RYERSON SAVINGS 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 SAVINGS PLAN is $397,202,971.This plan was established in 1975.
At the end of 2022, the total number of retirement plan participants in RYERSON SAVINGS PLAN is 3442
In 2022, the average participant retirement account value for RYERSON SAVINGS PLAN is $115,398
In 2022, the estimated average employee contribution amount per participant for RYERSON SAVINGS PLAN is $4,499
In 2022, the estimated average employer match for an employee in RYERSON SAVINGS PLAN is approximately $2,392
In 2022, RYERSON SAVINGS PLAN allocates $8,235,398 to match its employees’ contributions, providing an employer match rate of 53.19% of their contributions
In 2022, the total retirement plan asset growth rate of RYERSON SAVINGS PLAN is -20.96%
In 2022, the estimated aggregate retirement account investment gain/loss for RYERSON SAVINGS PLAN is -17.69%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of RYERSON SAVINGS PLAN is 0.00%.
Enrollment Features
RYERSON SAVINGS 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.