Steel Connect 401(k) match, vesting and fees
What Steel Connect'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 1,613 defined-contribution plans in manufacturing with 500 to 999 participants.
| Steel Connect: employer contribution per participant | $384 | |
| Peer median | $2,038 |
| Steel Connect: average balance | $81,640 | |
| Peer median | $72,951 |
| Steel Connect: admin expenses ÷ assets | 0.02% | |
| 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 $52.3M at the end of plan year 2023 to $54.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 692 | $54.3M | $255K | $384 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 742 | $52.3M | $179K | $246 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does Steel Connect match 401(k) contributions?
The match terms for the Moduslink Corp. Savings & Retirement 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $255K in employer contributions, about $384 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Steel Connect 401(k) match vested?
The vesting schedule for the Moduslink Corp. Savings & Retirement 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Steel Connect 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Steel Connect, Inc..
I left Steel Connect. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Steel Connect, Inc., (781) 663-5070) or the recordkeeper, Fidelity Investments Institutional. The Steel Connect old 401(k) page lists the contacts from every plan filing. Find an old Steel Connect 401(k)
Data from the public Form 5500 annual reports Steel Connect filed with the U.S. Department of Labor (plan years 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 Steel Connect. Not financial advice. Report a correction · Methodology