Basden Steel Corp Employee Stock Ownership Plan — Form 5500 plan (Basden 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, Basden Steel Corp Employee Stock Ownership Plan is a benefit plan reported by Basden Steel Corporation under EIN 75-2572555 and plan number 002. The latest loaded filing year is 2023. The filing reports 505 participants and $39,708,665 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Basden Steel Corporation
EIN
75-2572555
Plan number
002
Plan type
2
Location
Burleson, TX
Latest filing year
2023
Participants
505
End-of-year plan assets
$39,708,665

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023505H20241007103543NAL0025937296001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$39,708,665
Total liabilities (EOY)
$60,346,867
Net assets (EOY)
-$20,638,202
Net assets (BOY)
-$29,549,485

Income & contributions

Employer contributions
$6,081,107
Total contributions
$6,081,107
Total income / additions
$12,816,648

Expenses & distributions

Benefits paid
$145,291
Administrative expenses
$0
Total expenses
$3,905,365
Net increase / (decrease)
$8,911,283

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages