Other · DOL Form 5500 · 2024

R & B Reinforcing Steel Corporation ESOP

Data updated 2026-05-15

$17M
Total assets
49
Participants
67th
Percentile by assets
$346,313
Avg per participant

Sponsored by R&b Reinforcing Steel Corporation · California · Manufacturing

What the 2024 filing shows

R & B Reinforcing Steel Corporation ESOP holds $17M for 49 participants - about $346,313 per participant, above the median plan by assets, down 3.0% over the 2024 plan year.

$17M
total plan assets (2024 EOY)
49
covered participants
67th
percentile by assets (of 116,472 plans)
$346,313
avg assets per participant

The plan reported a net loss of $342K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Manufacturing

Other · DOL Form 5500 · 2024

What the Filing Says About R & B Reinforcing Steel Corporation ESOP

R & B Reinforcing Steel Corporation ESOP is an Other retirement plan sponsored by R&b Reinforcing Steel Corporation, headquartered in California. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 49 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 330326077, and the plan has been effective since 2013-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged down modestly from $17M at the beginning of 2024 to $17M at year-end - down 3.0%. Net assets (after liabilities) closed the year at $15M, with reported net income of -$342K 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.

Across the 3 plan years R&b Reinforcing Steel Corporation has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $17M to $17M, a decline of 2.2%, while reported participants moved from 75 to 49 (-34.7%). The strongest year on file by total sponsor assets was 2023 at $17M; the softest was 2024 at $17M. Year-by-year, sponsor-wide filings show: 2022 - $17M in assets across 1 plan covering 75 participants; 2023 - $17M in assets across 1 plan covering 77 participants; 2024 - $17M in assets across 1 plan covering 49 participants.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank R & B Reinforcing Steel Corporation ESOP against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$17M
Total Assets (End of Year)$17M
Net Assets (End of Year)$15M
Net Income-$342K
Plan TypeOther
Employer EIN330326077
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (R&b Reinforcing Steel Corporation)

Year Plans Participants Total Assets
2022 1 75 $17M
2023 1 77 $17M
2024 1 49 $17M

Nearby Other Plans in California

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

Frequently Asked Questions

How much money is in the R & B Reinforcing Steel Corporation ESOP?
As of the 2024 Form 5500 filing, R & B Reinforcing Steel Corporation ESOP holds $17M in total assets with 49 participants. It is sponsored by R&b Reinforcing Steel Corporation.
What type of plan is R & B Reinforcing Steel Corporation ESOP?
R & B Reinforcing Steel Corporation ESOP is an Other plan. It has been effective since 2013-01-01. The plan is filed with the U.S. Department of Labor under EIN 330326077.
Who sponsors the R & B Reinforcing Steel Corporation ESOP?
R & B Reinforcing Steel Corporation ESOP is sponsored by R&b Reinforcing Steel Corporation, located in California. The sponsor's EIN is 330326077 and the plan operates in the Manufacturing industry.
How did R & B Reinforcing Steel Corporation ESOP perform in 2024?
R & B Reinforcing Steel Corporation ESOP edged down modestly - down 3.0% during 2024, moving from $17M to $17M in total assets. Net income was -$342K.

What this filing means

Ways to act on R & B Reinforcing Steel Corporation ESOP's numbers.

  • By total assets, R & B Reinforcing Steel Corporation ESOP ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in California. Compare plans
  • R&b Reinforcing Steel Corporation's sponsor-wide assets have declined 2.2% since 2022 across 3 plan years on file. More Manufacturing plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 330326077.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.