Money Purchase · DOL Form 5500 · 2024

Alro Steel Corporation Money Purchase Plan

Data updated 2026-08-11

$3M
Total assets: 85
Participants: 32nd
Percentile by assets: $29,890
Avg per participant

Official DOL plan name: Alro Steel Corporation Union Employees' Money Purchase Pension Plan · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade

$3M in assets, 85 participants

Alro Steel Corporation's Alro Steel Corporation Union Employees' Money Purchase Pension Plan reported $3M in total assets and 85 participants in its 2024 DOL Form 5500 filing, ranking in the 32nd 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.

32nd percentile by assets (of 123,622 plans)
#1,299 in Wholesale Trade (6,080 peers)

Alro Steel Corporation multi-year trail

Alro Steel Corporation's plans moved +24.2% in assets from 2022 to 2024; this filing shows Alro Steel Corporation Union Employees' Money Purchase Pension Plan at $3M / 85 participants.

$3M
total plan assets (2024 EOY): 85
covered participants: 32nd
percentile by assets (of 123,622 plans): $29,890
avg assets per participant

Alro Steel Corporation Union Employees' Money Purchase Pension Plan reported net income rose from -$85K in the plan year 2023 filing to $170K in the plan year 2024 filing.
Alro Steel Corporation Union Employees' Money Purchase Pension Plan reported participants rose from 79 in the plan year 2023 filing to 85 in the plan year 2024 filing.
Alro Steel Corporation Union Employees' Money Purchase Pension Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Wholesale Trade

Alro Steel Corporation across 3 plan years on file

Across the 3 plan years Alro Steel Corporation has on file (2022-2024), sponsor-wide plan assets have moved from $443M to $550M, a gain of 24.2%, while reported participants moved from 6,123 to 6,438 (+5.1%). Peak year by sponsor assets: 2024 ($550M); trough: 2022 ($443M).

Alro Steel Corporation multi-year asset trail

Total plan assets by year, all Alro Steel Corporation plans on file

Year	Plans	Participants	Total Assets
2022	4	6,123	$443M
2023	4	6,204	$506M
2024	4	6,438	$550M

Alro Steel Corporation filing trail (2024)

Total Assets (Beginning of Year)	$2M
Net Assets (End of Year)	$3M
Net Income	$170K
Employer EIN	381300597
Plan Effective Date	1983-10-16
Filing Status	FILING RECEIVED

Nearby Money Purchase Plans in Michigan

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

Alro Steel Corporation Union Employees' Money Purchase Pension Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants

Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.6B · 35,197
Michigan Regional Council of Carpenters' Annuity Fund $531M · 17,855
P & M Holding Group, LLP & Affiliated Entities Pension Plan $250M · 1,182
Operating Engineers' Local 324, Defined Contribution Pension Plan $248M · 7,667
Michigan Laborers' Annuity Fund $129M · 4,355

Compare Alro Steel Corporation Union Employees' … side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Alro Steel Corporation Union Employees' Money Purchase Pension Plan by total assets, not by location.

Henkel Corporation Defined Contribution Retirement Plan (CT) $3M · 7
Fitzsimons Law Group, Ltd Money Purchase Pension Plan (IL) $3M · 3
Creative Data System, Inc (NJ) $3M · 2
Dr. Luis J. Deliz Varela Target Benefit Pension Plan (PR) $3M · 3

Frequently Asked Questions

How did Alro Steel Corporation Union Employees' Money Purchase Pension Plan assets move in 2024? ▼

Alro Steel Corporation Union Employees' Money Purchase Pension Plan grew at a solid clip - up 6.3% during 2024, from $2M to $3M. Reported net income was $170K.

How have Alro Steel Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Alro Steel Corporation's sponsor-wide assets grew 24.2%, from $443M to $550M.

Which Money Purchase plans are similar in size to Alro Steel Corporation Union Employees' Money Purchase Pension Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Henkel Corporation Defined Contribution Retirement Plan in CT ($3M, 7 participants).

Next read for Alro Steel Corporation Union Employees' …

Multi-year trail

Ways to act on Alro Steel Corporation Union Employees' Money Purchase Pension Plan's numbers.

By total assets, Alro Steel Corporation Union Employees' Money Purchase Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Michigan. Compare plans
Alro Steel Corporation's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 381300597.