Plan Ledger DOL Form 5500 · updated monthly

Arcelormittal Tailored Blanks Americas Corporation401(k)

ARCELORMITTAL TAILORED BLANKS 401(K) PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Arcelormittal Tailored Blanks Americas Corporation reported $30,646 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $3,256 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 2 years on file its reported administrative ratio fell from 0.43% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,546th of 2,619), and 8,812th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,930,606
Participants with balances213
Active participants200
Employer contributions$651,138
Employee contributions$1,131,545
Employer contribution per active participant$3,256
Average account balance$46,623
Benefits paid to participants$669,178
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 213 accts · $651K emplr
2023$7.3M · 201 accts · $547K emplr
2022$5.5M · 188 accts · $420K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,055
Investment management$11,591
Total administrative$30,646
The Arcelormittal Tailored Blanks Americas Corporation 401(k) match · 2024
Employer contribution per active participant$3,256
Median for plans this size$1,313
2024$3,256 per active participant
2023$2,865 per active participant
2022$2,258 per active participant

Arcelormittal Tailored Blanks Americas Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,055
GREGORY J SCHWARTZ & CO INC · Investment advisory (plan)$11,591

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$30,646 · 0.35%
2023$24,688 · 0.39%
2022$25,686 · 0.43%
Same employer
Similar plansManufacturing · Michigan
Delfingen US, Inc. MI$10.1M · 0.42%
R.L. Adams Plastics, Inc. MI$9.9M · 0.56%
E. W. Grobbel Sons,Inc. MI$9.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311524124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.