Profit Sharing · DOL Form 5500 · 2024

Western Steel, Inc. Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
58
Participants Small participant base
43rd
Percentile by assets National rank
$92,526
Avg per participant Below avg balance/head
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Official DOL plan name: Western Steel, Inc. and Its Affiliates Profit Sharing Plan · Sponsored by Western Steel, Inc. · Alabama · Manufacturing

$5M in assets, 58 participants

Western Steel, Inc.'s Western Steel, Inc. and Its Affiliates Profit Sharing Plan reported $5M in total assets and 58 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,682 in Manufacturing (17,777 peers)

Western Steel, Inc. multi-year trail

Western Steel, Inc.'s plans moved +24.1% in assets from 2022 to 2024; this filing shows Western Steel, Inc. and Its Affiliates Profit Sharing Plan at $5M / 58 participants.

#4,682
in Manufacturing (17,777 peers)
+11.1%
assets growth YoY

Western Steel, Inc. and Its Affiliates Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Western Steel, Inc. and Its Affiliates Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,366,482 43rd percentile higher than 43% of 123,620 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 2024

Western Steel, Inc. and Its Affiliates Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western Steel, Inc. and Its Affiliates Profit Sharing Plan is a small filing (58 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Western Steel, Inc. and Its Affiliates Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Western Steel, Inc. and Its Affiliates Profit Sharing Plan reported net income rose from $504K in the plan year 2023 filing to $538K in the plan year 2024 filing.
  • Western Steel, Inc. and Its Affiliates Profit Sharing Plan reported participants rose from 56 in the plan year 2023 filing to 58 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 630513168 · Western Steel, Inc. PY 2024 · Profit Sharing

Western Steel, Inc. and Its Affiliates Profit Sharing Plan · $5M · 58 · 43rd

  • PHOTO $5M
  • PHOTO 58
  • PHOTO 43rd
  • PHOTO Profit Sharing
  • PHOTO near Jsm Family Holdings Corporation Retirement Plan
  • PHOTO ind #4682

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 Manufacturing retirement plans → · Plans in Alabama →

Western Steel, Inc. and Its Affiliates Profit Sharing Plan in the asset neighbourhood

Abilities First, Inc. Profit Sharing PlanAbilities First, Inc. Profit…$5MAtlanta Ironworkers Supplemental Retirement PlanAtlanta Ironworkers Suppleme…$5MWestern Steel, Inc. and Its Affiliates Profit Sharing PlanWestern Steel, Inc. and Its …$5MJsm Family Holdings Corporation Retirement PlanJsm Family Holdings Corporat…$5MCedar Crest 403(b) Plan$5M
End-of-year total assets ($M) among Western Steel, Inc. and Its Affiliates Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Western Steel, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Western Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 24.083234198207823% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.32M $5.37M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 57 $4M
2023 1 56 $5M
2024 1 58 $5M

Western Steel, Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$538K
Employer EIN630513168
Plan Effective Date1972-10-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Western Steel, Inc. and Its Affiliates Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 0102030405060 Total assets ($M) Participants Western Steel, Inc. and Its Affiliates Profit Sharing Plan, Total assets ($M): 5.366482 · Participants: 58Western Steel, Inc. and Its Affiliates Profit Sharing PlanThe Health Care Authority for Baptist Health Matching Dollar Plan, Total assets ($M): 48.988463 · Participants: 2217The Health Care Authority for Baptist Health Matching Dollar PlanEwtn 403(b) Retirement Savings Plan, Total assets ($M): 40.769673 · Participants: 468Ewtn 403(b) Retirement Savings PlanPathology Associates, P.C. Profit Sharing Plan and Trust, Total assets ($M): 34.666809 · Participants: 40Pathology Associates, P.C. Profit Sharing Plan and TrustRadiology Associates of Dothan, P.a. Profit Sharing Plan, Total assets ($M): 27.607066 · Participants: 16Radiology Associates of Dothan, P.a. Profit Sharing PlanAuto Investment, Inc. 401(k) Plan, Total assets ($M): 27.311595 · Participants: 401Auto Investment, Inc. 401(k) Plan
Western Steel, Inc. and Its Affiliates Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants
Compare Western Steel, Inc. and Its Affiliates Profit Sharing Plan side-by-side with 3 peers →

Western Steel, Inc. and Its Affiliates Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Alabama, the nearest Profit Sharing by assets is Jsm Family Holdings Corporation Retirement Plan in GA ($5M); by covered participants it is Great Hill Partners, LP Profit Sharing Plan and Trust in MA (58 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (58 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Western Steel, Inc. and Its Affiliates Profit Sharing Plan assets move in 2024? ▼
Western Steel, Inc. and Its Affiliates Profit Sharing Plan grew at a solid clip - up 11.1% during 2024, from $5M to $5M. Reported net income was $538K.
How have Western Steel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Western Steel, Inc.'s sponsor-wide assets grew 24.1%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Western Steel, Inc. and Its Affiliates Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jsm Family Holdings Corporation Retirement Plan in GA ($5M, 43 participants).
Which Profit Sharing plans cover a similar participant headcount to Western Steel, Inc. and Its Affiliates Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Great Hill Partners, LP Profit Sharing Plan and Trust in MA (58 participants, $39M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 630513168.

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.