401k Record

Employers › Optima Specialty Steel

Optima Specialty Steel 401(k)

Recordkeeping fees per participant · largest plan, Specialty Steel Works Incorporated 401(k) Retirement Savings Plan · plan year 2024

$29.25

Higher than 24% of the 5,847 plans $50 to 250M that report it.

Source

= $9,331 / 319
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008151359NAL0003383491001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008151359NAL0003383491001, received 2025-10-08

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-08.

Largest plan, all six figures: Specialty Steel Works Incorporated 401(k) Retirement Savings Plan

Recordkeeping fees per participantheadline

$29.25

10th: $10.22median $69.9190th: $151.08

Higher than 24% of the 5,847 plans $50 to 250M that report it.

Source

= $9,331 / 319
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008151359NAL0003383491001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008151359NAL0003383491001, received 2025-10-08

Administrative expenses excluding investment management, per participant

$33.01

10th: $16.21median $93.2090th: $246.84

Higher than 18% of the 8,758 plans $50 to 250M that report it.

Source

= $10,531 / 319
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008151359NAL0003383491001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008151359NAL0003383491001, received 2025-10-08

Administrative expenses per participant

$123.81

10th: $29.39median $132.8490th: $350.58

Higher than 46% of the 9,042 plans $50 to 250M that report it.

Source

= $39,495 / 319
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008151359NAL0003383491001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008151359NAL0003383491001, received 2025-10-08

Administrative expenses as a share of assets

0.078%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 29% of the 9,049 plans $50 to 250M that report it.

Source

= $39,495 / $50,886,613
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008151359NAL0003383491001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008151359NAL0003383491001, received 2025-10-08

Employer contributions per participant

$2,018

10th: $965median $2,73890th: $8,164

Higher than 33% of the 9,105 plans $50 to 250M that report it.

Source

= $643,770 / 319
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008151359NAL0003383491001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008151359NAL0003383491001, received 2025-10-08

Employer share of total contributions

29.7%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 51% of the 9,112 plans $50 to 250M that report it.

Source

= $643,770 / $2,169,440
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008151359NAL0003383491001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008151359NAL0003383491001, received 2025-10-08

Plan terms, as stated in Optima Specialty Steel, Inc.'s SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
Specialty Steel Works Incorporated 401(k) Retirement Savings Plan$50,886,613319 $29.25 recordkeeping fees per participant2024
Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan$25,461,179509 $87.30 recordkeeping fees per participant2024

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Sponsor name as filed: SPECIALTY STEEL WORKS INCORPORATED; SEC registrant: Optima Specialty Steel, Inc. (CIK 1569729, matched by EIN).