Department of Labor filing

O'NEAL STEEL, INC.

O'NEAL STEEL 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 6, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

75filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,305

Reported employer contributions per active participant.

Higher than about 66% of comparable plans

#People in the filing

3,140

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$13 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 96% of comparable plans

↗Investment performance

Not available

Plan assets changed 11.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202475out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions66th percentileTypical peer $2,396 · based on 101 comparable plans

Lower reported administrative expense96th percentileTypical peer $71 · based on 100 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, O'NEAL STEEL, INC. reported $10,377,951 in employer contributions across the plan and 3,140 active participants. That works out to $3,305 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy81%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 12.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 211.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context75/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $10,377,951
Participant contributions: $18,684,624
Other contributions: $5,797,556
Employer share of reported contributions: 35.7%
Beginning assets: $381,968,388
Ending assets: $426,412,346
Ending net assets: $426,412,346
Ending liabilities: $0
Total income: $94,660,852
Total expenses: $50,216,894
Administrative expenses: $51,810
Participant loans: $5,969,866

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,943

2023

$3,155

2024

$3,305

Plan-paid administrative expenses per participant

2022

2023

2024

$13

Active participants

2022

2,973

2023

3,146

2024

3,140

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,305	3,140	426.4M	20251006092006NAL0003408225001
2023	$3,155	3,146	382M	20241008104320NAL0008271315001
2022	$2,943	2,973	320.7M	20230925140707NAL0005007875001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 630196990-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 30, 1960
Industry: Wholesale trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2F2G2J2K2T3H2E3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251006092006NAL0003408225001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗