Plan5500

Alro Steel Corp. Union Employees' 401(K) Plan — Form 5500 plan (Alro Steel Corporation)

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, Alro Steel Corp. Union Employees' 401(K) Plan is a benefit plan reported by Alro Steel Corporation under EIN 38-1300597 and plan number 016. The latest loaded filing year is 2023. The filing reports 440 participants and $10,583,247 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.6MPlan net assets, end of year$10,583,247
Participants440Covered participants reported
Assets / participant$24.1KComputed: assets ÷ participants$24,053 (computed)
Provider compensation$21.8K1 Schedule C provider row(s)$21,801
Plan sponsor
Alro Steel Corporation
EIN
38-1300597
Plan number
016
Plan type
2
Location
Jackson, MI
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

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

  1. 2023
    440 participants · 2Sch HSch C
    View filing →
Schedule H · 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)$10.6M total assets
Net assets$10.6MLiabilities$0
Money in vs. money out
Total income / additions$2.9M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$185.5K
Participant$726K
Full reported line items

Net assets

Total assets (EOY)
$10,583,247
Total liabilities (EOY)
$0
Net assets (EOY)
$10,583,247
Net assets (BOY)
$11,207,890

Income & contributions

Employer contributions
$185,542
Participant contributions
$726,026
Total contributions
$1,107,527
Total income / additions
$2,946,982

Expenses & distributions

Benefits paid
$1,345,649
Administrative expenses
$21,801
Total expenses
$1,367,450
Net increase / (decrease)
$1,579,532
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 20%Participant 80%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    John Hancock$21.8K
    RETAINED BY EMPLOYER · Direct $21.8K · Indirect $0

Related Form 5500 pages