Qualico Steel 401(k) match, vesting and fees
What Qualico Steel'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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Jackson Thornton & Co., PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Qualico Steel: employer contribution per participant | $3,204 | |
| Peer median | $1,847 |
| Qualico Steel: average balance | $59,444 | |
| Peer median | $65,512 |
| Qualico Steel: 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 $11.6M at the end of plan year 2021 to $16.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 278 | $16.3M | $881K | $3,204 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 271 | $13.6M | $850K | $3,147 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 256 | $11.1M | $726K | $2,880 | 0.52% | Not published | Form 5500 ↗ |
| 2021 | 255 | $11.6M | $427K | $1,716 | 0.12% | Not published | Form 5500 ↗ |
Common questions
Does Qualico Steel match 401(k) contributions?
The match terms for the Qualico Steel Company, Inc 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $881K in employer contributions, about $3,204 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Qualico Steel 401(k) match vested?
The vesting schedule for the Qualico Steel Company, Inc 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Qualico Steel 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Qualico Steel Company, Inc..
I left Qualico Steel. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Qualico Steel Company, Inc., (334) 671-3980) or the recordkeeper, The Vanguard Group, Inc.. The Qualico Steel old 401(k) page lists the contacts from every plan filing. Find an old Qualico Steel 401(k)
Data from the public Form 5500 annual reports Qualico Steel 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 Qualico Steel. Not financial advice. Report a correction · Methodology