Other
2022 plan-year Other DOL Form 5500

Pension Plan for Employees of Jersey Shore Steel Company, Inc.

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

Sponsored by Jersey Shore Steel Company, Inc. · Pennsylvania · Manufacturing

What the 2023 filing shows

Pension Plan for Employees of Jersey Shore Steel Company, Inc. holds $35M for 42 participants — about $844,517 per participant, down 18.9% over the 2022 plan year.

$35M
total plan assets (2022 EOY)
42
covered participants
$844,517
avg assets per participant
-18.9%
assets change YoY

The plan reported a net loss of $8M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$35M
Participants
42
State
Industry
Manufacturing

What the Filing Says About Pension Plan for Employees of Jersey Shore Steel Company, Inc.

Pension Plan for Employees of Jersey Shore Steel Company, Inc. is a Other retirement plan sponsored by Jersey Shore Steel Company, Inc., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 42 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 240622582, and the plan has been effective since 1963-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $44M at the beginning of 2022 to $35M at year-end — a decline of 18.9%. Net assets (after liabilities) closed the year at $35M, with reported net income of $-8,285,276 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)$44M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$-8,285,276
Plan TypeOther
Employer EIN240622582
Plan Effective Date1963-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jersey Shore Steel Company, Inc.)

Year Plans Participants Total Assets
2022 2 128 $38M
2023 2 99 $41M
2024 2 108 $43M

Nearby Other Plans in Pennsylvania

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Pension Plan for Employees of Jersey Shore Steel Company, Inc.?
As of the 2022 Form 5500 filing, Pension Plan for Employees of Jersey Shore Steel Company, Inc. holds $35M in total assets with 42 participants. It is sponsored by Jersey Shore Steel Company, Inc..
What type of plan is Pension Plan for Employees of Jersey Shore Steel Company, Inc.?
Pension Plan for Employees of Jersey Shore Steel Company, Inc. is a Other plan. It has been effective since 1963-10-01. The plan is filed with the U.S. Department of Labor under EIN 240622582.
Who sponsors the Pension Plan for Employees of Jersey Shore Steel Company, Inc.?
Pension Plan for Employees of Jersey Shore Steel Company, Inc. is sponsored by Jersey Shore Steel Company, Inc., located in Pennsylvania. The sponsor's EIN is 240622582 and the plan operates in the Manufacturing industry.
How did Pension Plan for Employees of Jersey Shore Steel Company, Inc. perform in 2022?
Pension Plan for Employees of Jersey Shore Steel Company, Inc. declined by 18.9% during 2022, moving from $44M to $35M in total assets. Net income was $-8,285,276.
Where can I find official filings for Pension Plan for Employees of Jersey Shore Steel Company, Inc.?
Official Form 5500 filings for Pension Plan for Employees of Jersey Shore Steel Company, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 240622582 or plan name at efast.dol.gov.
How does Pension Plan for Employees of Jersey Shore Steel Company, Inc. compare to other plans?
You can compare Pension Plan for Employees of Jersey Shore Steel Company, Inc. against other Other plans on the plan type page, or view plans in Pennsylvania 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 240622582.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.