United Steelworkers Local 286 Severance/ 401(K) Plan401(k)

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

United Steelworkers Local 286 Severance/ 401(K) Plan reported $789,425 in plan administrative expenses for 2024: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,371 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 rose from 1.65% to 1.99%. 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 916th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,561st of 13,661 in manufacturing. In 2024, the employer put in $3.62 for every $1.00 employees contributed themselves; active participation has grown from 1,539 to 2,056 since 2022.