Plan5500

Gerdau Macsteel Savings Plan — Form 5500 plan (Gerdau Macsteel, Inc.)

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, Gerdau Macsteel Savings Plan is a benefit plan reported by Gerdau Macsteel, Inc. under EIN 38-1872178 and plan number 012. The latest loaded filing year is 2023. The filing reports 765 participants and $96,703,531 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gerdau Macsteel, Inc.
EIN
38-1872178
Plan number
012
Plan type
2
Location
Jackson, MI
Latest filing year
2023
Participants
765
End-of-year plan assets
$96,703,531

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023765H, C20241113153123NAL0010097859001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$96,703,531
Total liabilities (EOY)
$0
Net assets (EOY)
$96,703,531
Net assets (BOY)
$84,847,257

Income & contributions

Employer contributions
$2,864,005
Participant contributions
$4,284,183
Total contributions
$7,510,628
Total income / additions
$25,506,532

Expenses & distributions

Benefits paid
$13,873,165
Administrative expenses
$76,849
Total expenses
$13,963,225
Net increase / (decrease)
$11,543,307

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial EnginesADVISOR$63,589not reported in the loaded dataset2023
Grant ThorntonINVESTMENT ADVISOR$16,878not reported in the loaded dataset2023
Merrill LynchINVESTMENT ADVISOR$11,625not reported in the loaded dataset2023

Related Form 5500 pages