Essar Steel Algoma Inc.
Plan context: Essar Steel 401K Plan
EIN 42-1768788 • Sault Ste. Marie, Ontario • 15 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
7
2024 Assets
$1,648,574
2024 Contributions
$172,566
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 | 1 | 7 | $1,648,574 | $172,566 | $24,652iApproximate average salary by contribution assumption: employee only about $616,307 at 4% or $410,871 at 6%; with 50% employer match about $410,871 at 4% or $273,914 at 6%; with 100% employer match about $308,154 at 4% or $205,436 at 6%. |
| Essar Steel 401K Plan | - | 7 | $1,648,574 | $172,566 | $24,652iApproximate average salary by contribution assumption: employee only about $616,307 at 4% or $410,871 at 6%; with 50% employer match about $410,871 at 4% or $273,914 at 6%; with 100% employer match about $308,154 at 4% or $205,436 at 6%. |
| 2023 | 1 | 6 | $1,296,131 | $165,338 | $27,556iApproximate average salary by contribution assumption: employee only about $688,908 at 4% or $459,272 at 6%; with 50% employer match about $459,272 at 4% or $306,181 at 6%; with 100% employer match about $344,454 at 4% or $229,636 at 6%. |
| Essar Steel 401K Plan | - | 6 | $1,296,131 | $165,338 | $27,556iApproximate average salary by contribution assumption: employee only about $688,908 at 4% or $459,272 at 6%; with 50% employer match about $459,272 at 4% or $306,181 at 6%; with 100% employer match about $344,454 at 4% or $229,636 at 6%. |
| 2022 | 1 | 5 | $1,448,424 | $114,791 | $22,958iApproximate average salary by contribution assumption: employee only about $573,955 at 4% or $382,637 at 6%; with 50% employer match about $382,637 at 4% or $255,091 at 6%; with 100% employer match about $286,978 at 4% or $191,318 at 6%. |
| Essar Steel 401K Plan | - | 5 | $1,448,424 | $114,791 | $22,958iApproximate average salary by contribution assumption: employee only about $573,955 at 4% or $382,637 at 6%; with 50% employer match about $382,637 at 4% or $255,091 at 6%; with 100% employer match about $286,978 at 4% or $191,318 at 6%. |
| 2021 | 1 | 6 | $1,652,158 | $128,214 | $21,369iApproximate average salary by contribution assumption: employee only about $534,225 at 4% or $356,150 at 6%; with 50% employer match about $356,150 at 4% or $237,433 at 6%; with 100% employer match about $267,113 at 4% or $178,075 at 6%. |
| Essar Steel 401K Plan | - | 6 | $1,652,158 | $128,214 | $21,369iApproximate average salary by contribution assumption: employee only about $534,225 at 4% or $356,150 at 6%; with 50% employer match about $356,150 at 4% or $237,433 at 6%; with 100% employer match about $267,113 at 4% or $178,075 at 6%. |
| 2020 | 1 | 6 | $1,361,472 | $137,135 | $22,856iApproximate average salary by contribution assumption: employee only about $571,396 at 4% or $380,931 at 6%; with 50% employer match about $380,931 at 4% or $253,954 at 6%; with 100% employer match about $285,698 at 4% or $190,465 at 6%. |
| Essar Steel 401K Plan | - | 6 | $1,361,472 | $137,135 | $22,856iApproximate average salary by contribution assumption: employee only about $571,396 at 4% or $380,931 at 6%; with 50% employer match about $380,931 at 4% or $253,954 at 6%; with 100% employer match about $285,698 at 4% or $190,465 at 6%. |
| 2019 | 1 | 8 | $1,833,110 | $161,956 | $20,245iApproximate average salary by contribution assumption: employee only about $506,113 at 4% or $337,408 at 6%; with 50% employer match about $337,408 at 4% or $224,939 at 6%; with 100% employer match about $253,056 at 4% or $168,704 at 6%. |
| Essar Steel 401K Plan | - | 8 | $1,833,110 | $161,956 | $20,245iApproximate average salary by contribution assumption: employee only about $506,113 at 4% or $337,408 at 6%; with 50% employer match about $337,408 at 4% or $224,939 at 6%; with 100% employer match about $253,056 at 4% or $168,704 at 6%. |
| 2018 | 1 | 9 | $1,362,220 | $172,330 | $19,148iApproximate average salary by contribution assumption: employee only about $478,694 at 4% or $319,130 at 6%; with 50% employer match about $319,130 at 4% or $212,753 at 6%; with 100% employer match about $239,347 at 4% or $159,565 at 6%. |
| Essar Steel 401K Plan | - | 9 | $1,362,220 | $172,330 | $19,148iApproximate average salary by contribution assumption: employee only about $478,694 at 4% or $319,130 at 6%; with 50% employer match about $319,130 at 4% or $212,753 at 6%; with 100% employer match about $239,347 at 4% or $159,565 at 6%. |
| 2017 | 1 | 9 | $1,285,496 | $165,229 | $18,359iApproximate average salary by contribution assumption: employee only about $458,969 at 4% or $305,980 at 6%; with 50% employer match about $305,980 at 4% or $203,986 at 6%; with 100% employer match about $229,485 at 4% or $152,990 at 6%. |
| Essar Steel 401K Plan | - | 9 | $1,285,496 | $165,229 | $18,359iApproximate average salary by contribution assumption: employee only about $458,969 at 4% or $305,980 at 6%; with 50% employer match about $305,980 at 4% or $203,986 at 6%; with 100% employer match about $229,485 at 4% or $152,990 at 6%. |
| 2016 | 1 | 9 | $940,538 | $116,903 | $12,989iApproximate average salary by contribution assumption: employee only about $324,731 at 4% or $216,487 at 6%; with 50% employer match about $216,487 at 4% or $144,325 at 6%; with 100% employer match about $162,365 at 4% or $108,244 at 6%. |
| Essar Steel 401K Plan | - | 9 | $940,538 | $116,903 | $12,989iApproximate average salary by contribution assumption: employee only about $324,731 at 4% or $216,487 at 6%; with 50% employer match about $216,487 at 4% or $144,325 at 6%; with 100% employer match about $162,365 at 4% or $108,244 at 6%. |
| 2015 | 1 | 10 | $821,734 | $155,662 | $15,566iApproximate average salary by contribution assumption: employee only about $389,155 at 4% or $259,437 at 6%; with 50% employer match about $259,437 at 4% or $172,958 at 6%; with 100% employer match about $194,578 at 4% or $129,718 at 6%. |
| Essar Steel 401K Plan | - | 10 | $821,734 | $155,662 | $15,566iApproximate average salary by contribution assumption: employee only about $389,155 at 4% or $259,437 at 6%; with 50% employer match about $259,437 at 4% or $172,958 at 6%; with 100% employer match about $194,578 at 4% or $129,718 at 6%. |
| 2014 | 1 | 10 | $688,376 | $142,663 | $14,266iApproximate average salary by contribution assumption: employee only about $356,658 at 4% or $237,772 at 6%; with 50% employer match about $237,772 at 4% or $158,514 at 6%; with 100% employer match about $178,329 at 4% or $118,886 at 6%. |
| Essar Steel 401K Plan | - | 10 | $688,376 | $142,663 | $14,266iApproximate average salary by contribution assumption: employee only about $356,658 at 4% or $237,772 at 6%; with 50% employer match about $237,772 at 4% or $158,514 at 6%; with 100% employer match about $178,329 at 4% or $118,886 at 6%. |
| 2013 | 1 | 10 | $508,052 | $132,728 | $13,273iApproximate average salary by contribution assumption: employee only about $331,820 at 4% or $221,213 at 6%; with 50% employer match about $221,213 at 4% or $147,476 at 6%; with 100% employer match about $165,910 at 4% or $110,607 at 6%. |
| Essar Steel 401K Plan | - | 10 | $508,052 | $132,728 | $13,273iApproximate average salary by contribution assumption: employee only about $331,820 at 4% or $221,213 at 6%; with 50% employer match about $221,213 at 4% or $147,476 at 6%; with 100% employer match about $165,910 at 4% or $110,607 at 6%. |
| 2012 | 1 | 9 | $294,840 | $129,025 | $14,336iApproximate average salary by contribution assumption: employee only about $358,403 at 4% or $238,935 at 6%; with 50% employer match about $238,935 at 4% or $159,290 at 6%; with 100% employer match about $179,201 at 4% or $119,468 at 6%. |
| Essar Steel 401K Plan | - | 9 | $294,840 | $129,025 | $14,336iApproximate average salary by contribution assumption: employee only about $358,403 at 4% or $238,935 at 6%; with 50% employer match about $238,935 at 4% or $159,290 at 6%; with 100% employer match about $179,201 at 4% or $119,468 at 6%. |
| 2011 | 1 | 8 | $139,507 | $108,659 | $13,582iApproximate average salary by contribution assumption: employee only about $339,559 at 4% or $226,373 at 6%; with 50% employer match about $226,373 at 4% or $150,915 at 6%; with 100% employer match about $169,780 at 4% or $113,186 at 6%. |
| Essar Steel 401K Plan | - | 8 | $139,507 | $108,659 | $13,582iApproximate average salary by contribution assumption: employee only about $339,559 at 4% or $226,373 at 6%; with 50% employer match about $226,373 at 4% or $150,915 at 6%; with 100% employer match about $169,780 at 4% or $113,186 at 6%. |
| 2010 | 1 | 8 | $47,201 | $42,524 | $5,316iApproximate average salary by contribution assumption: employee only about $132,888 at 4% or $88,592 at 6%; with 50% employer match about $88,592 at 4% or $59,061 at 6%; with 100% employer match about $66,444 at 4% or $44,296 at 6%. |
| Essar Steel 401K Plan | - | 8 | $47,201 | $42,524 | $5,316iApproximate average salary by contribution assumption: employee only about $132,888 at 4% or $88,592 at 6%; with 50% employer match about $88,592 at 4% or $59,061 at 6%; with 100% employer match about $66,444 at 4% or $44,296 at 6%. |