Steel Equipment Specialists 401(k) match, vesting and fees

Plan year 2025 filingSteel Equipment Specialists, LLC 401(k) Plan · Plan 001 · EIN 34-1909310Updated Oct 2026

What Steel Equipment Specialists' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $864K in employer contributions, about $3,839 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$175,860
Average account balance
228
Participants (end of year)
$39.6M
Plan assets (end of year)
0.36%
Admin expenses ÷ assets

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.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorMaloney and Novotny (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Steel Equipment Specialists: employer contribution per participant$3,839
Peer median$1,962
Steel Equipment Specialists: average balance$175,860
Peer median$75,225
Steel Equipment Specialists: admin expenses ÷ assets0.36%
Peer median0.32%

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 $31.4M at the end of plan year 2021 to $39.6M at the end of plan year 2025.

$31.4M2021$25.5M2022$30.5M2023$34.7M2024$39.6M2025
End-of-year figures from each plan year's Form 5500 filing for the Steel Equipment Specialists plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025228$39.6M$864K$3,8390.36%Not publishedForm 5500 ↗
2024232$34.7M$825K$3,6530.38%Not publishedForm 5500 ↗
2023212$30.5M$765K$3,6090.33%Not publishedForm 5500 ↗
2022181$25.5M$533K$2,9610.22%Not publishedForm 5500 ↗
2021160$31.4M$549K$3,4730.32%Not publishedForm 5500 ↗

Common questions

Does Steel Equipment Specialists match 401(k) contributions?

The match terms for the Steel Equipment Specialists, LLC 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $864K in employer contributions, about $3,839 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Steel Equipment Specialists 401(k) match vested?

The vesting schedule for the Steel Equipment Specialists, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Steel Equipment Specialists 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Insurance Company O. The plan administrator is Steel Equipment Specialists, LLC.

I left Steel Equipment Specialists. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Steel Equipment Specialists, LLC, (330) 829-6339) or the recordkeeper, Empower Annuity Insurance Company O. The Steel Equipment Specialists old 401(k) page lists the contacts from every plan filing. Find an old Steel Equipment Specialists 401(k)

Data from the public Form 5500 annual reports Steel Equipment Specialists filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Equipment Specialists. Not financial advice. Report a correction · Methodology