Wheeling-Nippon Steel,Inc.401(k)
WHEELING-NIPPON STEEL DEFINED CONTRIBUTION PROFIT-SHARING PLAN FOR UNION EMPLOYEES · FOLLANSBEE, WV · plan year 2024
Wheeling-Nippon Steel,Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $30,080,295 across 163 participant accounts, with employer contributions averaging $6,517 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio fell from 0.002% to 0.000%. 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 62nd-largest of 265 plans among West Virginia employers on file, and the 4,481st of 13,661 in manufacturing. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves.
Wheeling-Nippon Steel,Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 251481463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.