Sims Metal Management 401(k) Plan: Login, Facts & Contact Information

Sims Metal Management 401(k) Plan Facts

Plan name
SIMS GROUP USA HOLDINGS CORP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SIMS GROUP USA HOLDINGS CORP
Participants
2,560 (2,119 active employees)
Former employees with a balance
565
Plan assets
$201,027,711 at Dec 31, 2024
Average account balance
$76,349 across 2,633 accounts
Employer contributions
$7,042,794 in plan year 2024 (33% 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 Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $21.6 million went into the plan in contributions, $7.04 million of it from the employer (33%).
  • $25.7 million was paid out to participants.
  • Investment and other income added $23.9 million.
  • Administrative expenses were $51,012, about $19 per account.

How the Sims Metal Management 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,266$145.2 million$4.53 million$14.6 million
20202,255$154.4 million$3.84 million$24.3 million
20211,992$176.5 million$4.30 million$11.0 million
20222,054$143.8 million$4.71 million$12.0 million
20232,206$181.3 million$6.21 million$11.0 million
20242,560$201.0 million$7.04 million$25.7 million

Sims Metal Management 401(k) Contact Information

Phone
312-856-7593
Mailing address
200 W MADISON STREET SUITE 3950, CHICAGO IL 60606
Plan sponsor
SIMS GROUP USA HOLDINGS CORP
Employer identification number (EIN)
20-3622384
Plan number
001

Questions about the Sims Metal Management 401(k)

Does Sims Metal Management contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.04 million, 33% of all contributions.

Does the Sims Metal Management 401(k) have automatic enrollment?

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

How many people are in the Sims Metal Management 401(k) plan?

2,560 participants at the start of plan year 2024, 2,119 of them active employees, and 565 former employees who still had money in the plan.

What is the average 401(k) balance at Sims Metal Management?

About $76,349 per account: $201.0 million in plan assets across 2,633 accounts with a balance at the end of plan year 2024.

Who manages the Sims Metal Management 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 Sims Metal Management. 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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