Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

O'NEAL STEEL, LLC.

This Defined Benefit (Pension) plan holds $76M in total assets and serves 300 participants as of 2022. It is sponsored by O'NEAL STEEL, LLC. in Alabama. The plan reported a net loss of $31M for the year.

Total Assets (2023)
$76M
Participants
300
State
Industry
Wholesale Trade

What the Filing Says About O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES

O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES is a Defined Benefit (Pension) retirement plan sponsored by O'NEAL STEEL, LLC., headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $76M in total end-of-year assets and covers 300 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 630196990, and the plan has been effective since 2002-12-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $91M at the beginning of 2022 to $76M at year-end — a decline of 17.3%. Net assets (after liabilities) closed the year at $61M, with reported net income of $-30,841,029 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$91M
Total Assets (End of Year)$76M
Net Assets (End of Year)$61M
Net Income$-30,841,029
Plan TypeDefined Benefit (Pension)
Employer EIN630196990
Plan Effective Date2002-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (O'NEAL STEEL, LLC.)

Year Plans Participants Total Assets
2022 2 2,718 $396M
2023 2 3,247 $382M
2024 1 3,146 $426M

Nearby Defined Benefit (Pension) Plans in Alabama

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES?
As of the 2022 Form 5500 filing, O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES holds $76M in total assets with 300 participants. It is sponsored by O'NEAL STEEL, LLC..
What type of plan is O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES?
O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES is a Defined Benefit (Pension) plan. It has been effective since 2002-12-31. The plan is filed with the U.S. Department of Labor under EIN 630196990.
Who sponsors the O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES?
O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES is sponsored by O'NEAL STEEL, LLC., located in Alabama. The sponsor's EIN is 630196990 and the plan operates in the Wholesale Trade industry.
How did O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES perform in 2022?
O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES declined by 17.3% during 2022, moving from $91M to $76M in total assets. Net income was $-30,841,029.
Where can I find official filings for O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES?
Official Form 5500 filings for O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630196990 or plan name at efast.dol.gov.
How does O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES compare to other plans?
You can compare O'NEAL STEEL CONSOLIDATED PENSION PLAN FOR SALARIED, HOURLY AND UNION EMPLOYEES against other Defined Benefit (Pension) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 630196990.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.