New Process Steel, L.p. 401(k) Plan: Login, Facts & Contact Information

New Process Steel, L.p. 401(k) Plan Facts

Plan name
NEW PROCESS STEEL, L.P. EMPLOYEE RETIREMENT & SAVINGS TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEW PROCESS STEEL, L.P.
Participants
637 (428 active employees)
Former employees with a balance
193
Plan assets
$40,563,800 at Dec 31, 2024
Average account balance
$65,957 across 615 accounts
Employer contributions
$1,073,116 in plan year 2024 (35% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 20, 1972
✓ 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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.11 million went into the plan in contributions, $1.07 million of it from the employer (35%).
  • $4.56 million was paid out to participants.
  • Investment and other income added $4.52 million.
  • Administrative expenses were $102,352, about $166 per account.

How the New Process Steel, L.p. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019628$36.6 million$1.04 million$5.30 million
2020609$35.7 million$365,775$5.98 million
2021553$40.6 million$915,685$1.95 million
2022592$32.8 million$1.01 million$4.97 million
2023644$37.6 million$1.07 million$2.68 million
2024637$40.6 million$1.07 million$4.56 million

New Process Steel, L.p. 401(k) Contact Information

Phone
713-686-9631
Mailing address
1322 N POST OAK, HOUSTON TX 77055
Plan sponsor
NEW PROCESS STEEL, L.P.
Employer identification number (EIN)
76-0621168
Plan number
001

Questions about the New Process Steel, L.p. 401(k)

Does New Process Steel, L.p contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.07 million, 35% of all contributions.

Does the New Process Steel, L.p 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the New Process Steel, L.p 401(k) plan?

637 participants at the start of plan year 2024, 428 of them active employees, and 193 former employees who still had money in the plan.

What is the average 401(k) balance at New Process Steel, L.p?

About $65,957 per account: $40.6 million in plan assets across 615 accounts with a balance at the end of plan year 2024.

Who manages the New Process Steel, L.p 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 New Process Steel, L.p. 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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