Alro Steel Corporation Union Employees' Money Purchase Pension 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 Union Employees' Money Purchase Pension Plan is a benefit plan reported by Alro Steel Corporation under EIN 38-1300597 and plan number 004. The latest loaded filing year is 2023. The filing reports 193 participants and $2,389,641 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$2.4MPlan net assets, end of year$2,389,641
Participants193Covered participants reported
Assets / participant$12.4KComputed: assets ÷ participants$12,382 (computed)
Provider compensation$6.2K1 Schedule C provider row(s)$6,184
- Plan sponsor
- Alro Steel Corporation
- EIN
- 38-1300597
- Plan number
- 004
- Plan type
- 2
- Location
- Jackson, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 193 | H, C | 20241219103550NAL0004815249001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$2.4M total assets
Net assets$2.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $2,389,641
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,389,641
- Net assets (BOY)
- $2,681,811
Income & contributions
- Employer contributions
- $180,786
- Total contributions
- $180,786
- Total income / additions
- $253,486
Expenses & distributions
- Benefits paid
- $331,880
- Administrative expenses
- $6,184
- Total expenses
- $338,064
- Net increase / (decrease)
- -$84,578
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income131%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $6,184 | $0 | 2023 |