2023 Form 5500 filing — Gerdau Macsteel Savings Plan For Bargaining Employees
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241113153705NAL0010680803001) for Gerdau Macsteel Savings Plan For Bargaining Employees, reported by Gerdau Macsteel, Inc. under EIN 38-1872178 and plan number 015. It reports 1,074 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241113153705NAL0010680803001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gerdau Macsteel, Inc.
- EIN
- 38-1872178
- Plan number
- 015
- Location
- Jackson, MI
- Participants
- 1,074
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $60,036,004
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $60,036,004
- Employer contributions
- $1,368,546
- Participant contributions
- $3,634,449
- Total income / additions
- $15,462,613
- Benefits paid
- $5,194,889
- Administrative expenses
- $58,765
- Total expenses
- $5,272,579
- Net increase / (decrease)
- $10,190,034
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Grant Thornton | INVESTMENT ADVISOR | $33,598 | not reported in the loaded dataset |
| Financial Engines | ADVISOR | $18,639 | not reported in the loaded dataset |
| Merrill Lynch | INVESTMENT ADVISOR | $7,125 | not reported in the loaded dataset |