Ideal Steel, Inc. 401(k) Plan: Login, Facts & Contact Information

Ideal Steel, Inc. 401(k) Plan Facts

Plan name
IDEAL STEEL, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
IDEAL STEEL, INC.
Participants
200 (227 active employees)
Former employees with a balance
23
Plan assets
$7,830,608 at Dec 31, 2024
Average account balance
$67,505 across 116 accounts
Employer contributions
$172,614 in plan year 2024 (19% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $895,602 went into the plan in contributions, $172,614 of it from the employer (19%).
  • $308,604 was paid out to participants.
  • Investment and other income added $700,223.
  • Administrative expenses were $28,675, about $247 per account.

How the Ideal Steel, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019295$4.82 million$152,215$490,345
2020270$5.74 million$139,165$218,369
2021230$6.22 million$151,408$614,269
2022202$5.51 million$159,646$194,976
2023194$6.57 million$167,643$350,934
2024200$7.83 million$172,614$308,604

Ideal Steel, Inc. 401(k) Contact Information

Phone
541-689-0901
Mailing address
90693 LINK ROAD, EUGENE OR 97402
Plan sponsor
IDEAL STEEL, INC.
Employer identification number (EIN)
93-0959968
Plan number
001

Questions about the Ideal Steel, Inc. 401(k)

Does Ideal Steel, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $172,614, 19% of all contributions.

Does the Ideal Steel, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Ideal Steel, Inc 401(k) plan?

200 participants at the start of plan year 2024, 227 of them active employees, and 23 former employees who still had money in the plan.

What is the average 401(k) balance at Ideal Steel, Inc?

About $67,505 per account: $7.83 million in plan assets across 116 accounts with a balance at the end of plan year 2024.

Who manages the Ideal Steel, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ideal Steel, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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