Reliance, Inc.401(k)
RELIANCE STEEL & ALUMINUM CO. MASTER 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Reliance, Inc. reported $279,364 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,611 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 0.01% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 7th-largest of 1,285 plans among Arizona employers on file, and the 30th of 4,246 in wholesale trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 10,729 to 12,293 since 2022.
Reliance, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 951142616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.