RYERSON COMBINED RETIREMENT PLAN
Overview
Plan Contact
- Address: 227 W. MONROE ST. 27TH FLOOR,CHICAGO,IL
- Contact person: RICHARD SMITH
- Phone: (630) 758-2236
Plan General Information
At the end of 2022, the total retirement plan assets of RYERSON COMBINED RETIREMENT PLAN is $21,370,679.This plan was established in 1954.
At the end of 2022, the total number of retirement plan participants in RYERSON COMBINED RETIREMENT PLAN is 450
In 2022, the average participant retirement account value for RYERSON COMBINED RETIREMENT PLAN is $47,490
In 2022, the estimated average employee contribution amount per participant for RYERSON COMBINED RETIREMENT PLAN is $2,002
In 2022, the estimated average employer match for an employee in RYERSON COMBINED RETIREMENT PLAN is approximately $1,249
In 2022, RYERSON COMBINED RETIREMENT PLAN allocates $562,276 to match its employees’ contributions, providing an employer match rate of 62.81% of their contributions
In 2022, the total retirement plan asset growth rate of RYERSON COMBINED RETIREMENT PLAN is -21.27%
In 2022, the estimated aggregate retirement account investment gain/loss for RYERSON COMBINED RETIREMENT PLAN is -19.54%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of RYERSON COMBINED RETIREMENT PLAN is 0.01%.
Enrollment Features
RYERSON COMBINED RETIREMENT PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.