Plan Snapshot
- Plan Sponsor: Universal Steel America, INC.
- Sponsor EIN: 760663332
- Sponsor Address: 1230 RICHEY ROAD, HOUSTON, TX, 77073
- Plan Type: 401(k)
- Total Participants: 86
- Total Assets: $3.8M
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 | 86 | $3.8M | $143,034 | $229,239 |
| 2023 | 116 | $3.5M | $146,684 | $233,997 |
| 2022 | 110 | $3.0M | $138,305 | $224,035 |
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 |
|---|---|---|---|---|
| CALVETTI FERGUSON | 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 | $601,095 | — | $38,248 | — | — |
| 2023 | $361,590 | — | $28,747 | — | — |
| 2022 | $28,553 | $1,357 | — | — | — |