Money Purchase · DOL Form 5500 · 2022

Alro Steel Corporation Money Purchase Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
2,885
Participants Above avg headcount
78th
Percentile by assets National rank
$7,274
Avg per participant Low balance/head
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Official DOL plan name: Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade

$21M in assets, 2,885 participants

Alro Steel Corporation's Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported $21M in total assets and 2,885 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,211 in Wholesale Trade (6,843 peers)

Coverage in Michigan

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) covers 2,885 participants in Michigan, 4.5x the typical Michigan plan (state average ~638 per filing). Assets: $21M.

#5,211
in Wholesale Trade (6,843 peers)
-6.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s outsized position by total assets

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) vs every filed plan by assets

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

$20,986,879 Top 22% higher than 78% 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

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) lands in the large band (2,885 participants).

Published 5500 schedule card

Filing strip 381300597 · Alro Steel Corporation PY 2022 · Money Purchase

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) · $21M · 2,885 · 78th

  • RANK $21M
  • PHOTO 2,885
  • IND 78th
  • EOY Money Purchase
  • 5500 near Dcs Commodities Corp. Employees' Money Purchase Pension Plan & Trust
  • ASSETS ind #5211

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 Wholesale Trade retirement plans → · Plans in Michigan →

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) in the asset neighbourhood

Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account PlanHeat & Frost Insulators & As…$21MCharles R. Drew University of Medicine and Science Money Purchase Pension PlanCharles R. Drew University o…$21MDcs Commodities Corp. Employees' Money Purchase Pension Plan & TrustDcs Commodities Corp. Employ…$21MAlro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)Alro Steel Corporation and S…$21MMissouri-Nea Employees' Pension Trust PlanMissouri-Nea Employees' Pens…$21M
End-of-year total assets ($M) among Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$21M
Net Income-$2M
Employer EIN381300597
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alro Steel Corporation)

Sponsor-wide plan assets over time

All Alro Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$550M 24.193641584436318% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $443M $550M ▲ +24.2%
Year Plans Participants Total Assets
2022 4 6,123 $443M
2023 4 6,204 $506M
2024 4 6,438 $550M

Nearby Money Purchase Plans in Michigan

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20002004006008001000 Total assets ($M) Participants Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion), Total assets ($M): 20.986879 · Participants: 2885Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)Indiana/Kentucky/Ohio Regional Council of Carpenters Defined Contribution Pension Plan, Total assets ($M): 855.673183 · Participants: 30438Indiana/Kentucky/Ohio Regional Council of Carpenters Defined Contribution Pension PlanMichigan Regional Council of Carpenters' Annuity Fund, Total assets ($M): 441.660692 · Participants: 19164Michigan Regional Council of Carpenters' Annuity FundMillwrights' Local 1102 Supplemental Pension Fund, Total assets ($M): 279.689211 · Participants: 2541Millwrights' Local 1102 Supplemental Pension FundOperating Engineers' Local 324, Defined Contribution Pension Plan, Total assets ($M): 221.377445 · Participants: 7312Operating Engineers' Local 324, Defined Contribution Pension PlanP & M Holding Group, LLP & Affiliated Entities Pension Plan, Total assets ($M): 210.141766 · Participants: 1012P & M Holding Group, LLP & Affiliated Entities Pension Plan
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) vs. nearby Money Purchase plans in Michigan, assets vs. participants

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is Dcs Commodities Corp. Employees' Money Purchase Pension Plan & Trust in IL ($21M); by covered participants it is Hawaii Laborers' Annuity Fund in HI (2,896 participants). Same-state nearby plans are listed separately above.

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 Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) assets move in 2022? ▼
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) pulled back noticeably - down 6.9% during 2022, from $23M to $21M. Reported net income was -$2M.
How have Alro Steel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Alro Steel Corporation's sponsor-wide assets grew 24.2%, from $443M to $550M.
Where does Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) rank by assets among Form 5500 filers? ▼
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)? ▼
Among Money Purchase plans in other states, the closest by assets is Dcs Commodities Corp. Employees' Money Purchase Pension Plan & Trust in IL ($21M, 1 participant).
Which Money Purchase plans cover a similar participant headcount to Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)? ▼
Among Money Purchase plans in other states, the closest by covered participants is Hawaii Laborers' Annuity Fund in HI (2,896 participants, $277M in assets).