Plan Ledger DOL Form 5500 · updated monthly

Joseph T. Ryerson & Son, Inc.401(k)

RYERSON SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Joseph T. Ryerson & Son, Inc. reported $177,482 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,456 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 0.00% to 0.04%. 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 167th-largest of 3,702 plans among Illinois employers on file, and the 605th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$461,930,634
Participants with balances3,588
Active participants2,746
Employer contributions$9,490,183
Employee contributions$17,331,863
Employer contribution per active participant$3,456
Average account balance$128,743
Benefits paid to participants$49,106,204
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$461.9M · 3,588 accts · $9.5M emplr
2023$427.6M · 3,562 accts · $8.6M emplr
2022$397.2M · 3,379 accts · $8.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,482
Total administrative$177,482
The Joseph T. Ryerson & Son, Inc. 401(k) match · 2024
Employer contribution per active participant$3,456
Median for plans this size$4,294
2024$3,456 per active participant
2023$3,126 per active participant
2022$3,212 per active participant

Joseph T. Ryerson & Son, Inc.'s 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$177,482

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$177,482 · 0.04%
2023$119,313 · 0.03%
2022$10,673 · 0.00%
All plans at this employer2
RYERSON COMBINED RETIREMENT PLAN401(k)
RYERSON SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
Nouryon Chemicals LLC IL$508.7M · 0.08%
Tetra Pak, Inc. IL$500.2M · 0.09%
Kone Inc. IL$467.4M · 0.08%
Shure Incorporated IL$439.7M · 0.07%
Heico Holding, Inc. IL$437.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361717960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.