Zekelman Industries (Formerly JMC Steel) 401(k) match, vesting and fees

Plan year 2024 filingZekelman Industries Employees 401(k) and Pension Plan · Plan 005 · EIN 23-1327437Updated Oct 2026

What Zekelman Industries (Formerly JMC Steel)'s 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $10.5M in employer contributions, about $4,288 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$91,464
Average account balance
2,654
Participants (end of year)
$223M
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.

RecordkeeperSchwab Retirement Plan ServicesSchedule C ↗
Independent auditorCbiz Cpas P.C. (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 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Zekelman Industries (Formerly JMC Steel): employer contribution per participant$4,288
Peer median$2,413
Zekelman Industries (Formerly JMC Steel): average balance$91,464
Peer median$86,456
Zekelman Industries (Formerly JMC Steel): admin expenses ÷ assets0.06%
Peer median0.12%

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 $201M at the end of plan year 2021 to $223M at the end of plan year 2024.

$201M2021$170M2022$207M2023$223M2024
End-of-year figures from each plan year's Form 5500 filing for the Zekelman Industries (Formerly JMC Steel) plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20242,654$223M$10.5M$4,2880.06%Not publishedForm 5500 ↗
20232,462$207M$9.4M$4,1560.07%Not publishedForm 5500 ↗
20221,939$170M$9.4M$5,1840.06%Not publishedForm 5500 ↗
20211,675$201M$7.6M$4,9150.06%Not publishedForm 5500 ↗

Other Zekelman Industries (Formerly JMC Steel) plans (3)

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

Zekelman Industries Collectively Bargained Employees 401(k) Plan

Plan 012 · EIN 23-1327437 · plan year 2024 filing
$143,241
Average account balance
1,197
Participants (end of year)
$137M
Plan assets (end of year)
0.05%
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.

RecordkeeperSchwab Retirement Plan Services IncSchedule C ↗
Independent auditorCbiz Cpa S PC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

John Maneely Company Pension Plan

Plan 011 · EIN 23-1327437 · plan year 2024 filing
$232,125
Average account balance
658
Participants (end of year)
$153M
Plan assets (end of year)
0.63%
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.

Independent auditorCbiz Cpas P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Employees Pension Plan for Sharon Tube Company

Plan 013 · EIN 23-1327437 · plan year 2024 filing
$291,486
Average account balance
295
Participants (end of year)
$86M
Plan assets (end of year)
0.27%
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.

Independent auditorCbiz Cpas P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Zekelman Industries (Formerly JMC Steel) match 401(k) contributions?

The match terms for the Zekelman Industries Employees 401(k) and Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $10.5M in employer contributions, about $4,288 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Zekelman Industries (Formerly JMC Steel) 401(k) match vested?

The vesting schedule for the Zekelman Industries Employees 401(k) and Pension Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Zekelman Industries (Formerly JMC Steel) 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services. The plan administrator is Zekelman Industries (Formerly Jmc Steel).

I left Zekelman Industries (Formerly JMC Steel). How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Zekelman Industries (Formerly Jmc Steel), (312) 275-1600) or the recordkeeper, Schwab Retirement Plan Services. The Zekelman Industries (Formerly JMC Steel) old 401(k) page lists the contacts from every plan filing. Find an old Zekelman Industries (Formerly JMC Steel) 401(k)

Data from the public Form 5500 annual reports Zekelman Industries (Formerly JMC Steel) 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 Zekelman Industries (Formerly JMC Steel). Not financial advice. Report a correction · Methodology