Ssab Enterprises 401(k) match, vesting and fees
What Ssab Enterprises' 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 | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Wilkins Miller (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 348 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| Ssab Enterprises: employer contribution per participant | $4,586 | |
| Peer median | $2,066 |
| Ssab Enterprises: average balance | $295,007 | |
| Peer median | $77,876 |
| Ssab Enterprises: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.14% |
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 $496M at the end of plan year 2021 to $541M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,873 | $541M | $8.4M | $4,586 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 1,828 | $494M | $24.2M | $13,637 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 1,753 | $418M | $20.6M | $11,990 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 1,653 | $496M | $19.3M | $11,955 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Ssab Enterprises match 401(k) contributions?
The match terms for the Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $8.4M in employer contributions, about $4,586 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ssab Enterprises 401(k) match vested?
The vesting schedule for the Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ssab Enterprises 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Ssab Enterprises LLC.
I left Ssab Enterprises. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ssab Enterprises LLC, (251) 264-3816) or the recordkeeper, T Rowe Price Rps Inc. The Ssab Enterprises old 401(k) page lists the contacts from every plan filing. Find an old Ssab Enterprises 401(k)
Data from the public Form 5500 annual reports Ssab Enterprises 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 Ssab Enterprises. Not financial advice. Report a correction · Methodology