700 N. HURSTBOURNE PARKWAY SUITE400, LOUISVILLE, KY, 40222

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

- **Total Participants:** 1,867

- **Total Assets:** $190.6M

## 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|1,867|$190.6M|$4.3M|$7.9M|

| 2023|1,608|$148.9M|$3.5M|$6.5M|

| 2022|1,547|$133.3M|$3.6M|$6.6M|

## 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 ADVISORY GROUP, LLC|NONE|$129,693|—|$129,693|

| EMPOWER ANNUITY INSURANCE COMPANY|NONE|$122,586|—|$122,586|

| BERGANKDV LTD|NONE|$15,500|—|$15,500|

| CHERRY BEKAERT LLP|NONE|$13,561|—|$13,561|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $281,340

- **Estimated Expense Ratio:** 0.148% 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|$283,943|$145,193|—|$13,561|—|

| 2023|$133,762|$118,392|—|$12,500|—|

| 2022|$141,253|$128,403|—|—|$12,850|

## Similar Plans

- [North American Stainless](https://planprovider.pro/companies/north-american-stainless-401k-plan) — 1,651 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/steel-technologies-llc-401k-plan)

© 2026 PlanProvider.Pro