Employers › Radius Recycling
Recordkeeping fees per participant · Schnitzer Steel Industries, Inc. Retirement Plan · plan year 2024
$22.26
Higher than 19% of the 5,847 plans $50 to 250M that report it.
= $60,767 / 2,730
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250924125618NAL0009245891001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125618NAL0009245891001, received 2025-09-24
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 2025-09-24.
Administrative expenses excluding investment management, per participant
$22.48
Higher than 13% of the 8,758 plans $50 to 250M that report it.
= $61,367 / 2,730
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924125618NAL0009245891001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125618NAL0009245891001, received 2025-09-24
Administrative expenses per participant
$76.55
Higher than 26% of the 9,042 plans $50 to 250M that report it.
= $208,974 / 2,730
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924125618NAL0009245891001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125618NAL0009245891001, received 2025-09-24
Administrative expenses as a share of assets
0.110%
Higher than 41% of the 9,049 plans $50 to 250M that report it.
= $208,974 / $189,406,354
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924125618NAL0009245891001, received 2025-09-24
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924125618NAL0009245891001, received 2025-09-24
Employer contributions per participant
$2,160
Higher than 37% of the 9,105 plans $50 to 250M that report it.
= $5,896,716 / 2,730
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924125618NAL0009245891001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125618NAL0009245891001, received 2025-09-24
Employer share of total contributions
34.7%
Higher than 66% of the 9,112 plans $50 to 250M that report it.
= $5,896,716 / $16,977,509
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924125618NAL0009245891001, received 2025-09-24
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924125618NAL0009245891001, received 2025-09-24
Plan terms are described in Radius Recycling, Inc.'s SEC filings: Form 10-K filed 2024-10-24. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250924125618NAL0009245891001, received 2025-09-24
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SCHNITZER STEEL INDUSTRIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Plan name | SCHNITZER STEEL INDUSTRIES, INC. RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Sponsor EIN / plan number | 93-0341923 / 010 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Sponsor location | PORTLAND, OR | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Industry (business code) | 331200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Filing received | 2025-09-24 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Participants, beginning of year | 3,552 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Active participants | 2,439 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Participants, end of year | 3,228 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Participants with an account balance | 2,730 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Total assets, beginning of year | $180,475,479 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Total assets, end of year | $189,406,354 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Net assets, end of year | $189,406,354 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Total income | $38,035,162 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Net income | $8,751,170 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Employer contributions | $5,896,716 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Participant contributions | $9,801,007 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Other contributions (incl. rollovers) | $1,279,786 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Total contributions | $16,977,509 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Benefit payments | $29,041,374 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Total expenses (incl. benefit payments) | $29,283,992 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Total administrative expenses | $208,974 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Recordkeeping fees | $60,767 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Investment advisory and management fees | $147,607 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Administrative expenses excluding investment management | $61,367 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Held in mutual funds | $185,277,249 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250924125618NAL0009245891001, received 2025-09-24 |
| Independent auditor | CLIFTONLARSONALLEN, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250924125618NAL0009245891001, received 2025-09-24 |
Position = column in the DOL layout for form year 2024. Filing 20250924125618NAL0009245891001, received 2025-09-24.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | 28 Investment management; 26 Investment advisory (participants); 50 Direct payment from the plan | $128,289 | no |
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees; 59 Shareholder servicing fees | $53,297 | yes |
| CANTERBURY CONSULTING INC | NONE | 27 Investment advisory (plan) | $19,318 | no |
| QDRO CONSULTANTS | NONE | 99 Other fees; 16 Consulting (general); 50 Direct payment from the plan | $600 | 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 20250924125618NAL0009245891001, received 2025-09-24.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $180,475,479 | $189,406,354 | 4.9% |
| Participants with a balance | 2,854 | 2,730 | -4.3% |
| Administrative expenses | $170,641 | $208,974 | 22.5% |
| Recordkeeping fees per participant | $4.10 | $22.26 | 443.5% |
| Employer contributions | $5,939,807 | $5,896,716 | -0.7% |
Prior filing 20241003084948NAL0005593891001, received 2024-10-03; the plan years are contiguous.
Sponsor name as filed: SCHNITZER STEEL INDUSTRIES, INC.; SEC registrant: RADIUS RECYCLING, INC. (CIK 912603, matched by EIN; display name from the Form 10-K cover).