Chicago Tube and Iron 401(k) match, vesting and fees
What Chicago Tube and Iron's 401(k) plan says about matching contributions
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.
| Recordkeeper | Howard Simon & Associates, Inc. | Schedule C ↗ |
| Independent auditor | Clifton Larson Allen, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Chicago Tube and Iron: employer contribution per participant | $1,713 | |
| Peer median | $1,847 |
| Chicago Tube and Iron: average balance | $147,612 | |
| Peer median | $65,512 |
| Chicago Tube and Iron: admin expenses ÷ assets | 0.24% | |
| Peer median | 0.32% |
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 $56.5M at the end of plan year 2021 to $59.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 441 | $59.6M | $692K | $1,713 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 431 | $53.9M | $670K | $1,697 | 0.26% | Not published | Form 5500 ↗ |
| 2022 | 426 | $47.3M | $671K | $1,760 | 0.28% | Not published | Form 5500 ↗ |
| 2021 | 425 | $56.5M | $1.4M | $3,483 | 0.30% | Not published | Form 5500 ↗ |
Common questions
Does Chicago Tube and Iron match 401(k) contributions?
The match terms for the Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $692K in employer contributions, about $1,713 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Chicago Tube and Iron 401(k) match vested?
The vesting schedule for the Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Chicago Tube and Iron 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Howard Simon & Associates, Inc.. The plan administrator is Chicago Tube and Iron Company.
I left Chicago Tube and Iron. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Chicago Tube and Iron Company, (815) 834-2500) or the recordkeeper, Howard Simon & Associates, Inc.. The Chicago Tube and Iron old 401(k) page lists the contacts from every plan filing. Find an old Chicago Tube and Iron 401(k)
Data from the public Form 5500 annual reports Chicago Tube and Iron 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 Chicago Tube and Iron. Not financial advice. Report a correction · Methodology