Money Purchase · DOL Form 5500 · 2024
Alro Steel Corporation Money Purchase Plan
Data updated 2026-08-25
- $23M
- Total assets Small plan by assets
- 3,087
- Participants Above avg headcount
- 73rd
- Percentile by assets National rank
- $7,512
- Avg per participant Low balance/head
Official DOL plan name: Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade
$23M in assets, 3,087 participants
Alro Steel Corporation's Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported $23M in total assets and 3,087 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- #4,260 in Wholesale Trade (6,080 peers)
Coverage in Michigan
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) covers 3,087 participants in Michigan, 4.8x the typical Michigan plan (state average ~638 per filing). Assets: $23M.
- #4,260
- in Wholesale Trade (6,080 peers)
- +3.3%
- assets growth YoY
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s outsized position by total assets
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$23,190,247 Top 27% higher than 73% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) lands in the large band (3,087 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported net income fell from $1M in the plan year 2023 filing to $728K in the plan year 2024 filing.
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) reported participants rose from 2,948 in the plan year 2023 filing to 3,087 in the plan year 2024 filing.
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) end-of-year assets rose from $22M in the plan year 2023 filing to $23M in the plan year 2024 filing.
DOL schedule card
Filing strip 381300597 · Alro Steel Corporation PY 2024 · Money Purchase
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) · $23M · 3,087 · 73rd
- BOOK $23M
- VS-ST 3,087
- BOY 73rd
- SCH Money Purchase
- EBSA near Plumbers & Steamfitters Local 577 Annuity Plan
- PART ind #4260
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 Wholesale Trade retirement plans → · Plans in Michigan →
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $728K |
| Employer EIN | 381300597 |
| Plan Effective Date | 1995-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Alro Steel Corporation)
Sponsor-wide plan assets over time
All Alro Steel Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $550M 24.193641584436318% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 6,123 | $443M |
| 2023 | 4 | 6,204 | $506M |
| 2024 | 4 | 6,438 | $550M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- 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
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)'s out-of-state Money Purchase peers by assets and headcount
Outside Michigan, the nearest Money Purchase by assets is Plumbers & Steamfitters Local 577 Annuity Plan in KY ($23M); by covered participants it is Iatse Local 8 Annuity Fund in PA (3,078 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($23M here).
- Plumbers & Steamfitters Local 577 Annuity Plan (KY) $23M · 338
- Ceramic Tile & Marble Masons Union No 18 of Missouri Pension Plan (MO) $23M · 190
- Goodwill Industries of Northwest North Carolina, Inc. Money Purchase Plan (NC) $23M · 663
- The National Mutual Insurance Company Money Purchase Pension Plan (OH) $23M · 171
Similar participant headcount
Nearest other-state filings by covered participants (3,087 participants); asset peers above are excluded.
- Iatse Local 8 Annuity Fund (PA) 3,078 · 9 off
- Educational Testing Service 401(a) Retirement Plan (NJ) 3,097 · 10 off
- IBEW Local Union No. 22/NECA Defined Contribution Pension Fund, Plan B (NE) 3,130 · 43 off
- University of Dayton Defined Contribution Retirement Plan (OH) 3,130 · 43 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.