Ormet Corporation Hourly Retiree Group Benefit Plan — Form 5500 plan (Ormet Corporation Hourly Retiree Benefit Trust)
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, Ormet Corporation Hourly Retiree Group Benefit Plan is a benefit plan reported by Ormet Corporation Hourly Retiree Benefit Trust under EIN 83-0430487 and plan number 501. The latest loaded filing year is 2023. The filing reports 967 participants and $43,386,361 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ormet Corporation Hourly Retiree Benefit Trust
- EIN
- 83-0430487
- Plan number
- 501
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
- Participants
- 967
- End-of-year plan assets
- $43,386,361
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 967 | H, C | 20241008121917NAL0009629251004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $43,386,361
- Net assets (EOY)
- $43,386,361
- Net assets (BOY)
- $41,317,020
Income & contributions
- Participant contributions
- $1,724,753
- Total contributions
- $1,724,753
- Total income / additions
- $6,826,584
Expenses & distributions
- Benefits paid
- $4,410,648
- Administrative expenses
- $346,595
- Total expenses
- $4,757,243
- Net increase / (decrease)
- $2,069,341
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pnc Bank | TRUSTEE/CUSTODIAN | $163,922 | $0 | 2023 |
| Central Data Services, Inc. | PLAN ADMINISTRATOR | $108,000 | not reported in the loaded dataset | 2023 |
| Buck Global, LLC | PLAN ACTUARY/CONSULTANT | $23,952 | not reported in the loaded dataset | 2023 |
| Schneider Downs & Co., Inc. | PLAN AUDITOR | $23,915 | not reported in the loaded dataset | 2023 |
| Marsh Usa, Inc. | INSURANCE PROVIDER | $18,825 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ormet Corporation Hourly Retiree Benefit Trust
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Pnc Bank — Schedule C compensation
- Central Data Services, Inc. — Schedule C compensation
- Buck Global, LLC — Schedule C compensation
- Schneider Downs & Co., Inc. — Schedule C compensation
- Marsh Usa, Inc. — Schedule C compensation