Other
2023 plan-year Other DOL Form 5500

MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MCELROY METAL MILL, INC.

This Other plan holds $143M in total assets and serves 570 participants as of 2023. It is sponsored by MCELROY METAL MILL, INC. in Louisiana. The plan reported positive net income of $55M for the year.

Total Assets (2023)
$143M
Participants
570
State
Industry
Manufacturing

What the Filing Says About MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN

MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by MCELROY METAL MILL, INC., headquartered in Louisiana. As of the 2023 Form 5500 filing, the plan reports $143M in total end-of-year assets and covers 570 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 720573087, and the plan has been effective since 2021-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $179M at the beginning of 2023 to $143M at year-end — a decline of 19.9%. Net assets (after liabilities) closed the year at $-129,267,636, with reported net income of $55M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$179M
Total Assets (End of Year)$143M
Net Assets (End of Year)$-129,267,636
Net Income$55M
Plan TypeOther
Employer EIN720573087
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MCELROY METAL MILL, INC.)

Year Plans Participants Total Assets
2022 2 1,256 $232M
2023 2 1,235 $205M
2024 2 1,255 $211M

Nearby Other Plans in Louisiana

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN holds $143M in total assets with 570 participants. It is sponsored by MCELROY METAL MILL, INC..
What type of plan is MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 2021-01-01. The plan is filed with the U.S. Department of Labor under EIN 720573087.
Who sponsors the MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by MCELROY METAL MILL, INC., located in Louisiana. The sponsor's EIN is 720573087 and the plan operates in the Manufacturing industry.
How did MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN declined by 19.9% during 2023, moving from $179M to $143M in total assets. Net income was $55M.
Where can I find official filings for MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 720573087 or plan name at efast.dol.gov.
How does MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare MCELROY METAL MILL, INC. EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in Louisiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 720573087.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.