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.