Mst Steel Corporation401(k)
MST STEEL CORPORATION SALARY SAVINGS 401(K) PROFIT SHARING PLAN · WARREN, MI · plan year 2022
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Mst Steel Corporation reported $1,560 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,132 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.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,334th of 2,619), and 2,538th of 4,246 in wholesale trade. In 2022, employees put in $1.37 for every $1.00 the employer contributed.
Mst Steel Corporation's 2022 employer contribution ran above the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 382145282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.