Sme Industries, Inc. 401(k) Plan: Login, Facts & Contact Information

Sme Industries, Inc. 401(k) Plan Facts

Plan name
SME 401(K) EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SME STEEL CONTRACTORS, INC.
Participants
1,179 (956 active employees)
Former employees with a balance
388
Plan assets
$17,525,725 at Dec 31, 2024
Average account balance
$13,328 across 1,315 accounts
Employer contributions
$1,960,709 in plan year 2024 (37% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.33 million went into the plan in contributions, $1.96 million of it from the employer (37%).
  • $2.78 million was paid out to participants.
  • Investment and other income added $1.07 million.
  • Administrative expenses were $55,819, about $42 per account.

How the Sme Industries, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019888$6.25 million—$795,890
2020943$7.57 million—$988,450
2021899$9.13 million—$1.27 million
2022929$9.89 million$762,017$1.00 million
20231,033$14.1 million$1.63 million$1.52 million
20241,179$17.5 million$1.96 million$2.78 million

Sme Industries, Inc. 401(k) Contact Information

Phone
801-280-0711
Mailing address
5801 WEST WELLS PARK ROAD, WEST JORDAN UT 84081
Plan sponsor
SME STEEL CONTRACTORS, INC.
Employer identification number (EIN)
87-0495960
Plan number
001

Questions about the Sme Industries, Inc. 401(k)

Does Sme Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.96 million, 37% of all contributions.

Does the Sme Industries, Inc 401(k) have automatic enrollment?

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

How many people are in the Sme Industries, Inc 401(k) plan?

1,179 participants at the start of plan year 2024, 956 of them active employees, and 388 former employees who still had money in the plan.

What is the average 401(k) balance at Sme Industries, Inc?

About $13,328 per account: $17.5 million in plan assets across 1,315 accounts with a balance at the end of plan year 2024.

Who manages the Sme Industries, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Empower 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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