Plan Snapshot
- Plan Sponsor: Structural Steel Services, INC.
- Sponsor EIN: 640568108
- Sponsor Address: 6215 ST. LOUIS STREET, MERIDIAN, MS, 39307
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $20.7M
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 | 150 | $20.7M | $378,382 | $865,216 |
| 2023 | 142 | $17.9M | $378,576 | $840,539 |
| 2022 | 143 | $15.1M | $358,886 | $774,264 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | Investment Advisor | — | $41,273 | $41,273 |
| NATIONWIDE | Insurance Carrier | $22,245 | — | $22,245 |
| PENSION FINANCIAL SERVICES, INC. | Recordkeeper | $4,795 | $8,300 | $13,095 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Investment Advisor | $9,737 | — | $9,737 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Investment Advisor
- NATIONWIDE — Insurance Carrier
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,350
- Estimated Expense Ratio: 0.417% 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 | $17,698 | — | $17,698 | — | — |
| 2023 | $60,874 | $7,975 | $37,729 | — | — |
| 2022 | $61,981 | $7,870 | $52,325 | — | $1,786 |