Sabel Steel Service 401(k) match, vesting and fees
What Sabel Steel Service'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Warren Averett, LLC (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 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Sabel Steel Service: employer contribution per participant | $1,794 | |
| Peer median | $1,988 |
| Sabel Steel Service: average balance | $99,839 | |
| Peer median | $75,431 |
| Sabel Steel Service: admin expenses ÷ assets | 0.48% | |
| Peer median | 0.31% |
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 $11.4M at the end of plan year 2021 to $13.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 146 | $13.1M | $235K | $1,794 | 0.48% | Not published | Form 5500 ↗ |
| 2023 | 125 | $11.7M | $216K | $1,785 | 0.21% | Not published | Form 5500 ↗ |
| 2022 | 191 | $10.1M | — | — | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 124 | $11.4M | $215K | $1,870 | 0.07% | Not published | Form 5500 ↗ |
Other Sabel Steel Service plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sabel Steel Service, Inc. Money Purchase 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Warren Averett, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Common questions
Does Sabel Steel Service match 401(k) contributions?
The match terms for the Sabel Steel Service, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $235K in employer contributions, about $1,794 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sabel Steel Service 401(k) match vested?
The vesting schedule for the Sabel Steel Service, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sabel Steel Service 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Sabel Steel Service Inc.
I left Sabel Steel Service. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sabel Steel Service Inc, (334) 265-6771) or the recordkeeper, Principal Life Insurance Company. The Sabel Steel Service old 401(k) page lists the contacts from every plan filing. Find an old Sabel Steel Service 401(k)
Data from the public Form 5500 annual reports Sabel Steel Service 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 Sabel Steel Service. Not financial advice. Report a correction · Methodology