National Galvanizing, L.P. Profit Sharing And Savings Plan — Form 5500 plan (National Galvanizing, L.P.)
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, National Galvanizing, L.P. Profit Sharing And Savings Plan is a benefit plan reported by National Galvanizing, L.P. under EIN 38-3056910 and plan number 002. The latest loaded filing year is 2023. The filing reports 139 participants and $11,957,829 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12MPlan net assets, end of year$11,957,829
Participants139Covered participants reported
Assets / participant$86KComputed: assets ÷ participants$86,028 (computed)
Provider compensation$39.9K2 Schedule C provider row(s)$39,905
- Plan sponsor
- National Galvanizing, L.P.
- EIN
- 38-3056910
- Plan number
- 002
- Plan type
- 2
- Location
- Monroe, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 139 | H, C | 20241014115753NAL0013239955001 |
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)$12M total assets
Net assets$12MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,957,829
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,957,829
- Net assets (BOY)
- $13,611,220
Income & contributions
- Employer contributions
- $88,739
- Participant contributions
- $322,920
- Total contributions
- $411,659
- Total income / additions
- $2,032,332
Expenses & distributions
- Benefits paid
- $3,675,576
- Administrative expenses
- -$1,137
- Total expenses
- $3,685,723
- Net increase / (decrease)
- -$1,653,391
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.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets31%Computed ratio
Benefits paid ÷ total income181%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $30,052 | $0 | 2023 |
| One Digital Investment Advisors | INVESTMENT ADVISOR | $9,853 | not reported in the loaded dataset | 2023 |