Specialty Steel Works 401(k) match, vesting and fees
What Specialty Steel Works' 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Lvbw 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 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Specialty Steel Works: employer contribution per participant | $1,435 | |
| Peer median | $2,038 |
| Specialty Steel Works: average balance | $50,022 | |
| Peer median | $72,907 |
| Specialty Steel Works: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.20% |
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 $23.8M at the end of plan year 2021 to $25.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 540 | $25.5M | $730K | $1,435 | 0.19% | Not published | Form 5500 ↗ |
| 2023 | 559 | $22.4M | $863K | $1,656 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 568 | $18.7M | $731K | $1,409 | 0.17% | Not published | Form 5500 ↗ |
| 2021 | 566 | $23.8M | $653K | $1,290 | 0.11% | Not published | Form 5500 ↗ |
Other Specialty Steel Works plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Specialty Steel Works Incorporated 401(k) Retirement 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.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Lvbw LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Specialty Steel Works match 401(k) contributions?
The match terms for the Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $730K in employer contributions, about $1,435 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Specialty Steel Works 401(k) match vested?
The vesting schedule for the Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Specialty Steel Works 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Specialty Steel Works Incorporated.
I left Specialty Steel Works. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Specialty Steel Works Incorporated, (219) 853-6000) or the recordkeeper, Fidelity Investments Institutional. The Specialty Steel Works old 401(k) page lists the contacts from every plan filing. Find an old Specialty Steel Works 401(k)
Data from the public Form 5500 annual reports Specialty Steel Works 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 Specialty Steel Works. Not financial advice. Report a correction · Methodology