TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is $27,676,812.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is 1657

In 2022, the average participant retirement account value for TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is $16,702

In 2022, the estimated average employee contribution amount per participant for TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is $1,036

In 2022, the estimated average employer match for an employee in TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is approximately $888

In 2022, TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN allocates $1,471,643 to match its employees’ contributions, providing an employer match rate of 89.96% of their contributions

In 2022, the total retirement plan asset growth rate of TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is 67.28%

In 2022, the estimated aggregate retirement account investment gain/loss for TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is 59.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN is 0.27%.

Enrollment Features

TMS INTERNATIONAL CORPORATION HOURLY EMPLOYEES 401(K) AND RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.