Plan Ledger DOL Form 5500 · updated monthly

Superior Steel, LLC dba Superior Steel Fabrication401(k)

SUPERIOR STEEL PROFIT SHARING 401(K) PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Superior Steel, LLC dba Superior Steel Fabrication reported $72,070 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,530 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 1.00% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (627th of 1,021), and 9,689th of 13,661 in manufacturing. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,982,285
Participants with balances132
Active participants109
Employer contributions$166,821
Employee contributions$336,383
Employer contribution per active participant$1,530
Average account balance$60,472
Benefits paid to participants$629,643
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 132 accts · $167K emplr
2023$7.4M · 161 accts · $160K emplr
2022$7.5M · 185 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,671
Investment management$16,680
Audit (IQPA)$8,645
Total administrative$72,070
The Superior Steel, LLC dba Superior Steel Fabrication 401(k) match · 2024
Employer contribution per active participant$1,530
Median for plans this size$1,313
2024$1,530 per active participant
2023$1,464 per active participant
2022$3,382 per active participant

Superior Steel, LLC dba Superior Steel Fabrication's 2024 employer contribution ran above the $1,313 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 · 20245
PRIME PENSIONS NORTHWEST, LLC · Other services$28,074
ROEHL & YI INVESTMENT ADVISORS, LLC · Investment advisory (plan)$15,162
MOSS ADAMS LLP · Accounting / audit$8,645
EMPOWER ADVISORY GROUP, LLC · Investment management$1,518

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$72,070 · 0.94%
2023$86,803 · 1.17%
2022$81,662 · 1.00%
Same employer
Similar plansManufacturing · Oregon
Vips Industries Inc OR$8.1M · 0.55%
Darex, LLC OR$8.0M · 0.45%
Sawstop, LLC OR$8.0M · 0.02%
Ideal Steel, Inc. OR$7.8M · 0.40%
Turtle Island Foods, Spc OR$7.8M · 0.87%
Marathon Coach, Inc. OR$7.8M · 0.73%
Western Wire Works, Inc. OR$7.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931144811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.