Bluescope Steel North America 401(k) match, vesting and fees

Plan year 2024 filingBluescope Employee Savings Trust (Best) · Plan 041 · EIN 23-2081882Updated Oct 2026

What Bluescope Steel North America's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $27M in employer contributions, about $5,370 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$134,883
Average account balance
5,273
Participants (end of year)
$678M
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCbiz Cpas P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 283 defined-contribution plans in manufacturing with 5,000 to 9,999 participants.

Bluescope Steel North America: employer contribution per participant$5,370
Peer median$2,895
Bluescope Steel North America: average balance$134,883
Peer median$115,263
Bluescope Steel North America: admin expenses ÷ assets0.05%
Peer median0.08%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $624M at the end of plan year 2021 to $678M at the end of plan year 2024.

$624M2021$521M2022$608M2023$678M2024
End-of-year figures from each plan year's Form 5500 filing for the Bluescope Steel North America plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20245,273$678M$27M$5,3700.05%Not publishedForm 5500 ↗
20235,270$608M$25.5M$5,0780.08%Not publishedForm 5500 ↗
20225,098$521M$19.2M$3,9600.07%Not publishedForm 5500 ↗
20214,165$624M$15.6M$3,9860.06%Not publishedForm 5500 ↗

Other Bluescope Steel North America plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Bluescope Base Retirement Plan

Plan 201 · EIN 23-2081882 · plan year 2021 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.74%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorMayer Hoffman Mccann PC (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Bluescope Steel North America match 401(k) contributions?

The match terms for the Bluescope Employee Savings Trust (Best) have not been published from its filing yet. The plan year 2024 filing reports $27M in employer contributions, about $5,370 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Bluescope Steel North America 401(k) match vested?

The vesting schedule for the Bluescope Employee Savings Trust (Best) is not in the data published so far. Your Summary Plan Description states it.

Who manages the Bluescope Steel North America 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Best Administrative Committee.

I left Bluescope Steel North America. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Best Administrative Committee, (816) 968-3000) or the recordkeeper, Fidelity Investments Institutional. The Bluescope Steel North America old 401(k) page lists the contacts from every plan filing. Find an old Bluescope Steel North America 401(k)

Data from the public Form 5500 annual reports Bluescope Steel North America filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Bluescope Steel North America. Not financial advice. Report a correction · Methodology