Profit Sharing · DOL Form 5500 · 2022

Western Steel, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
57
Participants Small participant base
48th
Percentile by assets National rank
$75,876
Avg per participant Below avg balance/head
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Official DOL plan name: Western Steel, Inc. and Its Affiliates Profit Sharing Plan · Sponsored by Western Steel, Inc. · Alabama · Manufacturing

$4M in assets, 57 participants

Western Steel, Inc.'s Western Steel, Inc. and Its Affiliates Profit Sharing Plan reported $4M in total assets and 57 participants in its 2022 DOL Form 5500 filing, ranking in the 48th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,373 in Manufacturing (20,602 peers)

Western Steel, Inc. multi-year trail

Western Steel, Inc.'s plans moved +24.1% in assets from 2022 to 2024; this filing shows Western Steel, Inc. and Its Affiliates Profit Sharing Plan at $4M / 57 participants.

#6,373
in Manufacturing (20,602 peers)
-9.0%
assets change YoY

The plan reported a net loss of $426K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Western Steel, Inc. and Its Affiliates Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Western Steel, Inc. and Its Affiliates Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,324,905 48th percentile higher than 48% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Western Steel, Inc. and Its Affiliates Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western Steel, Inc. and Its Affiliates Profit Sharing Plan is a small filing (57 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 630513168 · Western Steel, Inc. PY 2022 · Profit Sharing

Western Steel, Inc. and Its Affiliates Profit Sharing Plan · $4M · 57 · 48th

  • EOY $4M
  • 5500 57
  • ASSETS 48th
  • PCT Profit Sharing
  • EIN near Midwest Resources, Inc. Profit Sharing Plan and Trust
  • RANK ind #6373

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Alabama →

Western Steel, Inc. and Its Affiliates Profit Sharing Plan in the asset neighbourhood

Midwest Resources, Inc. Profit Sharing Plan and TrustMidwest Resources, Inc. Prof…$4MWestern Steel, Inc. and Its Affiliates Profit Sharing PlanWestern Steel, Inc. and Its …$4MMoravian Care Employee Retirement PlanMoravian Care Employee Retir…$4MTechnipaq, Inc. 401(k) Profit Sharing PlanTechnipaq, Inc. 401(k) Profi…$4MOhio Valley Residential Services 403b PlanOhio Valley Residential Serv…$4M
End-of-year total assets ($M) among Western Steel, Inc. and Its Affiliates Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Western Steel, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Western Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 24.083234198207823% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.32M $5.37M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 57 $4M
2023 1 56 $5M
2024 1 58 $5M

Western Steel, Inc. filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$426K
Employer EIN630513168
Plan Effective Date1972-10-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Western Steel, Inc. and Its Affiliates Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000100020003000 010203040 Total assets ($M) Participants Western Steel, Inc. and Its Affiliates Profit Sharing Plan, Total assets ($M): 4.324905 · Participants: 57Western Steel, Inc. and Its Affiliates Profit Sharing PlanThe Health Care Authority for Baptist Health Matching Dollar Plan, Total assets ($M): 37.57775 · Participants: 2454The Health Care Authority for Baptist Health Matching Dollar PlanPathology Associates, P.C. Profit Sharing Plan and Trust, Total assets ($M): 27.274054 · Participants: 41Pathology Associates, P.C. Profit Sharing Plan and TrustRadiology Associates of Dothan, P.a. Profit Sharing Plan, Total assets ($M): 21.937645 · Participants: 14Radiology Associates of Dothan, P.a. Profit Sharing PlanAuto Investment, Inc. 401(k) Plan, Total assets ($M): 20.397344 · Participants: 362Auto Investment, Inc. 401(k) PlanAerie Aerospace 401(k) Profit Sharing Plan, Total assets ($M): 16.433569 · Participants: 246Aerie Aerospace 401(k) Profit Sharing Plan
Western Steel, Inc. and Its Affiliates Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants
Compare Western Steel, Inc. and Its Affiliates Profit Sharing Plan side-by-side with 3 peers →

Western Steel, Inc. and Its Affiliates Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Alabama, the nearest Profit Sharing by assets is Midwest Resources, Inc. Profit Sharing Plan and Trust in WI ($4M); by covered participants it is Employer Advantage Profit Sharing and Ownership Plan in MO (57 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (57 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Western Steel, Inc. and Its Affiliates Profit Sharing Plan assets move in 2022? ▼
Western Steel, Inc. and Its Affiliates Profit Sharing Plan pulled back noticeably - down 9.0% during 2022, from $5M to $4M. Reported net income was -$426K.
How have Western Steel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Western Steel, Inc.'s sponsor-wide assets grew 24.1%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Western Steel, Inc. and Its Affiliates Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Midwest Resources, Inc. Profit Sharing Plan and Trust in WI ($4M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Western Steel, Inc. and Its Affiliates Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Employer Advantage Profit Sharing and Ownership Plan in MO (57 participants, $3M in assets).

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 630513168.

Read our methodology - how this data is sourced, computed, and verified.

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