Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN

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

SAMUEL, SON & CO. (USA) INC.

This Profit Sharing plan holds $2M in total assets and serves 205 participants as of 2024. It is sponsored by SAMUEL, SON & CO. (USA) INC. in Illinois. The plan reported positive net income of $465K for the year.

Total Assets (2023)
$2M
Participants
205
State
Industry
Manufacturing

What the Filing Says About STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN

STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN is a Profit Sharing retirement plan sponsored by SAMUEL, SON & CO. (USA) INC., headquartered in Illinois. As of the 2024 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 205 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 061251791, and the plan has been effective since 1991-01-01. 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 19.2%. Net assets (after liabilities) closed the year at $2M, with reported net income of $465K 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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$465K
Plan TypeProfit Sharing
Employer EIN061251791
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SAMUEL, SON & CO. (USA) INC.)

Year Plans Participants Total Assets
2022 2 3,329 $180M
2023 2 3,367 $195M
2024 2 3,227 $204M

Nearby Profit Sharing Plans in Illinois

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Frequently Asked Questions

How much money is in the STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN?
As of the 2024 Form 5500 filing, STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN holds $2M in total assets with 205 participants. It is sponsored by SAMUEL, SON & CO. (USA) INC..
What type of plan is STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN?
STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN is a Profit Sharing plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 061251791.
Who sponsors the STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN?
STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN is sponsored by SAMUEL, SON & CO. (USA) INC., located in Illinois. The sponsor's EIN is 061251791 and the plan operates in the Manufacturing industry.
How did STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN perform in 2024?
STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN grew by 19.2% during 2024, moving from $2M to $2M in total assets. Net income was $465K.
Where can I find official filings for STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN?
Official Form 5500 filings for STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 061251791 or plan name at efast.dol.gov.
How does STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN compare to other plans?
You can compare STEEL FAB, A DIVISION OF SAMUEL, SON & CO. (USA) INC., 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Illinois 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 061251791.

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.