Other
2023 plan-year Other DOL Form 5500

FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

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

FABARC STEEL SUPPLY, INC.

This Other plan holds $67M in total assets and serves 214 participants as of 2023. It is sponsored by FABARC STEEL SUPPLY, INC. in Alabama. The plan reported positive net income of $13M for the year.

Total Assets (2023)
$67M
Participants
214
State
Industry
Manufacturing

What the Filing Says About FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by FABARC STEEL SUPPLY, INC., headquartered in Alabama. As of the 2023 Form 5500 filing, the plan reports $67M in total end-of-year assets and covers 214 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 630769076, and the plan has been effective since 2018-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $43M at the beginning of 2023 to $67M at year-end — a gain of 53.3%. Net assets (after liabilities) closed the year at $39M, with reported net income of $13M 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)$43M
Total Assets (End of Year)$67M
Net Assets (End of Year)$39M
Net Income$13M
Plan TypeOther
Employer EIN630769076
Plan Effective Date2018-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FABARC STEEL SUPPLY, INC.)

Year Plans Participants Total Assets
2022 1 207 $43M
2023 1 214 $67M

Nearby Other Plans in Alabama

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

Frequently Asked Questions

How much money is in the FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN holds $67M in total assets with 214 participants. It is sponsored by FABARC STEEL SUPPLY, INC..
What type of plan is FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 2018-10-01. The plan is filed with the U.S. Department of Labor under EIN 630769076.
Who sponsors the FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by FABARC STEEL SUPPLY, INC., located in Alabama. The sponsor's EIN is 630769076 and the plan operates in the Manufacturing industry.
How did FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN grew by 53.3% during 2023, moving from $43M to $67M in total assets. Net income was $13M.
Where can I find official filings for FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630769076 or plan name at efast.dol.gov.
How does FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare FABARC STEEL SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN against other Other 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.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 630769076.

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.