Alro Steel Corp. Union Employees' 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 Corp. Union Employees' 401(K) Plan is a benefit plan reported by Alro Steel Corporation under EIN 38-1300597 and plan number 016. The latest loaded filing year is 2023. The filing reports 440 participants and $10,583,247 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.6MPlan net assets, end of year$10,583,247
Participants440Covered participants reported
Assets / participant$24.1KComputed: assets ÷ participants$24,053 (computed)
Provider compensation$21.8K1 Schedule C provider row(s)$21,801
- Plan sponsor
- Alro Steel Corporation
- EIN
- 38-1300597
- Plan number
- 016
- Plan type
- 2
- Location
- Jackson, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 440 | H, C | 20241219103058NAL0004814177001 |
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)$10.6M total assets
Net assets$10.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,583,247
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,583,247
- Net assets (BOY)
- $11,207,890
Income & contributions
- Employer contributions
- $185,542
- Participant contributions
- $726,026
- Total contributions
- $1,107,527
- Total income / additions
- $2,946,982
Expenses & distributions
- Benefits paid
- $1,345,649
- Administrative expenses
- $21,801
- Total expenses
- $1,367,450
- Net increase / (decrease)
- $1,579,532
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.
20%80%
Employer 20%Participant 80%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income46%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 | $21,801 | $0 | 2023 |