401k Record

Employers › Sabel Steel Service

Sabel Steel Service 401(k)

Administrative expenses excluding investment management, per participant · Sabel Steel Service, Inc. 401(k) Plan · plan year 2024

$457.66

Higher than 96% of the 24,371 plans $10 to 50M that report it.

Source

= $59,954 / 131
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008091524NAL0005609121001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008091524NAL0005609121001, received 2025-10-08

10th: $15.36median $118.8890th: $340.63

Percentiles compare this plan with the Schedule H plans $10 to 50M 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.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$457.66

10th: $26.86median $197.2590th: $456.10

Higher than 90% of the 25,098 plans $10 to 50M that report it.

Source

= $59,954 / 131
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008091524NAL0005609121001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008091524NAL0005609121001, received 2025-10-08

Administrative expenses as a share of assets

0.458%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 77% of the 25,132 plans $10 to 50M that report it.

Source

= $59,954 / $13,078,904
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008091524NAL0005609121001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008091524NAL0005609121001, received 2025-10-08

Employer contributions per participant

$1,794

10th: $664median $2,07490th: $4,751

Higher than 42% of the 24,050 plans $10 to 50M that report it.

Source

= $235,000 / 131
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008091524NAL0005609121001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008091524NAL0005609121001, received 2025-10-08

Employer share of total contributions

26.3%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 44% of the 24,084 plans $10 to 50M that report it.

Source

= $235,000 / $895,094
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008091524NAL0005609121001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008091524NAL0005609121001, received 2025-10-08

Plan terms, as stated in Sabel Steel Service Inc's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 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) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008091524NAL0005609121001, received 2025-10-08

Full record, Sabel Steel Service, Inc. 401(k) Plan

FieldValueSource
Plan sponsorSABEL STEEL SERVICE INCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008091524NAL0005609121001, received 2025-10-08
Plan nameSABEL STEEL SERVICE, INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251008091524NAL0005609121001, received 2025-10-08
Sponsor EIN / plan number63-0961496 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008091524NAL0005609121001, received 2025-10-08
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008091524NAL0005609121001, received 2025-10-08
Sponsor locationMONTGOMERY, ALForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008091524NAL0005609121001, received 2025-10-08
Industry (business code)423500, Wholesale tradeForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008091524NAL0005609121001, received 2025-10-08
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008091524NAL0005609121001, received 2025-10-08
Filing received2025-10-08Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008091524NAL0005609121001, received 2025-10-08
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008091524NAL0005609121001, received 2025-10-08
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251008091524NAL0005609121001, received 2025-10-08
Participants, beginning of year142Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008091524NAL0005609121001, received 2025-10-08
Active participants126Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008091524NAL0005609121001, received 2025-10-08
Participants, end of year146Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008091524NAL0005609121001, received 2025-10-08
Participants with an account balance131Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008091524NAL0005609121001, received 2025-10-08
Total assets, beginning of year$11,688,366Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008091524NAL0005609121001, received 2025-10-08
Total assets, end of year$13,078,904Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008091524NAL0005609121001, received 2025-10-08
Net assets, end of year$13,078,904Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008091524NAL0005609121001, received 2025-10-08
Total income$2,118,501Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008091524NAL0005609121001, received 2025-10-08
Net income$1,390,538Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008091524NAL0005609121001, received 2025-10-08
Employer contributions$235,000Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008091524NAL0005609121001, received 2025-10-08
Participant contributions$480,594Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008091524NAL0005609121001, received 2025-10-08
Other contributions (incl. rollovers)$179,500Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008091524NAL0005609121001, received 2025-10-08
Total contributions$895,094Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008091524NAL0005609121001, received 2025-10-08
Benefit payments$668,009Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008091524NAL0005609121001, received 2025-10-08
Total expenses (incl. benefit payments)$727,963Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008091524NAL0005609121001, received 2025-10-08
Total administrative expenses$59,954Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008091524NAL0005609121001, received 2025-10-08
Contract administrator fees$59,954Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008091524NAL0005609121001, received 2025-10-08
Administrative expenses excluding investment management$59,954derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008091524NAL0005609121001, received 2025-10-08
Held in common/collective trusts$13,022,204Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008091524NAL0005609121001, received 2025-10-08
Independent auditorWARREN AVERETT, LLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008091524NAL0005609121001, received 2025-10-08

Position = column in the DOL layout for form year 2024. Filing 20251008091524NAL0005609121001, received 2025-10-08.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
PRINCIPAL LIFE INSURANCE COMPANYrecordkeeperCONTRACT ADMINISTRATOR 13 Contract administrator; 50 Direct payment from the plan; 64 Recordkeeping fees $59,954yes
RAYMOND JAMES & ASSOCIATES, INC.INVESTMENT ADVISORY 27 Investment advisory (plan); 99 Other fees $0yes

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 20251008091524NAL0005609121001, received 2025-10-08.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: SABEL STEEL SERVICE INC; SEC registrant: SABEL INDUSTRIES INC (CIK 912555, matched by EIN).