STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION
Plan Contact
- Address: 500 NORTH WALNUT STREET,BURNHAM,PA
- Contact person: ANGELA WOLFLEY
- Phone: (717) 248-4911
Plan General Information
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is $21,193,526.00.This plan was established in 1989.
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is 122
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Average Participant Retirement Account Value
In 2023, the average participant retirement account value for STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is $173,717.00
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is $8,052.00.
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is approximately $7,367.00
Investing in this additonal $7,367.00 for 20 years would give you extra $471,520.00, assuming a 10% annual return.
Investing in this additonal $7,367.00 for 20 years would give you extra $471,520.00, assuming a 10% annual return.
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Total Employer Contribution and Match Rate
In 2023, STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION allocates $898,836.00 to match its employees' contributions, providing an employer match rate of 94.20% of their contributions
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is 11.39%.
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is 16.80%. This measures the effectiveness of the plan participants' investments in the year.
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION Expense Ratio
In 2023, the investment and administrative expense ratio of STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION is 0.22%.
Enrollment Features
STANDARD STEEL, LLC THRIFT PLAN FOR SALARIED EMPLOYEES OF THE STANDARD STEEL DIVISION has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Recent Articles
- February 2025 MyPlanIQ Portfolio Update
- Maximizing Your Savings & Investments: The Power of 1% Over Time
- Key Retirement Ages: Essential Milestones for 401(k), IRA, Solo 401(k), SEP IRA, Social Security & Medicare
- Dividend Income Investments: Benefits and Pitfalls
- Rule of Thumb: The 50/30/20 Budget Rule
- Option-Based Income Funds: Pros and Cons
- 9 Lessons From Retirees’ Biggest Retirement Regrets
- Top 15 ETFs for Self-Directed Brokerage Accounts or Brokerage Window in 401(k) Plans
- Top 15 Large Companies with the Highest Employer Match Rate per Employee
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …