2023 Form 5500 filing — Olympic Steel, Inc. Employees' 401(K) Retirement Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240919104651NAL0012428098001) for Olympic Steel, Inc. Employees' 401(K) Retirement Plan, reported by Olympic Steel, Inc., An Ohio Corporation under EIN 34-1245650 and plan number 003. It reports 1,455 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919104651NAL0012428098001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Olympic Steel, Inc., An Ohio Corporation
- EIN
- 34-1245650
- Plan number
- 003
- Location
- Highland Hills, OH
- Participants
- 1,455
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $87,719,419
- Total liabilities (EOY)
- $54,213
- Net assets (EOY)
- $87,665,206
- Employer contributions
- $1,473,117
- Participant contributions
- $5,418,686
- Total income / additions
- $20,600,883
- Benefits paid
- $6,737,859
- Administrative expenses
- $275,822
- Total expenses
- $7,047,972
- Net increase / (decrease)
- $13,552,911
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $96,920 | $0 |
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $93,417 | not reported in the loaded dataset |
| Definiti LLC | OTHER | $63,641 | not reported in the loaded dataset |
| Bober Markey Fedorovich & Company | AUDITOR | $16,000 | not reported in the loaded dataset |