Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › ISG Georgetown
ISG Georgetown 401(k)
- Manufacturing
- Georgetown, SC
- EIN 20-1268535
- 1 plan with Schedule H financials
- Plan year 2024
- ISG Georgetown Inc.
- filed as Liberty Steel Georgetown, Inc.
Administrative expenses excluding investment management, per participant · Liberty Steel 401(k) Plan for Non Union Employees · plan year 2024
$267.94
Higher than 87% of the 14,713 plans $1 to 10M that report it.
Source
= $26,794 / 100
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250925142543NAL0010612547001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925142543NAL0010612547001, received 2025-09-25
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-25.
Cost and contributions
Administrative expenses per participant
$267.94
Higher than 76% of the 15,210 plans $1 to 10M that report it.
Source
= $26,794 / 100
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925142543NAL0010612547001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925142543NAL0010612547001, received 2025-09-25
Administrative expenses as a share of assets
0.826%
Higher than 77% of the 15,243 plans $1 to 10M that report it.
Source
= $26,794 / $3,244,862
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925142543NAL0010612547001, received 2025-09-25
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250925142543NAL0010612547001, received 2025-09-25
Employer contributions per participant
$1,210
Higher than 46% of the 13,342 plans $1 to 10M that report it.
Source
= $121,035 / 100
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925142543NAL0010612547001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925142543NAL0010612547001, received 2025-09-25
Employer share of total contributions
26.6%
Higher than 42% of the 13,370 plans $1 to 10M that report it.
Source
= $121,035 / $454,940
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925142543NAL0010612547001, received 2025-09-25
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250925142543NAL0010612547001, received 2025-09-25
Plan terms, as stated in ISG Georgetown Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2A age/service-weighted · 2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2G fully participant-directed · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250925142543NAL0010612547001, received 2025-09-25
Full record, Liberty Steel 401(k) Plan for Non Union Employees
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LIBERTY STEEL GEORGETOWN, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Plan name | LIBERTY STEEL 401(K) PLAN FOR NON UNION EMPLOYEES | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Sponsor EIN / plan number | 20-1268535 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Sponsor location | GEORGETOWN, SC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Industry (business code) | 331110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Filing received | 2025-09-25 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Participants, beginning of year | 120 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Active participants | 89 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Participants, end of year | 120 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Participants with an account balance | 100 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Total assets, beginning of year | $2,569,489 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Total assets, end of year | $3,244,862 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Net assets, end of year | $3,244,862 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Total income | $789,079 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Net income | $472,762 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Employer contributions | $121,035 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Participant contributions | $333,905 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Total contributions | $454,940 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Benefit payments | $270,195 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Total expenses (incl. benefit payments) | $316,317 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Total administrative expenses | $26,794 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Contract administrator fees | $26,794 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Administrative expenses excluding investment management | $26,794 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Held in common/collective trusts | $269,886 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Held in mutual funds | $2,589,621 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250925142543NAL0010612547001, received 2025-09-25 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250925142543NAL0010612547001, received 2025-09-25 |
Position = column in the DOL layout for form year 2024. Filing 20250925142543NAL0010612547001, received 2025-09-25.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE FINWAY GROUP | CONTRACT ADMIN | 13 Contract administrator | $11,229 | no |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | 28 Investment management | $9,066 | no |
| LARSON ALLEN LLP | AUDITOR | 10 Accounting (including auditing) | $5,145 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250925142543NAL0010612547001, received 2025-09-25.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,569,489 | $3,244,862 | 26.3% |
| Participants with a balance | 109 | 100 | -8.3% |
| Administrative expenses | $11,533 | $26,794 | 132.3% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $124,116 | $121,035 | -2.5% |
Prior filing 20250117105622NAL0014755011001, received 2025-01-17; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: LIBERTY STEEL GEORGETOWN, INC.; SEC registrant: ISG Georgetown Inc. (CIK 1301118, matched by EIN).