Retirement plan

AMERICAN STEEL AND ALUMINUM LLC EMPLOYEES' DEFERRED COMPENSATION PLAN

Name: AMERICAN STEEL AND ALUMINUM LLC - AMERICAN STEEL AND ALUMINUM LLC EMPLOYEES' DEFERRED COMPENSATION PLAN (2024) Form 5500
Creator: AMERICAN STEEL AND ALUMINUM LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN STEEL AND ALUMINUM LLC EMPLOYEES' DEFERRED COMPENSATION PLAN, AMERICAN STEEL AND ALUMINUM LLC

AMERICAN STEEL AND ALUMINUM LLCEIN 27-1256627Plan #001PY 2024

27 ELM STREET - AUBURN, MA 01501781-762-0123americansteelandaluminum.comLinkedIn501-1000 employeesconsumer goods

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$15.9M

+22.2% from 2023

Total participants

561

+15.9% from 2023

Average account balance

$35,041

-0.4% from 2023

Annual return

16.07%

-2.95 pp from 2023

Benchmarks

See 1,404 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,404 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$15.91M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$35K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

454

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

73.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.07%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$101

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC8 years Filed as: MMA SECURITIES Service code 99 · EIN 22-3570392	Other Fees	$33,213
DAY SECKLER LLP1 year Service code 99 · EIN 26-2310586	Other Fees	$24,269
THE ANGELL PENSION GROUP, INC.2 years Filed as: ANGELL PENSION GROUP Service code 49 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Other Services	$6,837

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$46K

$112 / participant

Investment mgmt$26K57.4%
Contract admin$17K38.0%
Other / not subdivided$2K4.7%

% of EOY assets

0.289%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RBT CPA'S LLP
Auditor EIN: 141604297
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,041

$89,435-60.8%

$164,975-78.8%

$77,714-54.9%

Participation rate

73.8%

78.6%-4.8pp

70.6%+3.3pp

Annual return

16.07%

28.82%-12.7pp

70.12%-54.1pp

31.26%-15.2pp

Employer contribution / active EE

$2,031

$2,563-20.8%

$4,343-53.2%

$2,727-25.5%

Participant deferral / active EE

$3,600

$4,901-26.6%

$6,033-40.3%

$4,649-22.6%

Admin fee / account holder

$101

$340-70.2%

$12,688-99.2%

$433-76.6%

Provider

Service type

Compensation

MMA SECURITIES LLC8 years

Filed as: MMA SECURITIES

Service code 99 · EIN 22-3570392

Other Fees

$33,213

DAY SECKLER LLP1 year

Service code 99 · EIN 26-2310586

Other Fees

$24,269

THE ANGELL PENSION GROUP, INC.2 years

Filed as: ANGELL PENSION GROUP

Service code 49

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Other Services

$6,837

AMERICAN STEEL AND ALUMINUM LLC EMPLOYEES' DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN STEEL AND ALUMINUM LLC EMPLOYEES' DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion