Optima Specialty Steel Inc.
Plan context: Optima Specialty Steel 401(K) Retirement Savings Plan
EIN 26-4430641 • Hammond, IN • 33 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
628
2024 Assets
$76,347,792
2024 Contributions
$4,625,685
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 3 | 628 | $76,347,792 | $4,625,685 | $7,366iApproximate average salary by contribution assumption: employee only about $184,144 at 4% or $122,762 at 6%; with 50% employer match about $122,762 at 4% or $81,842 at 6%; with 100% employer match about $92,072 at 4% or $61,381 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 221 | $50,886,613 | $2,169,440 | $9,816iApproximate average salary by contribution assumption: employee only about $245,412 at 4% or $163,608 at 6%; with 50% employer match about $163,608 at 4% or $109,072 at 6%; with 100% employer match about $122,706 at 4% or $81,804 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 417 | $25,461,179 | $2,456,245 | $5,890iApproximate average salary by contribution assumption: employee only about $147,257 at 4% or $98,171 at 6%; with 50% employer match about $98,171 at 4% or $65,448 at 6%; with 100% employer match about $73,628 at 4% or $49,086 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 628 | - | - | - |
| 2023 | 3 | 643 | $69,013,600 | $4,968,893 | $7,728iApproximate average salary by contribution assumption: employee only about $193,192 at 4% or $128,795 at 6%; with 50% employer match about $128,795 at 4% or $85,863 at 6%; with 100% employer match about $96,596 at 4% or $64,397 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 214 | $46,601,382 | $2,356,219 | $11,010iApproximate average salary by contribution assumption: employee only about $275,259 at 4% or $183,506 at 6%; with 50% employer match about $183,506 at 4% or $122,337 at 6%; with 100% employer match about $137,630 at 4% or $91,753 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 424 | $22,412,218 | $2,612,674 | $6,162iApproximate average salary by contribution assumption: employee only about $154,049 at 4% or $102,699 at 6%; with 50% employer match about $102,699 at 4% or $68,466 at 6%; with 100% employer match about $77,025 at 4% or $51,350 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 643 | - | - | - |
| 2022 | 3 | 663 | $59,547,079 | $5,203,137 | $7,848iApproximate average salary by contribution assumption: employee only about $196,197 at 4% or $130,798 at 6%; with 50% employer match about $130,798 at 4% or $87,199 at 6%; with 100% employer match about $98,098 at 4% or $65,399 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 221 | $40,816,290 | $2,834,335 | $12,825iApproximate average salary by contribution assumption: employee only about $320,626 at 4% or $213,751 at 6%; with 50% employer match about $213,751 at 4% or $142,501 at 6%; with 100% employer match about $160,313 at 4% or $106,875 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 428 | $18,730,789 | $2,368,802 | $5,535iApproximate average salary by contribution assumption: employee only about $138,365 at 4% or $92,243 at 6%; with 50% employer match about $92,243 at 4% or $61,495 at 6%; with 100% employer match about $69,182 at 4% or $46,122 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 663 | - | - | - |
| 2021 | 3 | 659 | $72,958,940 | $4,523,854 | $6,865iApproximate average salary by contribution assumption: employee only about $171,618 at 4% or $114,412 at 6%; with 50% employer match about $114,412 at 4% or $76,275 at 6%; with 100% employer match about $85,809 at 4% or $57,206 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 216 | $49,199,850 | $2,314,973 | $10,717iApproximate average salary by contribution assumption: employee only about $267,937 at 4% or $178,624 at 6%; with 50% employer match about $178,624 at 4% or $119,083 at 6%; with 100% employer match about $133,968 at 4% or $89,312 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 430 | $23,759,090 | $2,208,881 | $5,137iApproximate average salary by contribution assumption: employee only about $128,423 at 4% or $85,616 at 6%; with 50% employer match about $85,616 at 4% or $57,077 at 6%; with 100% employer match about $64,212 at 4% or $42,808 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 659 | - | - | - |
| 2020 | 3 | 704 | $66,139,768 | $4,409,329 | $6,263iApproximate average salary by contribution assumption: employee only about $156,581 at 4% or $104,388 at 6%; with 50% employer match about $104,388 at 4% or $69,592 at 6%; with 100% employer match about $78,291 at 4% or $52,194 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 231 | $44,344,172 | $2,583,612 | $11,184iApproximate average salary by contribution assumption: employee only about $279,612 at 4% or $186,408 at 6%; with 50% employer match about $186,408 at 4% or $124,272 at 6%; with 100% employer match about $139,806 at 4% or $93,204 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 414 | $21,795,596 | $1,825,717 | $4,410iApproximate average salary by contribution assumption: employee only about $110,249 at 4% or $73,499 at 6%; with 50% employer match about $73,499 at 4% or $48,999 at 6%; with 100% employer match about $55,124 at 4% or $36,750 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 704 | - | - | - |
| 2019 | 3 | 831 | $65,017,534 | $6,496,592 | $7,818iApproximate average salary by contribution assumption: employee only about $195,445 at 4% or $130,297 at 6%; with 50% employer match about $130,297 at 4% or $86,864 at 6%; with 100% employer match about $97,723 at 4% or $65,148 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 288 | $45,017,705 | $4,156,464 | $14,432iApproximate average salary by contribution assumption: employee only about $360,804 at 4% or $240,536 at 6%; with 50% employer match about $240,536 at 4% or $160,357 at 6%; with 100% employer match about $180,402 at 4% or $120,268 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 484 | $19,999,829 | $2,340,128 | $4,835iApproximate average salary by contribution assumption: employee only about $120,874 at 4% or $80,583 at 6%; with 50% employer match about $80,583 at 4% or $53,722 at 6%; with 100% employer match about $60,437 at 4% or $40,291 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 831 | - | - | - |
| 2018 | 3 | 911 | $54,269,783 | $5,533,856 | $6,074iApproximate average salary by contribution assumption: employee only about $151,862 at 4% or $101,241 at 6%; with 50% employer match about $101,241 at 4% or $67,494 at 6%; with 100% employer match about $75,931 at 4% or $50,621 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 341 | $38,056,164 | $3,455,237 | $10,133iApproximate average salary by contribution assumption: employee only about $253,316 at 4% or $168,878 at 6%; with 50% employer match about $168,878 at 4% or $112,585 at 6%; with 100% employer match about $126,658 at 4% or $84,439 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 547 | $16,213,619 | $2,078,619 | $3,800iApproximate average salary by contribution assumption: employee only about $95,001 at 4% or $63,334 at 6%; with 50% employer match about $63,334 at 4% or $42,223 at 6%; with 100% employer match about $47,500 at 4% or $31,667 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 911 | - | - | - |
| 2017 | 3 | 1,219 | $59,291,846 | $4,950,049 | $4,061iApproximate average salary by contribution assumption: employee only about $101,519 at 4% or $67,679 at 6%; with 50% employer match about $67,679 at 4% or $45,119 at 6%; with 100% employer match about $50,759 at 4% or $33,840 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 321 | $42,389,340 | $3,262,033 | $10,162iApproximate average salary by contribution assumption: employee only about $254,052 at 4% or $169,368 at 6%; with 50% employer match about $169,368 at 4% or $112,912 at 6%; with 100% employer match about $127,026 at 4% or $84,684 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 507 | $16,902,506 | $1,688,016 | $3,329iApproximate average salary by contribution assumption: employee only about $83,236 at 4% or $55,490 at 6%; with 50% employer match about $55,490 at 4% or $36,994 at 6%; with 100% employer match about $41,618 at 4% or $27,745 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 1,219 | - | - | - |
| 2016 | 3 | 1,210 | $51,768,504 | $3,863,578 | $3,193iApproximate average salary by contribution assumption: employee only about $79,826 at 4% or $53,217 at 6%; with 50% employer match about $53,217 at 4% or $35,478 at 6%; with 100% employer match about $39,913 at 4% or $26,609 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 319 | $37,630,911 | $2,684,401 | $8,415iApproximate average salary by contribution assumption: employee only about $210,376 at 4% or $140,251 at 6%; with 50% employer match about $140,251 at 4% or $93,501 at 6%; with 100% employer match about $105,188 at 4% or $70,125 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 477 | $14,137,593 | $1,179,177 | $2,472iApproximate average salary by contribution assumption: employee only about $61,802 at 4% or $41,201 at 6%; with 50% employer match about $41,201 at 4% or $27,467 at 6%; with 100% employer match about $30,901 at 4% or $20,601 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 1,210 | - | - | - |
| 2015 | 3 | 1,182 | $43,751,155 | $4,381,302 | $3,707iApproximate average salary by contribution assumption: employee only about $92,667 at 4% or $61,778 at 6%; with 50% employer match about $61,778 at 4% or $41,185 at 6%; with 100% employer match about $46,334 at 4% or $30,889 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 352 | $34,034,520 | $3,272,810 | $9,298iApproximate average salary by contribution assumption: employee only about $232,444 at 4% or $154,963 at 6%; with 50% employer match about $154,963 at 4% or $103,308 at 6%; with 100% employer match about $116,222 at 4% or $77,481 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 497 | $9,716,635 | $1,108,492 | $2,230iApproximate average salary by contribution assumption: employee only about $55,759 at 4% or $37,173 at 6%; with 50% employer match about $37,173 at 4% or $24,782 at 6%; with 100% employer match about $27,880 at 4% or $18,586 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 1,182 | - | - | - |
| 2014 | 3 | 1,518 | $44,373,149 | $4,050,526 | $2,668iApproximate average salary by contribution assumption: employee only about $66,708 at 4% or $44,472 at 6%; with 50% employer match about $44,472 at 4% or $29,648 at 6%; with 100% employer match about $33,354 at 4% or $22,236 at 6%. |
| Optima Specialty Steel 401(K) Retirement Savings Plan | - | 328 | $34,143,226 | $2,909,925 | $8,872iApproximate average salary by contribution assumption: employee only about $221,793 at 4% or $147,862 at 6%; with 50% employer match about $147,862 at 4% or $98,575 at 6%; with 100% employer match about $110,897 at 4% or $73,931 at 6%. |
| Optima Specialty Steel Union 401(K) Retirement Savings Plan | - | 393 | $10,229,923 | $1,140,601 | $2,902iApproximate average salary by contribution assumption: employee only about $72,557 at 4% or $48,372 at 6%; with 50% employer match about $48,372 at 4% or $32,248 at 6%; with 100% employer match about $36,279 at 4% or $24,186 at 6%. |
| Optima Specialty Steel Medical Plan and Group Insurance Plan | - | 1,518 | - | - | - |