Employers › Maverick Tube
Recordkeeping fees per participant · Tenaris 401(k) Savings Plan · plan year 2024
$51.46
Higher than 52% of the 1,697 plans $250M to 1B that report it.
= $235,800 / 4,582
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251028085630NAL0006761585001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028085630NAL0006761585001, received 2025-10-28
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-28.
Administrative expenses excluding investment management, per participant
$59.14
Higher than 42% of the 2,324 plans $250M to 1B that report it.
= $270,975 / 4,582
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251028085630NAL0006761585001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028085630NAL0006761585001, received 2025-10-28
Administrative expenses per participant
$252.21
Higher than 94% of the 2,405 plans $250M to 1B that report it.
= $1,155,628 / 4,582
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251028085630NAL0006761585001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028085630NAL0006761585001, received 2025-10-28
Administrative expenses as a share of assets
0.316%
Higher than 98% of the 2,407 plans $250M to 1B that report it.
= $1,155,628 / $366,131,652
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251028085630NAL0006761585001, received 2025-10-28
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251028085630NAL0006761585001, received 2025-10-28
Employer contributions per participant
$5,689
Higher than 78% of the 2,457 plans $250M to 1B that report it.
= $26,069,061 / 4,582
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251028085630NAL0006761585001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028085630NAL0006761585001, received 2025-10-28
Employer share of total contributions
42.6%
Higher than 81% of the 2,459 plans $250M to 1B that report it.
= $26,069,061 / $61,216,354
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251028085630NAL0006761585001, received 2025-10-28
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251028085630NAL0006761585001, received 2025-10-28
Plan terms are described in Maverick Tube Corporation's SEC filings: Form 10-K filed 2006-03-14. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2X · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251028085630NAL0006761585001, received 2025-10-28
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MAVERICK TUBE CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Plan name | TENARIS 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Sponsor EIN / plan number | 43-1455766 / 008 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Sponsor location | HOUSTON, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Industry (business code) | 332900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Filing received | 2025-10-28 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Participants, beginning of year | 4,861 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Active participants | 3,524 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Participants, end of year | 4,793 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Participants with an account balance | 4,582 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Total assets, beginning of year | $301,143,386 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Total assets, end of year | $366,131,652 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Net assets, end of year | $366,131,652 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Total income | $96,621,848 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Net income | $65,006,191 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Employer contributions | $26,069,061 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Participant contributions | $31,495,721 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Other contributions (incl. rollovers) | $3,651,572 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Total contributions | $61,216,354 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Benefit payments | $30,445,452 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Total expenses (incl. benefit payments) | $31,615,657 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Total administrative expenses | $1,155,628 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Contract administrator fees | $7,875 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Recordkeeping fees | $235,800 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| IQPA audit fees | $27,300 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Investment advisory and management fees | $884,653 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Administrative expenses excluding investment management | $270,975 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Held in mutual funds | $331,025,904 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251028085630NAL0006761585001, received 2025-10-28 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251028085630NAL0006761585001, received 2025-10-28 |
Position = column in the DOL layout for form year 2024. Filing 20251028085630NAL0006761585001, received 2025-10-28.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $1,022,672 | no |
| MERCER INVESTMENT CONSULTING | NONE | 28 Investment management; 50 Direct payment from the plan | $61,772 | no |
| BKD LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $35,175 | no |
| CHARLES SCHWAB & CO.,INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 62 Float revenue; 71 Securities brokerage commissions and fees; 59 Shareholder servicing fees | $3,061 | yes |
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 20251028085630NAL0006761585001, received 2025-10-28.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $301,143,386 | $366,131,652 | 21.6% |
| Participants with a balance | 4,637 | 4,582 | -1.2% |
| Administrative expenses | $898,929 | $1,155,628 | 28.6% |
| Recordkeeping fees per participant | $46.57 | $51.46 | 10.5% |
| Employer contributions | $23,955,361 | $26,069,061 | 8.8% |
Prior filing 20241003142031NAL0010658353008, received 2024-10-03; the plan years are contiguous.
Sponsor name as filed: MAVERICK TUBE CORPORATION; SEC registrant: MAVERICK TUBE CORP (CIK 869087, matched by EIN).