Plan Ledger DOL Form 5500 · updated monthly

Tempel Steel Company, LLC401(k)

TEMPEL STEEL CO SAVINGS & INVESTMENT PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Tempel Steel Company, LLC reported $180,596 in plan administrative expenses for 2022: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,928 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 890th-largest of 3,702 plans among Illinois employers on file, and the 3,080th of 13,661 in manufacturing. In 2022, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,650,535
Participants with balances546
Active participants338
Employer contributions$989,576
Employee contributions$1,585,785
Employer contribution per active participant$2,928
Average account balance$94,598
Benefits paid to participants$5,156,272
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$51.7M · 546 accts · $990K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$115,315
Investment management$80,369
Professional / advisory$6,479
Total administrative$180,596
The Tempel Steel Company, LLC 401(k) match · 2022
Employer contribution per active participant$2,928
Median for plans this size$3,449

Tempel Steel Company, LLC's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$180,596 · 0.31%
Similar plansManufacturing · Illinois
Certified Power, Inc. IL$52.5M · 0.39%
Summus Group LLC IL$52.5M · 0.39%
Carus LLC IL$52.1M · 0.01%
Transcendia, Inc. IL$51.5M · 0.18%
Land O'Frost, Inc. IL$50.4M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202122127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.