Majestic Steel Usa, Inc. 401(k) Plan: Login, Facts & Contact Information
Majestic Steel Usa, Inc. 401(k) Login
131 former Majestic Steel Usa, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Majestic Steel Usa, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $4.07 million went into the plan in contributions, $1.47 million of it from the employer (36%).
- $3.45 million was paid out to participants.
- Investment and other income added $5.68 million.
- Administrative expenses were $100,325, about $180 per account.
How the Majestic Steel Usa, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 353 | $23.7 million | $962,779 | $2.96 million |
| 2020 | 375 | $28.7 million | $1.02 million | $1.66 million |
| 2021 | 367 | $34.9 million | $1.46 million | $2.05 million |
| 2022 | 435 | $32.7 million | $1.57 million | $2.00 million |
| 2023 | 559 | $39.6 million | $1.36 million | $2.99 million |
| 2024 | 513 | $45.8 million | $1.47 million | $3.45 million |
Majestic Steel Usa, Inc. 401(k) Contact Information
Questions about the Majestic Steel Usa, Inc. 401(k)
Does Majestic Steel Usa, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.47 million, 36% of all contributions.
Does the Majestic Steel Usa, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Majestic Steel Usa, Inc 401(k) plan?
513 participants at the start of plan year 2024, 439 of them active employees, and 131 former employees who still had money in the plan.
What is the average 401(k) balance at Majestic Steel Usa, Inc?
About $82,332 per account: $45.8 million in plan assets across 556 accounts with a balance at the end of plan year 2024.
Who manages the Majestic Steel Usa, Inc 401(k) accounts?
Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES INC) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Majestic Steel Usa, Inc. How do I access my 401(k)?
Your account stays with Schwab Retirement Plan Services 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.