ESOP
2024 plan-year ESOP DOL Form 5500

SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN

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

SABEL STEEL SERVICE, INC.

This ESOP plan holds $2M in total assets and serves 183 participants as of 2024. It is sponsored by SABEL STEEL SERVICE, INC. in Alabama. The plan reported positive net income of $62K for the year.

Total Assets (2023)
$2M
Participants
183
State
Industry
Wholesale Trade

What the Filing Says About SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN

SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN is a ESOP retirement plan sponsored by SABEL STEEL SERVICE, INC., headquartered in Alabama. As of the 2024 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 183 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 630961496, and the plan has been effective since 1981-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2024 to $2M at year-end — a gain of 2.7%. Net assets (after liabilities) closed the year at $2M, with reported net income of $62K 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 1 prior plan-year filing 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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$62K
Plan TypeESOP
Employer EIN630961496
Plan Effective Date1981-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SABEL STEEL SERVICE, INC.)

Year Plans Participants Total Assets
2022 2 220 $12M
2024 2 310 $15M

Nearby ESOP Plans in Alabama

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

Frequently Asked Questions

How much money is in the SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN?
As of the 2024 Form 5500 filing, SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN holds $2M in total assets with 183 participants. It is sponsored by SABEL STEEL SERVICE, INC..
What type of plan is SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN?
SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN is a ESOP plan. It has been effective since 1981-06-01. The plan is filed with the U.S. Department of Labor under EIN 630961496.
Who sponsors the SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN?
SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN is sponsored by SABEL STEEL SERVICE, INC., located in Alabama. The sponsor's EIN is 630961496 and the plan operates in the Wholesale Trade industry.
How did SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN perform in 2024?
SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN grew by 2.7% during 2024, moving from $2M to $2M in total assets. Net income was $62K.
Where can I find official filings for SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN?
Official Form 5500 filings for SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630961496 or plan name at efast.dol.gov.
How does SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN compare to other plans?
You can compare SABEL STEEL SERVICE, INC. MONEY PURCHASE PLAN against other ESOP plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 630961496.

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.