United States Steel Corporation and Affiliated Cos. 401(k) Review & Grade
Big River Steel 401(k) Plan
Pittsburgh, PAManufacturing1,317 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,572Employer $ per active participant
$8,113Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$63.6MNet plan assets, end of year
$38,264Average balance per account
Score breakdown
- Employer generosity34.8 / 5070th percentile for employer $ per participant
- Low cost15.0 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 60th |
| Employee saving | 81th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- United States Steel Corporation and Affiliated Cos. put in about $3,572 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $4,703,879 |
| Participant (employee) contributions | $10,685,350 |
| Other contributions (incl. rollovers in) | $1,953,090 |
| Administrative expenses paid from the plan | $94,617 |
| Investment advisory & management fees | $9,587 |
| Benefits paid out | $5,085,271 |
| Net assets, start / end of year | $49.6M / $63.6M |
| Active participants, start / end of year | 1,047 / 1,587 |
| Participants with account balances | 1,662 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pricewaterhousecoopers LLP |
| Employer stock held by plan | $8,608,500 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $85,020 reported compensation |
| Strategic Advisors, Inc. | $9,587 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250610160609NAL0011709619001, received 2025-06-10, EIN 25-1897152, plan #040, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.