Plan Ledger DOL Form 5500 · updated monthly

Outokumpu Stainless USA, LLC401(k)

OUTOKUMPU STAINLESS USA, LLC 401(K) PLAN · CALVERT, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Outokumpu Stainless USA, LLC reported $44,931 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,406 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 0.05% to 0.04%. 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 55th-largest of 902 plans among Alabama employers on file, and the 1,563rd of 13,661 in manufacturing. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$130,098,377
Participants with balances1,162
Active participants989
Employer contributions$6,335,763
Employee contributions$9,066,601
Employer contribution per active participant$6,406
Average account balance$111,961
Benefits paid to participants$8,372,409
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER
Plan history3
Yearassets · accounts · employer contribution
2024$130.1M · 1,162 accts · $6.3M emplr
2023$108.3M · 1,157 accts · $6.2M emplr
2022$91.7M · 1,227 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,931
Total administrative$44,931
The Outokumpu Stainless USA, LLC 401(k) match · 2024
Employer contribution per active participant$6,406
Median for plans this size$3,635
2024$6,406 per active participant
2023$6,221 per active participant
2022$5,737 per active participant

Outokumpu Stainless USA, LLC's 2024 employer contribution ran above the $3,635 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$44,931

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$44,931 · 0.04%
2023$43,056 · 0.04%
2022$44,802 · 0.05%
Same employer
Similar plansManufacturing · Alabama
McWane, Inc. AL$264.9M · 0.06%
Phifer Incorporated AL$184.0M · 0.03%
The Westervelt Company AL$136.6M · 0.09%
Neptune Technology Group Inc AL$133.5M · 0.08%
Austal USA. LLC AL$129.6M · 0.24%
Buffalo Rock Company AL$123.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260379850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.