Arcelormittal Tubular Products Shelby LLC 401(k) Review & Grade
Arcelormittal Tubular Products Shelby LLC Savings Plan for Production and Maintenance Employees
Pittsburgh, PAManufacturing520 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,125Employer $ per active participant
$4,070Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$46.8MNet plan assets, end of year
$103,193Average balance per account
Score breakdown
- Employer generosity22.9 / 5046th percentile for employer $ per participant
- Low cost12.7 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 51th |
| Employee saving | 38th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Arcelormittal Tubular Products Shelby put in about $2,125 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,105,070 |
| Participant (employee) contributions | $2,116,338 |
| Other contributions (incl. rollovers in) | $397,515 |
| Administrative expenses paid from the plan | $102,112 |
| Other admin expenses | $102,112 |
| Benefits paid out | $6,680,501 |
| Net assets, start / end of year | $43.9M / $46.8M |
| Active participants, start / end of year | 536 / 504 |
| Participants with account balances | 454 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sisterson & Co., LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $79,862 reported compensation |
| Mercer Investments LLC | $26,250 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014154513NAL0001637827001, received 2025-10-14, EIN 98-0467851, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.