Alro Steel Corporation And Subsidiaries Retirement/401(K) Plan — Form 5500 plan (Alro Steel Corporation)

Plain-English plan 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, Alro Steel Corporation And Subsidiaries Retirement/401(K) Plan is a benefit plan reported by Alro Steel Corporation under EIN 38-1300597 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,018 participants and $470,114,789 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alro Steel Corporation
EIN
38-1300597
Plan number
001
Plan type
2
Location
Jackson, MI
Latest filing year
2023
Participants
5,018
End-of-year plan assets
$470,114,789

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,018H, C20241219103304NAL0004814353001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$470,114,789
Total liabilities (EOY)
$0
Net assets (EOY)
$470,114,789
Net assets (BOY)
$407,888,378

Income & contributions

Employer contributions
$26,526,500
Participant contributions
$19,923,255
Total contributions
$47,448,536
Total income / additions
$114,346,115

Expenses & distributions

Benefits paid
$53,335,253
Administrative expenses
$974,465
Total expenses
$54,298,293
Net increase / (decrease)
$60,047,822

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRETAINED BY EMPLOYER$974,465$02023

Related Form 5500 pages