Plan5500

Gerdau Macsteel Savings Plan For Bargaining Employees — Form 5500 plan (Gerdau Macsteel, 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, Gerdau Macsteel Savings Plan For Bargaining Employees is a benefit plan reported by Gerdau Macsteel, Inc. under EIN 38-1872178 and plan number 015. The latest loaded filing year is 2023. The filing reports 1,074 participants and $60,036,004 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gerdau Macsteel, Inc.
EIN
38-1872178
Plan number
015
Plan type
2
Location
Jackson, MI
Latest filing year
2023
Participants
1,074
End-of-year plan assets
$60,036,004

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,074H, C20241113153705NAL0010680803001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$60,036,004
Total liabilities (EOY)
$0
Net assets (EOY)
$60,036,004
Net assets (BOY)
$50,246,624

Income & contributions

Employer contributions
$1,368,546
Participant contributions
$3,634,449
Total contributions
$5,072,855
Total income / additions
$15,462,613

Expenses & distributions

Benefits paid
$5,194,889
Administrative expenses
$58,765
Total expenses
$5,272,579
Net increase / (decrease)
$10,190,034

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Grant ThorntonINVESTMENT ADVISOR$33,598not reported in the loaded dataset2023
Financial EnginesADVISOR$18,639not reported in the loaded dataset2023
Merrill LynchINVESTMENT ADVISOR$7,125not reported in the loaded dataset2023

Related Form 5500 pages