American Iron And Metal Usa In 401(K) Profit Sharing Plan & Trust — Form 5500 plan (American Iron And Metal Usa In)

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, American Iron And Metal Usa In 401(K) Profit Sharing Plan & Trust is a benefit plan reported by American Iron And Metal Usa In under EIN 98-0343579 and plan number 001. The latest loaded filing year is 2023. The filing reports 369 participants and $7,995,728 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8MPlan net assets, end of year$7,962,706
Participants369Covered participants reported
Assets / participant$21.7KComputed: assets ÷ participants$21,669 (computed)
Provider compensation$10.8K1 Schedule C provider row(s)$10,795
Plan sponsor
American Iron And Metal Usa In
EIN
98-0343579
Plan number
001
Plan type
2
Location
Cranston, RI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023369H, C20250718104700NAL0000733411001
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)$8M total assets
Net assets$8MLiabilities$33K
Money in vs. money out
Total income / additions$2.6M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$268.6K
Participant$883.8K
Full reported line items

Net assets

Total assets (EOY)
$7,995,728
Total liabilities (EOY)
$33,022
Net assets (EOY)
$7,962,706
Net assets (BOY)
$6,866,138

Income & contributions

Employer contributions
$268,576
Participant contributions
$883,758
Total contributions
$1,409,017
Total income / additions
$2,573,621

Expenses & distributions

Benefits paid
$1,460,629
Administrative expenses
$14,197
Total expenses
$1,477,053
Net increase / (decrease)
$1,096,568
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 23%Participant 77%
Total expenses ÷ net assets19%Computed ratio
Benefits paid ÷ total income57%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fi401k Advisors LLCADVISOR$10,795not reported in the loaded dataset2023

Related Form 5500 pages