Plan Ledger DOL Form 5500 · updated monthly

Standard Steel, LLC401(k)

UNITED STEEL WORKERS OF AMERICA - STANDARD STEEL, LLC 401(K) PLAN · BURNHAM, PA · plan year 2025

Reported admin expense ratio · 2025
0.21%

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

Standard Steel, LLC reported $98,681 in plan administrative expenses for 2025: 0.21% of average plan assets, below the peer median. Employer contributions averaged $0 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 4 years on file its reported administrative ratio has held roughly steady near 0.207%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 780th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,125th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$50,527,622
Participants with balances538
Active participants474
Employer contributions$0
Employee contributions$2,589,897
Employer contribution per active participant$0
Average account balance$93,918
Benefits paid to participants$3,459,205
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$50.5M · 538 accts
2024$44.6M · 554 accts
2023$40.4M · 551 accts
2022$34.9M · 549 accts · $10K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$72,486
Investment management$26,195
Total administrative$98,681
The Standard Steel, LLC 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$2,666

Standard Steel, LLC's 2025 employer contribution ran below the $2,666 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$72,486
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$26,195

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$98,681 · 0.21%
2024$86,758 · 0.20%
2023$74,424 · 0.20%
2022$78,255 · 0.21%
All plans at this employer2
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION401(k)
UNITED STEEL WORKERS OF AMERICA - STANDARD STEEL, LLC 401(K) PLAN401(k)
Same employer
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R M Palmer Company LLC PA$50.6M · 0.11%
Woodstream Corporation PA$50.5M · 0.03%
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Spang & Company PA$50.4M · 0.05%
Brentwood Industries, Inc. PA$50.3M · 0.16%
Arctic Glacier U.S.A., Inc. PA$50.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320020058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.