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 Ameristeel Us 401(K) Retirement Plan is a benefit plan reported by Gerdau Ameristeel Us Inc. under EIN 59-0792436 and plan number 005. The latest loaded filing year is 2023. The filing reports 4,598 participants and $678,107,842 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $678,107,842
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $678,107,842
- Net assets (BOY)
- $579,327,184
Income & contributions
- Employer contributions
- $18,948,173
- Participant contributions
- $26,472,748
- Total contributions
- $48,559,534
- Total income / additions
- $161,927,384
Expenses & distributions
- Benefits paid
- $62,930,828
- Administrative expenses
- $520,724
- Total expenses
- $63,535,318
- Net increase / (decrease)
- $98,392,066