Steel Service Corporation 401(k) Plan: Login, Facts & Contact Information
Steel Service Corporation 401(k) Login
31 former Steel Service Corporation employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Steel Service Corporation 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Sep 27, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $406,402 went into the plan in contributions, $109,242 of it from the employer (27%).
- $1.29 million was paid out to participants.
- Administrative expenses were $29,545, about $321 per account.
How the Steel Service Corporation 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 165 | $5.40 million | $88,459 | $271,524 |
| 2018 | 165 | $5.09 million | $78,025 | $153,648 |
| 2019 | 139 | $6.39 million | $71,632 | $171,301 |
| 2020 | 145 | $6.74 million | $87,212 | $947,944 |
| 2021 | 156 | $6.93 million | $105,529 | $1.08 million |
| 2022 | 170 | $4.71 million | $109,242 | $1.29 million |
Steel Service Corporation 401(k) Contact Information
Questions about the Steel Service Corporation 401(k)
Does Steel Service Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $109,242, 27% of all contributions.
Does the Steel Service Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Steel Service Corporation 401(k) plan?
170 participants at the start of plan year 2022, 115 of them active employees, and 31 former employees who still had money in the plan.
What is the average 401(k) balance at Steel Service Corporation?
About $51,156 per account: $4.71 million in plan assets across 92 accounts with a balance at the end of plan year 2022.
Who manages the Steel Service Corporation 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 Steel Service Corporation. 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.