Plan Ledger DOL Form 5500 · updated monthly

Steelville Manufacturing Co401(k)

STEELVILLE MANUFACTURING CO 401K PLAN · STEELVILLE, MO · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Steelville Manufacturing Co reported $55,980 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,346 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (727th of 1,393), and 7,434th of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,870,939
Participants with balances130
Active participants147
Employer contributions$344,897
Employee contributions$476,526
Employer contribution per active participant$2,346
Average account balance$106,700
Benefits paid to participants$374,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 130 accts · $345K emplr
2023$12.0M · 134 accts · $341K emplr
2022$10.4M · 138 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,778
Investment management$32,202
Total administrative$55,980
The Steelville Manufacturing Co 401(k) match · 2024
Employer contribution per active participant$2,346
Median for plans this size$2,416
2024$2,346 per active participant
2023$2,188 per active participant
2022$2,388 per active participant

Steelville Manufacturing Co's 2024 employer contribution ran below the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$23,778
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$32,202

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,980 · 0.43%
2023$48,775 · 0.44%
2022$48,024 · 0.42%
Similar plansManufacturing · Missouri
Husky Corporation MO$14.7M · 0.32%
Triumph Foods, LLC MO$14.6M · 0.61%
Production Castings, Inc. MO$14.5M · 0.52%
Good Earth Tools, Inc. MO$14.4M · 0.81%
Handi-Craft Company MO$13.8M · 0.26%
Ultrasource LLC MO$13.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431572794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.