Plan Ledger DOL Form 5500 · updated monthly

Universal Steel America, Inc.401(k)

UNIVERSAL STEEL AMERICA, INC. 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Universal Steel America, Inc. reported $28,553 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,257 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,594th of 5,688), and 12,298th of 13,661 in manufacturing. In 2022, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,963,416
Participants with balances65
Active participants110
Employer contributions$138,305
Employee contributions$224,035
Employer contribution per active participant$1,257
Average account balance$45,591
Benefits paid to participants$248,935
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$1,357
Total administrative$28,553
The Universal Steel America, Inc. 401(k) match · 2022
Employer contribution per active participant$1,257
Median for plans this size$1,114

Universal Steel America, Inc.'s 2022 employer contribution ran above the $1,114 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 history1
2022$28,553 · 0.90%
Similar plansManufacturing · Texas
Textileather Corporation TX$3.1M · 1.25%
Nulo Inc. TX$3.0M · 0.85%
Burrows Millworks, Inc. TX$2.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760663332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.