Plan Ledger DOL Form 5500 · updated monthly

American Steel and Aluminum LLC401(k)

AMERICAN STEEL AND ALUMINUM LLC EMPLOYEES' DEFERRED COMPENSATION PLAN · AUBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

American Steel and Aluminum LLC reported $45,968 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,031 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (1,514th of 2,726), and 2,274th of 4,246 in wholesale trade. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 283 to 409 since 2022.

Plan summary
Net assets, end of year$15,908,583
Participants with balances454
Active participants409
Employer contributions$830,510
Employee contributions$1,472,302
Employer contribution per active participant$2,031
Average account balance$35,041
Benefits paid to participants$1,511,058
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 454 accts · $831K emplr
2023$13.0M · 370 accts · $663K emplr
2022$9.6M · 235 accts · $417K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,450
Investment management$26,368
Total administrative$45,968
The American Steel and Aluminum LLC 401(k) match · 2024
Employer contribution per active participant$2,031
Median for plans this size$2,416
2024$2,031 per active participant
2023$1,624 per active participant
2022$1,475 per active participant

American Steel and Aluminum LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
DAY SECKLER LLP$24,269
MMA SECURITIESindirect comp
ANGELL PENSION GROUP · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$45,968 · 0.32%
2023$22,124 · 0.20%
2022$30,975 · 0.31%
Same employer
Similar plansWholesale Trade · Massachusetts
Caron Holdings, Inc. MA$17.3M · 0.52%
Brewster Home Fashions, LLC MA$17.0M · 0.02%
Greene Rubber Company Inc MA$16.8M · 0.36%
Supply New England, Inc. MA$14.2M · 0.20%
Greenlight Biosciences Inc MA$14.1M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271256627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.