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

Spartanburg Steel Holdings, Inc. 401(k) Plan Facts

Plan name
SPARTANBURG STEEL PRODUCTS, INC. SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SPARTANBURG STEEL PRODUCTS, INC.
Participants
124 (61 active employees)
Former employees with a balance
39
Plan assets
$9,244,820 at Dec 31, 2024
Average account balance
$91,533 across 101 accounts
Employer contributions
$409,020 in plan year 2024 (41% of all contributions)
Recordkeeper
Empower Annuity Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ 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 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.01 million went into the plan in contributions, $409,020 of it from the employer (41%).
  • $880,224 was paid out to participants.
  • Investment and other income added $1.22 million.
  • Administrative expenses were $62,855, about $622 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019116$8.78 million$33,209$690,936
2020116$8.86 million$26,912$1.06 million
2021115$8.47 million$202,463$1.95 million
2022122$6.94 million$246,956$764,952
2023129$7.98 million$309,909$1.44 million
2024124$9.24 million$409,020$880,224

Spartanburg Steel Holdings, Inc. 401(k) Contact Information

Phone
864-585-5211
Mailing address
1290 NEW CUT ROAD, SPARTANBURG SC 29303
Plan sponsor
SPARTANBURG STEEL PRODUCTS, INC.
Employer identification number (EIN)
31-1039895
Plan number
003

Questions about the Spartanburg Steel Holdings, Inc. 401(k)

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $409,020, 41% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

124 participants at the start of plan year 2024, 61 of them active employees, and 39 former employees who still had money in the plan.

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

About $91,533 per account: $9.24 million in plan assets across 101 accounts with a balance at the end of plan year 2024.

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

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

I no longer work at Spartanburg Steel Holdings, 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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