Steel Services 401(k) match, vesting and fees

Plan year 2025 filingSteel Partners 401(k) Savings Plan · Plan 010 · EIN 45-3811142Updated Oct 2026

What Steel Services' 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 $5M in employer contributions, about $1,660 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$100,728
Average account balance
3,647
Participants (end of year)
$302M
Plan assets (end of year)
0.06%
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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2025 medians for 434 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Steel Services: employer contribution per participant$1,660
Peer median$2,591
Steel Services: average balance$100,728
Peer median$102,504
Steel Services: admin expenses ÷ assets0.06%
Peer median0.11%

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 $288M at the end of plan year 2021 to $302M at the end of plan year 2025.

$288M2021$232M2022$264M2023$287M2024$302M2025
End-of-year figures from each plan year's Form 5500 filing for the Steel Services plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20253,647$302M$5M$1,6600.06%Not publishedForm 5500 ↗
20243,726$287M$4.6M$1,5060.07%Not publishedForm 5500 ↗
20234,138$264M$4.8M$1,4790.09%Not publishedForm 5500 ↗
20223,780$232M$4.5M$1,4330.08%Not publishedForm 5500 ↗
20212,887$288M$3.5M$1,3270.02%Not publishedForm 5500 ↗

Other Steel Services plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Moduslink Corp. Savings & Retirement 401(k) Plan

Plan 002 · EIN 45-3811142 · plan year 2025 filing
$92,505
Average account balance
657
Participants (end of year)
$57.7M
Plan assets (end of year)
0.01%
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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Common questions

Does Steel Services match 401(k) contributions?

The match terms for the Steel Partners 401(k) Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $5M in employer contributions, about $1,660 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Steel Services 401(k) match vested?

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

Who manages the Steel Services 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Steel Services Ltd.

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

Your account stays in the plan until you move it. Contact the plan administrator (Steel Services Ltd, (212) 520-2390) or the recordkeeper, Fidelity Investments Institutional. The Steel Services old 401(k) page lists the contacts from every plan filing. Find an old Steel Services 401(k)

Data from the public Form 5500 annual reports Steel Services 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 Services. Not financial advice. Report a correction · Methodology