Steel Energy 401(k) Plan

Steel Energy Services, Ltd, Williston ND. Employer ID 455495872, plan number 001. Annual reports on file for 2016 to 2021.

Where the money went

Plans that moved money into this one:

Filed 2016-2021Steel Energy 401(k) Plan, Steel Energy Services, Ltd
2021Assets transferred to Steel Partners 401(k) Savings Plan
TodaySteel Partners 401(k) Savings Plan still files. Fidelity Investments Institutional keeps the records. That is where to ask.

Records are kept by Fidelity Investments Institutional, per the 2025 filing.

In plan year 2020, active participants fell from 592 to 456 (23%), and 63 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. A 2021 law (Consolidated Appropriations Act, section 209) can excuse a drop between March 2020 and March 2021 if the plan had rehired enough people by March 31, 2021. Filing

This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.

Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.

2021: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
2021: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
2021: The employer decided to close the plan.

"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.

Plan year	Participants	Left, still in the plan	Source
2016	741	343	Filing
2017	838	346	Filing
2018	947	399	Filing
2019	1,028	433	Filing
2020	939	481	Filing
2021	0	0	Filing

Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.