Plan Ledger DOL Form 5500 · updated monthly

Bluescope Steel North America Corp401(k)

BLUESCOPE EMPLOYEE SAVINGS TRUST (BEST) · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Bluescope Steel North America Corp reported $349,064 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,884 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 0.07% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 44th-largest of 1,393 plans among Missouri employers on file, and the 448th of 13,661 in manufacturing. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$678,458,951
Participants with balances5,030
Active participants3,924
Employer contributions$27,012,185
Employee contributions$27,798,199
Employer contribution per active participant$6,884
Average account balance$134,882
Benefits paid to participants$73,214,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$678.5M · 5,030 accts · $27.0M emplr
2023$607.9M · 5,013 accts · $25.5M emplr
2022$520.7M · 4,842 accts · $19.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,285
Investment management$165,295
Audit (IQPA)$26,704
Total administrative$349,064
The Bluescope Steel North America Corp 401(k) match · 2024
Employer contribution per active participant$6,884
Median for plans this size$4,294
2024$6,884 per active participant
2023$6,544 per active participant
2022$5,152 per active participant

Bluescope Steel North America Corp's 2024 employer contribution ran above the $4,294 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$146,735
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$90,295
AON HEWITT INVESTMENT CONSULTING, I · Investment management$75,000
CBIZ CPAS P.C. · Accounting / audit$24,005
DENTONS US LLP · Legal$9,780

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$349,064 · 0.05%
2023$434,980 · 0.08%
2022$395,767 · 0.07%
Same employer
Similar plansManufacturing · Missouri
Olin Corporation MO$1.5B · 0.08%
Post Holdings, Inc. MO$1.2B · 0.08%
Meh, Inc. MO$851.2M · 0.03%
Copeland, LP MO$657.7M · 0.08%
Nidec Motor Corporation MO$649.9M · 0.10%
Bunge North America, Inc MO$534.6M · 0.02%
Esco Technologies Inc. MO$508.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232081882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.