Money Purchase · DOL Form 5500 · 2022
Sabel Steel Service, Inc. Money Purchase Plan
Data updated 2026-08-11
- $2M
- Total assets
- 114
- Participants
- 35th
- Percentile by assets
- $19,117
- Avg per participant
Official DOL plan name: Sabel Steel Service, Inc. Money Purchase Plan · Sponsored by Sabel Steel Service, Inc. · Alabama · Wholesale Trade
$2M in assets, 114 participants
Sabel Steel Service, Inc.'s Sabel Steel Service, Inc. Money Purchase Plan reported $2M in total assets and 114 participants in its 2022 DOL Form 5500 filing, ranking in the 35th 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.
- 35th percentile by assets (of 139,126 plans)
- #1,551 in Wholesale Trade (6,843 peers)
Coverage in Alabama
Sabel Steel Service, Inc. Money Purchase Plan covers 114 participants in Alabama, about 32% of the average Alabama filer (state average ~360 per filing). Assets: $2M.
- $2M
- total plan assets (2022 EOY)
- 114
- covered participants
- 35th
- percentile by assets (of 139,126 plans)
- $19,117
- avg assets per participant
The plan reported a net loss of $55K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Sabel Steel Service, Inc. Money Purchase Plan reports 114 participants - about 32% of that state average ($2M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$55K |
| Employer EIN | 630961496 |
| Plan Effective Date | 1981-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sabel Steel Service, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 220 | $12M |
| 2024 | 2 | 310 | $15M |
Nearby Money Purchase Plans in Alabama
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Sabel Steel Service, Inc. Money Purchase Plan vs. nearby Money Purchase plans in Alabama, assets vs. participants
- Plumbers & Steamfitters Local Union 52 Defined Con Plan $60M · 318
- Iron Workers Local Union No. 92 Money Purchase Pension Plan $48M · 622
- Alabama Housing Finance Authority Retirement Plan $15M · 142
- Bayou La Batre Area Health Development Board, Inc. Mpp $8M · 93
- R.L. Zeigler Co., Inc. Money Purchase Pension Plan $4M · 209
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Sabel Steel Service, Inc. Money Purchase Plan by total assets, not by location.
Frequently Asked Questions
How did Sabel Steel Service, Inc. Money Purchase Plan assets move in 2022? ▼
How have Sabel Steel Service, Inc. plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Sabel Steel Service, Inc. Money Purchase Plan? ▼
Next read for Sabel Steel Service, Inc. Money Purchase…
Filing takeaways
Ways to act on Sabel Steel Service, Inc. Money Purchase Plan's numbers.
- By total assets, Sabel Steel Service, Inc. Money Purchase Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Alabama. Compare plans
- Sabel Steel Service, Inc.'s sponsor-wide assets have grown 26.1% since 2022 across 2 plan years on file. More Wholesale Trade plans