Ferroglobe USA Metallurgical 401(k) match, vesting and fees

Plan year 2024 filingFerroglobe USA Metallurgical, Inc. Retirement Savings Plan · Plan 001 · EIN 20-5573569Updated Oct 2026

What Ferroglobe USA Metallurgical'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 $1.5M in employer contributions, about $1,912 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$81,500
Average account balance
879
Participants (end of year)
$65.8M
Plan assets (end of year)
0.17%
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.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorSisterson & Co. LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.

Ferroglobe USA Metallurgical: employer contribution per participant$1,912
Peer median$2,038
Ferroglobe USA Metallurgical: average balance$81,500
Peer median$72,907
Ferroglobe USA Metallurgical: admin expenses ÷ assets0.17%
Peer median0.20%

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 $66.1M at the end of plan year 2021 to $65.8M at the end of plan year 2024.

$66.1M2021$53.7M2022$60.1M2023$65.8M2024
End-of-year figures from each plan year's Form 5500 filing for the Ferroglobe USA Metallurgical plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024879$65.8M$1.5M$1,9120.17%Not publishedForm 5500 ↗
20231,073$60.1M$1.5M$1,7310.15%Not publishedForm 5500 ↗
20221,081$53.7M$1.3M$1,4310.24%Not publishedForm 5500 ↗
20211,036$66.1M$897K$1,0890.24%Not publishedForm 5500 ↗

Other Ferroglobe USA Metallurgical plans (4)

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

Globe Metallurgical Inc. Retiree Medical Insurance Savings Plan

Plan 007 · EIN 20-5573569 · plan year 2024 filing
$20,038
Average account balance
58
Participants (end of year)
$1.2M
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.

Plan type and statusProfit-sharing · ActiveForm 5500 ↗

Globe Metallurgical, Inc. Pension Plan

Plan 003 · EIN 20-5573569 · plan year 2021 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.01%
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 auditorApple Growth Partners (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Pension Plan for Hourly Employees of the Alamet Division of Globe Metallurgical Inc.

Plan 004 · EIN 20-5573569 · plan year 2021 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.26%
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.

Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Globe Metallurgical, Inc. Niagara Falls Hourly Employees Pension Plan

Plan 005 · EIN 20-5573569 · plan year 2021 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.78%
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.

Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Ferroglobe USA Metallurgical match 401(k) contributions?

The match terms for the Ferroglobe USA Metallurgical, Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $1,912 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Ferroglobe USA Metallurgical 401(k) match vested?

The vesting schedule for the Ferroglobe USA Metallurgical, Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Ferroglobe USA Metallurgical 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Ferroglobe USA Metallurgical, Inc..

I left Ferroglobe USA Metallurgical. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Ferroglobe USA Metallurgical, Inc., (740) 984-2361) or the recordkeeper, Principal Life Insurance Company. The Ferroglobe USA Metallurgical old 401(k) page lists the contacts from every plan filing. Find an old Ferroglobe USA Metallurgical 401(k)

Data from the public Form 5500 annual reports Ferroglobe USA Metallurgical 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 Ferroglobe USA Metallurgical. Not financial advice. Report a correction · Methodology