Plan Ledger DOL Form 5500 · updated monthly

Arkansas Steel Associates401(k)

ARKANSAS STEEL ASSOCIATES 401(K) PLAN · NEWPORT, AR · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Arkansas Steel Associates reported $28,281 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,438 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 rose from 0.18% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 183rd-largest of 456 plans among Arkansas employers on file, and 7,176th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 226 to 254 since 2022.

Plan summary
Net assets, end of year$14,695,371
Participants with balances267
Active participants254
Employer contributions$365,225
Employee contributions$807,116
Employer contribution per active participant$1,438
Average account balance$55,039
Benefits paid to participants$1,228,860
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 267 accts · $365K emplr
2023$13.3M · 258 accts · $342K emplr
2022$12.6M · 232 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,281
Total administrative$28,281
The Arkansas Steel Associates 401(k) match · 2024
Employer contribution per active participant$1,438
Median for plans this size$2,416
2024$1,438 per active participant
2023$1,380 per active participant
2022$1,358 per active participant

Arkansas Steel Associates'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,281
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$28,281 · 0.20%
2023$23,982 · 0.18%
2022$23,918 · 0.18%
Same employer
Similar plansManufacturing · Arkansas
Welspun Tubular, LLC AR$16.4M · 0.68%
Brunner & Lay, Inc. AR$15.8M · 0.03%
Roach Manufacturing Corp. AR$13.4M · 0.01%
Alliance Rubber Company AR$12.3M · 0.52%
Qp Holdings, LLC AR$11.7M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710682367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.