2023 Form 5500 filing — Gerdau Macsteel Pension 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 20241118100858NAL0000775587001) for Gerdau Macsteel Pension Plan, reported by Gerdau Macsteel, Inc. under EIN 38-1872178 and plan number 011. It reports 604 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$47.3MReported net assets$47,302,488
Participants604
Provider compensation$480.6K5 Schedule C row(s)$480,627
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241118100858NAL0000775587001
- Plan sponsor
- Gerdau Macsteel, Inc.
- EIN
- 38-1872178
- Plan number
- 011
- Location
- Tampa, FL
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$48M total assets
Net assets$47.3MLiabilities$682.4K
Full reported line items
- Total assets (EOY)
- $47,984,878
- Total liabilities (EOY)
- $682,390
- Net assets (EOY)
- $47,302,488
- Employer contributions
- $8,500,000
- Total income / additions
- $13,634,826
- Benefits paid
- $11,283,983
- Administrative expenses
- $962,968
- Total expenses
- $12,846,951
- Net increase / (decrease)
- $787,875
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aon Consulting Inc. | ACTUARY | $313,598 | not reported in the loaded dataset |
| Bank Of America Merrill Lynch | INVESTMENT MANAGER | $121,346 | $0 |
| Logos Pension Group Inc. | RECORD KEEPING | $28,010 | not reported in the loaded dataset |
| Principal Trust Company | TRUSTEE | $11,593 | not reported in the loaded dataset |
| Usi Consulting Group | CONSULTANT | $6,080 | not reported in the loaded dataset |