Retirement plan

JSW STEEL USA OHIO, INC. 401(K) PLAN

Name: JSW STEEL USA OHIO, INC. - JSW STEEL USA OHIO, INC. 401(K) PLAN (2022) Form 5500
Creator: JSW STEEL USA OHIO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JSW STEEL USA OHIO, INC. 401(K) PLAN, JSW STEEL USA OHIO, INC.

JSW STEEL USA OHIO, INC.EIN 81-3308222Plan #001PY 2022

1500 COMMERCIAL AVENUE - MINGO JUNCTION, OH 43938281-383-4154LinkedIn1-10 employeesmining & metals

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.1M

+15.2% from 2021

Total participants

345

+4.2% from 2021

Average account balance

$15,030

+8.8% from 2021

Annual return

-9.36%

-38.38 pp from 2021

Benchmarks

See 2,389 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,389 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.34M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

392

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.98M

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

+21.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$161

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 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930	Recordkeeping	$10,965

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$11K

$42 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.214%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DEAN DORTON ALLEN FORD PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,030

$72,303-79.2%

$86,698-82.7%

$64,819-76.8%

Participation rate

98.5%

80.4%+18.0pp

76.6%+21.9pp

71.5%+27.0pp

Annual return

-9.36%

392.77%-402.1pp

35.95%-45.3pp

32.84%-42.2pp

Employer contribution / active EE

$2,672

$2,393+11.7%

$2,837-5.8%

$2,507+6.6%

Participant deferral / active EE

$3,586

$4,660-23.0%

$4,656-23.0%

$4,311-16.8%

Admin fee / account holder

$32

$174-81.5%

$7,493-99.6%

$188-82.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5 years

Service code 15 · EIN 23-1945930

Recordkeeping

$10,965

JSW STEEL USA OHIO, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JSW STEEL USA OHIO, INC. 401(K) 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