Marcegaglia USA retirement plan: assets, participants and fees
What Marcegaglia USA's retirement plan 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Urish Popeck & Co., LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 650 pension plans in manufacturing with 100 to 499 participants.
| Marcegaglia USA: employer contribution per participant | $197 | |
| Peer median | $1,262 |
| Marcegaglia USA: average balance | $20,407 | |
| Peer median | $56,718 |
| Marcegaglia USA: admin expenses ÷ assets | 1.05% | |
| Peer median | 0.79% |
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 $3.2M at the end of plan year 2021 to $2.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 140 | $2.9M | $28K | $197 | 1.05% | Not published | Form 5500 ↗ |
| 2023 | 145 | $2.9M | $30K | $207 | 0.98% | Not published | Form 5500 ↗ |
| 2022 | 151 | $2.7M | — | — | 0.71% | Not published | Form 5500 ↗ |
| 2021 | 156 | $3.2M | — | — | 0.62% | Not published | Form 5500 ↗ |
Common questions
Does Marcegaglia USA match 401(k) contributions?
The match terms for the Retirement Plan for Bargaining Unit Employees of Marcegaglia USA, Inc. have not been published from its filing yet. The plan year 2024 filing reports $28K in employer contributions, about $197 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Marcegaglia USA 401(k) match vested?
The vesting schedule for the Retirement Plan for Bargaining Unit Employees of Marcegaglia USA, Inc. is not in the data published so far. Your Summary Plan Description states it.
Who manages the Marcegaglia USA 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Marcegaglia USA, Inc..
I left Marcegaglia USA. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Marcegaglia USA, Inc., (412) 462-2185) or the recordkeeper, Principal Life Insurance Company. The Marcegaglia USA old 401(k) page lists the contacts from every plan filing. Find an old Marcegaglia USA 401(k)
Data from the public Form 5500 annual reports Marcegaglia USA 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 Marcegaglia USA. Not financial advice. Report a correction · Methodology