Plan5500

Sheffield Steel Corporation Hourly Retiree Medical Plan — Form 5500 plan (Gerdau Ameristeel Us 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, Sheffield Steel Corporation Hourly Retiree Medical Plan is a benefit plan reported by Gerdau Ameristeel Us Inc. under EIN 74-2191557 and plan number 512. The latest loaded filing year is 2023. The filing reports 15 participants and $63,187 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$61.6KPlan net assets, end of year$61,563
Participants15Covered participants reported
Assets / participant$4.2KComputed: assets ÷ participants$4,212 (computed)
Provider compensation$33.6K5 Schedule C provider row(s)$33,603
Plan sponsor
Gerdau Ameristeel Us Inc.
EIN
74-2191557
Plan number
512
Plan type
2
Location
Tampa, FL
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    15 participants · 2Sch ISch C
    View filing →
Schedule I · 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)$63.2K total assets
Net assets$61.6KLiabilities$1.6K
Money in vs. money out
Total income / additions$244.5K
Total expenses$196.8K
Benefits paid / distributions$167K
Contributions
Employer$200K
Participant$42.8K
Full reported line items

Net assets

Total assets (EOY)
$63,187
Total liabilities (EOY)
$1,624
Net assets (EOY)
$61,563
Net assets (BOY)
$13,850

Income & contributions

Employer contributions
$200,000
Participant contributions
$42,818
Total income / additions
$244,510

Expenses & distributions

Benefits paid
$167,005
Administrative expenses
$29,792
Total expenses
$196,797
Net increase / (decrease)
$47,713
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.

Contribution share (employer vs. participant)
Employer 82%Participant 18%
Total expenses ÷ net assets320%Computed ratio
Benefits paid ÷ total income68%Computed ratio
Provider comp. ÷ net assets55%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Express Scripts$10K
    NONE · Direct $10K
  2. 2
    Bluecross Blueshield Of Illinois$8.4K
    NONE · Direct $8.4K
  3. 3
    Principal$5.9K
    NONE · Direct $5.9K
  4. 4
    Mercer Health & Benefits LLC$5.2K
    NONE · Direct $5.2K
  5. 5
    Grant Thornton$4.2K
    NONE · Direct $4.2K

What to inspect next

Frequently asked questions

Who sponsors the Sheffield Steel Corporation Hourly Retiree Medical Plan?
Sheffield Steel Corporation Hourly Retiree Medical Plan is reported as sponsored by Gerdau Ameristeel Us Inc. (EIN 74-2191557, plan number 512) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Sheffield Steel Corporation Hourly Retiree Medical Plan?
The latest Form 5500 filing year loaded for Sheffield Steel Corporation Hourly Retiree Medical Plan is 2023.
How many participants does Sheffield Steel Corporation Hourly Retiree Medical Plan report?
Sheffield Steel Corporation Hourly Retiree Medical Plan reports 15 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Sheffield Steel Corporation Hourly Retiree Medical Plan?
Sheffield Steel Corporation Hourly Retiree Medical Plan reports $63,187 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages