Plan Ledger DOL Form 5500 · updated monthly

Commercial Metals Company401(k)

COMMERCIAL METALS COMPANIES RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Commercial Metals Company reported $816,107 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $4,965 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 0.09% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 80th-largest of 5,688 plans among Texas employers on file, and the 231st of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,464,431,164
Participants with balances10,583
Active participants8,704
Employer contributions$43,217,639
Employee contributions$60,107,199
Employer contribution per active participant$4,965
Average account balance$138,376
Benefits paid to participants$161,100,019
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 10,583 accts · $43.2M emplr
2023$1.4B · 10,708 accts · $42.4M emplr
2022$1.2B · 10,324 accts · $40.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$690,287
Audit (IQPA)$36,586
Total administrative$816,107
The Commercial Metals Company 401(k) match · 2024
Employer contribution per active participant$4,965
Median for plans this size$5,259
2024$4,965 per active participant
2023$4,911 per active participant
2022$4,890 per active participant

Commercial Metals Company's 2024 employer contribution ran below the $5,259 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 · 20244
MILLIMAN, INC. · Recordkeeping · Pension consulting$185,893
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$495,107
CAPFINANCIAL PARTNERS LLC · Consulting$98,000
WEAVER AND TIDWELL LLP · Accounting / audit$36,586

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$816,107 · 0.06%
2023$1,116,755 · 0.09%
2022$958,189 · 0.09%
Same employer
Similar plansManufacturing · Texas
Keurig Dr Pepper Inc. TX$1.9B · 0.07%
Nov Inc. TX$1.6B · 0.07%
Ineos USA, LLC. TX$1.4B · 0.02%
Fmc Technologies, Inc. TX$1.4B · 0.06%
Flowserve Corporation TX$1.2B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750725338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.