Gerdau Ameristeel US 401(k) match, vesting and fees
What Gerdau Ameristeel US' 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.
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Gerdau Ameristeel US: employer contribution per participant | $4,284 | |
| Peer median | $2,413 |
| Gerdau Ameristeel US: average balance | $164,523 | |
| Peer median | $86,456 |
| Gerdau Ameristeel US: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.12% |
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 $715M at the end of plan year 2021 to $746M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,713 | $746M | $19.4M | $4,284 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 4,618 | $678M | $18.9M | $4,183 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 4,598 | $579M | $17.2M | $3,833 | 0.08% | Not published | Form 5500 ↗ |
| 2021 | 4,497 | $715M | $15M | $3,406 | 0.08% | Not published | Form 5500 ↗ |
Other Gerdau Ameristeel US plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Gerdau Ameristeel US Savings Plan
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 auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Gerdau Ameristeel US Pension Plan for Union Employees
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 | Logos Pension Group | Schedule C ↗ |
| Independent auditor | Grant Thornton, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Gerdau Ameristeel US Retirement Plan
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 | Logos Pensions Group Inc. | 2023 Schedule C ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
Common questions
Does Gerdau Ameristeel US match 401(k) contributions?
The match terms for the Gerdau Ameristeel US 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $19.4M in employer contributions, about $4,284 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Gerdau Ameristeel US 401(k) match vested?
The vesting schedule for the Gerdau Ameristeel US 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Gerdau Ameristeel US 401(k)?
The filing names Benefits Plans Administrative Committee as plan administrator; it does not list a recordkeeper.
I left Gerdau Ameristeel US. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Benefits Plans Administrative Committee, (813) 286-8383). The Gerdau Ameristeel US old 401(k) page lists the contacts from every plan filing. Find an old Gerdau Ameristeel US 401(k)
Data from the public Form 5500 annual reports Gerdau Ameristeel US 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 Gerdau Ameristeel US. Not financial advice. Report a correction · Methodology