Plan Ledger DOL Form 5500 · updated monthly

North Star Bluescope Steel LLC401(k)

NORTH STAR BLUESCOPE STEEL LLC RETIREMENT PARTNERSHIP · DELTA, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

North Star Bluescope Steel LLC reported $5,909 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,653 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 258th-largest of 3,295 plans among Ohio employers on file, and the 1,344th of 13,661 in manufacturing. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 546 to 608 since 2022.

Plan summary
Net assets, end of year$161,842,934
Participants with balances716
Active participants608
Employer contributions$5,261,211
Employee contributions$6,484,777
Employer contribution per active participant$8,653
Average account balance$226,038
Benefits paid to participants$13,860,031
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$161.8M · 716 accts · $5.3M emplr
2023$144.1M · 697 accts · $5.0M emplr
2022$120.4M · 655 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,909
Total administrative$5,909
The North Star Bluescope Steel LLC 401(k) match · 2024
Employer contribution per active participant$8,653
Median for plans this size$3,635
2024$8,653 per active participant
2023$7,731 per active participant
2022$12,398 per active participant

North Star Bluescope Steel LLC's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,909

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$5,909 · 0.00%
2023$10,393 · 0.01%
2022$15,826 · 0.01%
Same employer
Similar plansManufacturing · Ohio
Ats Corporation OH$175.4M · 0.15%
Advics North America, Inc. OH$173.6M · 0.21%
Synthomer Inc. OH$164.1M · 0.06%
Ts Tech Americas, Inc. OH$161.9M · 0.18%
Plaskolite, LLC. OH$155.2M · 0.11%
Pro-Tec Coating Co OH$152.0M · 0.00%
Atricure, Inc. OH$151.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341797943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.