401(k) · DOL Form 5500 · 2023

Alro Steel Corporation 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
229
Participants Below avg headcount
60th
Percentile by assets National rank
$46,215
Avg per participant Low balance/head
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Official DOL plan name: Alro Steel Corp. Union Employees' 401(k) Plan · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade

$11M in assets, 229 participants

Alro Steel Corporation's Alro Steel Corp. Union Employees' 401(k) Plan reported $11M in total assets and 229 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,299 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Alro Steel Corp. Union Employees' 401(k) Plan covers 229 participants in Michigan, about 36% of the average Michigan filer (state average ~638 per filing). Assets: $11M.

#3,299
in Wholesale Trade (6,309 peers)
-5.6%
assets change YoY

Alro Steel Corp. Union Employees' 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Alro Steel Corp. Union Employees' 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,583,247 Top 40% higher than 60% of 127,068 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 2023

Alro Steel Corp. Union Employees' 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alro Steel Corp. Union Employees' 401(k) Plan sits mid-pack in the medium band (229 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Alro Steel Corp. Union Employees' 401(k) Plan reported net income rose from $599K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Alro Steel Corp. Union Employees' 401(k) Plan reported participants fell from 259 in the plan year 2022 filing to 229 in the plan year 2023 filing.
  • Alro Steel Corp. Union Employees' 401(k) Plan end-of-year assets fell from $11M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381300597 · Alro Steel Corporation PY 2023 · 401(k)

Alro Steel Corp. Union Employees' 401(k) Plan · $11M · 229 · 60th

  • PCT $11M
  • EIN 229
  • RANK 60th
  • PHOTO 401(k)
  • IND near The Children's School 401(k) Plan
  • EOY ind #3299

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 Corp. Union Employees' 401(k) Plan in the asset neighbourhood

Alro Steel Corp. Union Employees' 401(k) PlanAlro Steel Corp. Union Emplo…$11MThe Children's School 401(k) PlanThe Children's School 401(k)…$11MTrustarc 401(k) Plan$11MCigarette Store 401(k) Plan$11MTribalco, LLC 401(k) Plan$11M
End-of-year total assets ($M) among Alro Steel Corp. Union Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN381300597
Plan Effective Date1995-05-01
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 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Alro Steel Corp. Union Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Alro Steel Corp. Union Employees' 401(k) Plan, Total assets ($B): 0.010583247 · Participants: 229Alro Steel Corp. Union Employees' 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Alro Steel Corp. Union Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Alro Steel Corp. Union Employees' 401(k) Plan side-by-side with 3 peers →

Alro Steel Corp. Union Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is The Children's School 401(k) Plan in GA ($11M); by covered participants it is P3 Health Partners 401(k) Plan in NV (229 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (229 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Alro Steel Corp. Union Employees' 401(k) Plan assets move in 2023? ▼
Alro Steel Corp. Union Employees' 401(k) Plan pulled back noticeably - down 5.6% during 2023, from $11M to $11M. 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.
Which 401(k) plans are similar in size to Alro Steel Corp. Union Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Children's School 401(k) Plan in GA ($11M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Alro Steel Corp. Union Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is P3 Health Partners 401(k) Plan in NV (229 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381300597.

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.