Plan Ledger DOL Form 5500 · updated monthly

J. D. Steel Co., Inc.ESOP

J. D. STEEL CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

J. D. Steel Co., Inc. reported $65,743 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $25,224 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 0.29% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 212th-largest of 1,285 plans among Arizona employers on file, and the 489th of 3,341 in other services.

Plan summary
Net assets, end of year$44,041,718
Participants with balances323
Active participants161
Employer contributions$4,061,112
Employee contributions—
Employer contribution per active participant$25,224
Average account balance$136,352
Benefits paid to participants$2,663,809
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.0M · 323 accts · $4.1M emplr
2023$37.0M · 327 accts · $2.7M emplr
2022$29.9M · 453 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,669
Total administrative$65,743
Employer contributions to the J. D. Steel Co., Inc. plan · 2024
Employer contribution per active participant$25,224
Median for plans this size$2,416
2024$25,224 per active participant
2023$15,341 per active participant
2022$12,048 per active participant

J. D. Steel Co., Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
ASCENSUS · Recordkeeping$15,178
ACROPOLIS INVESTMENT MANAGEMENT · Investment advisory (plan)$21,596
CAMPBELL TAYLOR WASHBURN · Accounting / audit$21,000
ACCLARO ADVISORS · Valuation$12,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$65,743 · 0.16%
2023$41,797 · 0.13%
2022$73,644 · 0.29%
Similar plansOther Services · Arizona
Flexprint, LLC AZ$113.5M · 0.20%
Edgio, Inc. AZ$67.0M · 0.19%
Gb Auto Service, Inc. AZ$54.8M · 0.51%
Alliance Defending Freedom AZ$31.1M · 0.17%
Next Phase Enterprises, LLC AZ$27.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860226433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.