Plan Ledger DOL Form 5500 · updated monthly

Superior Forge & Steel Corporation401(k)

SUPERIOR FORGE & STEEL CORPORATION 401(K) RETIREMENT SAVINGS PLAN · LIMA, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Superior Forge & Steel Corporation reported $82,241 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,208 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 0.39% to 0.31%. 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 the 1,040th-largest of 3,295 plans among Ohio employers on file, and the 4,809th of 13,661 in manufacturing. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,412,642
Participants with balances227
Active participants197
Employer contributions$434,995
Employee contributions$716,077
Employer contribution per active participant$2,208
Average account balance$120,761
Benefits paid to participants$2,213,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 227 accts · $435K emplr
2023$25.0M · 227 accts · $415K emplr
2022$20.8M · 231 accts · $408K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,641
Total administrative$82,241
The Superior Forge & Steel Corporation 401(k) match · 2024
Employer contribution per active participant$2,208
Median for plans this size$2,416
2024$2,208 per active participant
2023$2,185 per active participant
2022$2,160 per active participant

Superior Forge & Steel Corporation'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
PARK AVENUE INVESTMENT ADVISORY, LLindirect comp

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$82,241 · 0.31%
2023$67,110 · 0.29%
2022$90,883 · 0.39%
Similar plansManufacturing · Ohio
Trew, LLC OH$27.8M · 0.53%
Brilex Industries, Inc. OH$27.8M · 0.33%
Beckett Gas, Inc. OH$27.6M · 0.11%
St. Bernard Soap Company OH$27.4M · 0.36%
Monti, Inc. OH$27.2M · 0.36%
Hitachi Astemo Americas OH$27.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341677189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.