Schnitzer Steel Industries, Inc. Retirement Plan — Form 5500 plan (Schnitzer Steel Industries, 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, Schnitzer Steel Industries, Inc. Retirement Plan is a benefit plan reported by Schnitzer Steel Industries, Inc. under EIN 93-0341923 and plan number 010. The latest loaded filing year is 2023. The filing reports 3,563 participants and $180,475,479 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$180.5MPlan net assets, end of year$180,475,479
Participants3.6KCovered participants reported3,563
Assets / participant$50.7KComputed: assets ÷ participants$50,653 (computed)
Provider compensation$166.8K4 Schedule C provider row(s)$166,839
- Plan sponsor
- Schnitzer Steel Industries, Inc.
- EIN
- 93-0341923
- Plan number
- 010
- Plan type
- 2
- Location
- Portland, OR
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,563 | H, C | 20241003084948NAL0005593891001 |
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)$180.5M total assets
Net assets$180.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $180,475,479
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $180,475,479
- Net assets (BOY)
- $155,630,198
Income & contributions
- Employer contributions
- $5,939,807
- Participant contributions
- $10,075,142
- Total contributions
- $17,165,591
- Total income / additions
- $42,840,375
Expenses & distributions
- Benefits paid
- $17,813,841
- Administrative expenses
- $170,641
- Total expenses
- $18,076,049
- Net increase / (decrease)
- $24,764,326
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.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $118,052 | not reported in the loaded dataset | 2023 |
| Canterbury Consulting Inc | NONE | $40,000 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | NONE | $7,887 | $0 | 2023 |
| Qdro Consultants Company, LLC | NONE | $900 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schnitzer Steel Industries, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OR
- 401(k) and benefit plan filings in Portland, OR
- Empower Advisory Group, LLC — Schedule C compensation
- Canterbury Consulting Inc — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation