Maverick Tube Corporation401(k)
TENARIS 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Maverick Tube Corporation reported $1,155,628 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,398 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 has held roughly steady near 0.35%. 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 251st-largest of 5,688 plans among Texas employers on file, and the 727th of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed.
Maverick Tube Corporation'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 431455766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.