Plan Ledger DOL Form 5500 · updated monthly

W&W-Afco Steel LLC401(k)

AFCO STEEL 401(K) SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

W&W-Afco Steel LLC reported $97,064 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,862 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 0.20% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 91st-largest of 724 plans among Oklahoma employers on file, and the 2,708th of 13,661 in manufacturing. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has grown from 521 to 654 since 2022.

Plan summary
Net assets, end of year$62,204,423
Participants with balances925
Active participants654
Employer contributions$2,526,039
Employee contributions$2,337,664
Employer contribution per active participant$3,862
Average account balance$67,248
Benefits paid to participants$2,573,230
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.2M · 925 accts · $2.5M emplr
2023$51.8M · 661 accts · $2.3M emplr
2022$44.7M · 596 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,864
Investment management$34,200
Total administrative$97,064
The W&W-Afco Steel LLC 401(k) match · 2024
Employer contribution per active participant$3,862
Median for plans this size$3,635
2024$3,862 per active participant
2023$4,253 per active participant
2022$3,715 per active participant

W&W-Afco Steel LLC's 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,864
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$23,017
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,019

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$97,064 · 0.17%
2023$101,689 · 0.21%
2022$96,616 · 0.20%
All plans at this employer3
AFCO STEEL 401(K) SAVINGS PLAN401(k)
W&W STEEL 401(K) SAVINGS PLAN401(k)
HIRSCHFELD HOLDINGS, LP EMPLOYEE SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Oklahoma
Lopez Food, Inc. OK$66.3M · 0.29%
McElroy Manufacturing, Inc. OK$64.8M · 0.09%
Cfs Brands LLC OK$63.3M · 0.14%
Kelvion Inc. OK$47.9M · 0.20%
Atc Drivetrain, LLC OK$39.7M · 0.48%
M-D Building Products, Inc. OK$39.3M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352530653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.