Plan Ledger DOL Form 5500 · updated monthly

Triple-S Steel Holdings, Inc.401(k)

STEEL AFFILIATES 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Triple-S Steel Holdings, Inc. reported $195,915 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,311 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 0.31% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 649th-largest of 5,688 plans among Texas employers on file, and the 414th of 4,246 in wholesale trade. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 1,492 to 1,787 since 2022.

Plan summary
Net assets, end of year$100,142,397
Participants with balances2,022
Active participants1,787
Employer contributions$4,129,513
Employee contributions$7,404,009
Employer contribution per active participant$2,311
Average account balance$49,526
Benefits paid to participants$7,942,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.1M · 2,022 accts · $4.1M emplr
2023$85.3M · 1,790 accts · $4.0M emplr
2022$69.0M · 1,670 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,054
Investment management$76,861
Total administrative$195,915
The Triple-S Steel Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,311
Median for plans this size$3,635
2024$2,311 per active participant
2023$2,552 per active participant
2022$2,473 per active participant

Triple-S Steel Holdings, Inc.'s 2024 employer contribution ran below the $3,635 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
JOHN HANCOCK · Recordkeeping · Loan processing$135,914
ALLLIANT RETIREMENT SERVICES LLC · Investment advisory (plan)$60,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$195,915 · 0.21%
2023$250,999 · 0.33%
2022$222,736 · 0.31%
Same employer
Similar plansWholesale Trade · Texas
Inside Plastics TX$109.0M · 0.11%
Anderson Merchandisers, LLC TX$108.9M · 0.11%
Floworks International LLC TX$101.3M · 0.02%
His Company, Inc. TX$99.8M · 0.03%
Coburn Supply Company, Inc. TX$84.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742028876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.