Money Purchase · DOL Form 5500 · 2023
Alro Steel Corporation Money Purchase Plan
Data updated 2026-08-25
- $22M
- Total assets Small plan by assets
- 2,948
- Participants Above avg headcount
- 75th
- Percentile by assets National rank
- $7,612
- Avg per participant Low balance/head
Official DOL plan name: Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade
$22M in assets, 2,948 participants
Alro Steel Corporation's Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported $22M in total assets and 2,948 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.
- #4,565 in Wholesale Trade (6,309 peers)
Coverage in Michigan
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) covers 2,948 participants in Michigan, 4.6x the typical Michigan plan (state average ~638 per filing). Assets: $22M.
- #4,565
- in Wholesale Trade (6,309 peers)
- +6.9%
- assets growth YoY
- 0.2×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$22,440,502 Top 25% higher than 75% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s large-plan peer group by participant headcount
Plan-year 2023 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 (2,948 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) end-of-year assets rose from $21M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported participants rose from 2,885 in the plan year 2022 filing to 2,948 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 381300597 · Alro Steel Corporation PY 2023 · Money Purchase
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) · $22M · 2,948 · 75th
- NET $22M
- BOOK 2,948
- VS-ST 75th
- BOY Money Purchase
- SCH near Nippon Life Group Money Purchase Plan
- EBSA ind #4565
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
Michigan filing particulars
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $1M |
| Employer EIN | 381300597 |
| Plan Effective Date | 1995-06-01 |
| Filing Status | FILING 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
| 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.
- Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.4B · 31,968
- Michigan Regional Council of Carpenters' Annuity Fund $500M · 17,454
- Millwrights' Local 1102 Supplemental Pension Fund $306M · 2,267
- Operating Engineers' Local 324, Defined Contribution Pension Plan $237M · 7,464
- P & M Holding Group, LLP & Affiliated Entities Pension Plan $226M · 1,081
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 Nippon Life Group Money Purchase Plan in NY ($22M); by covered participants it is Meba Pension Trust-Money Purchase Benefit Plan in MD (2,948 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($22M here).
Similar participant headcount
Nearest other-state filings by covered participants (2,948 participants); asset peers above are excluded.
- Meba Pension Trust-Money Purchase Benefit Plan (MD) 2,948 · 0 off
- Iatse Local 8 Annuity Fund (PA) 2,927 · 21 off
- Painters and Allied Trades District Council No.35 Annuity Fund (MA) 2,917 · 31 off
- Plumbers and Steamfitters Local 440 Defined Contribution Plan (IN) 2,898 · 50 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.