Plan Ledger DOL Form 5500 · updated monthly

Jsw Steel USA Inc401(k)

JSW STEEL USA INC 401K PROFIT SHARING PLAN & TRUST · BAYTOWN, TX · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Jsw Steel USA Inc reported $126,977 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,539 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 0.39% to 0.66%. 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 1,906th-largest of 5,688 plans among Texas employers on file, and the 5,593rd of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,856,636
Participants with balances642
Active participants477
Employer contributions$1,210,875
Employee contributions$2,753,501
Employer contribution per active participant$2,539
Average account balance$34,045
Benefits paid to participants$1,592,770
Plan auditUnmodified (clean) audit opinion
AuditorMELTON & MELTON
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 642 accts · $1.2M emplr
2023$16.9M · 532 accts · $1.1M emplr
2022$13.0M · 539 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,378
Investment management$34,499
Total administrative$126,977
The Jsw Steel USA Inc 401(k) match · 2024
Employer contribution per active participant$2,539
Median for plans this size$2,416
2024$2,539 per active participant
2023$2,429 per active participant
2022$2,335 per active participant

Jsw Steel USA Inc's 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK · Recordkeeping$62,098
BKS FINANCIAL INVESTMENTS LLC · Investment advisory (plan)$34,499

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$126,977 · 0.66%
2023$97,578 · 0.65%
2022$49,000 · 0.39%
Same employer
Similar plansManufacturing · Texas
Caviness Beef Packers LTD TX$22.0M · 0.02%
Tenstorrent USA, Inc. TX$21.9M · 0.43%
Modern Method Gunite, Inc. TX$21.9M · 0.34%
Generon Igs, Inc. TX$21.8M · 0.35%
Lion Elastomers LLC Union TX$21.8M · 0.20%
Ludlum Measurements, Inc. TX$21.8M · 0.48%
Texas Scenic Company, Inc TX$21.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611539103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.