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LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 401k Plan overview

Plan NameLATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM
Plan identification number 026

LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

LATROBE SPECIALTY STEEL COMPANY has sponsored the creation of one or more 401k plans.

Company Name:LATROBE SPECIALTY STEEL COMPANY
Employer identification number (EIN):250610595
NAIC Classification:331110
NAIC Description:Iron and Steel Mills and Ferroalloy Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0262012-01-01MICHAEL A. HAJOST
0262011-01-01THOMAS F CRAMSEY
0262010-01-01DALE B. MIKUS DALE B. MIKUS2011-12-14
0262009-01-01DALE B MIKUS DALE B MIKUS2010-09-02
0262009-01-01

Plan Statistics for LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM

401k plan membership statisitcs for LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM

Measure Date Value
2012: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2012 401k membership
Total participants, beginning-of-year2012-01-01538
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2011 401k membership
Total participants, beginning-of-year2011-01-01529
Total number of active participants reported on line 7a of the Form 55002011-01-01478
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0160
Total of all active and inactive participants2011-01-01538
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01538
Number of participants with account balances2011-01-01537
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2010 401k membership
Total participants, beginning-of-year2010-01-01524
Total number of active participants reported on line 7a of the Form 55002010-01-01453
Number of retired or separated participants receiving benefits2010-01-011
Number of other retired or separated participants entitled to future benefits2010-01-0174
Total of all active and inactive participants2010-01-01528
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-01529
Number of participants with account balances2010-01-01519
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2009 401k membership
Total participants, beginning-of-year2009-01-01530
Total number of active participants reported on line 7a of the Form 55002009-01-01450
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0174
Total of all active and inactive participants2009-01-01524
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01524
Number of participants with account balances2009-01-01524
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM

Measure Date Value
2012 : LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$32,553,731
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$13,406
Total income from all sources (including contributions)2012-12-31$7,312,902
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$2,207,864
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,175,783
Value of total corrective distributions2012-12-31$717
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$4,243,326
Value of total assets at end of year2012-12-31$0
Value of total assets at beginning of year2012-12-31$27,462,099
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$31,364
Total interest from all sources2012-12-31$142,674
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$818,006
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$818,006
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$2,146,681
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$722,227
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$171,050
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$13,406
Other income not declared elsewhere2012-12-31$371
Administrative expenses (other) incurred2012-12-31$31,364
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$5,105,038
Value of net assets at end of year (total assets less liabilities)2012-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$27,448,693
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$21,357,385
Interest on participant loans2012-12-31$30,880
Interest earned on other investments2012-12-31$111,794
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$5,064,587
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,343,048
Net investment gain or loss from common/collective trusts2012-12-31$-234,523
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,925,595
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$317,900
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,175,783
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31PARENTEBEARD, LLC
Accountancy firm EIN2012-12-31232932984
2011 : LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$13,406
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$4,078,733
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,211,211
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,167,583
Value of total corrective distributions2011-12-31$13,406
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$4,223,009
Value of total assets at end of year2011-12-31$27,462,099
Value of total assets at beginning of year2011-12-31$24,581,171
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$30,222
Total interest from all sources2011-12-31$34,322
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$722,128
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$722,128
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$2,087,030
Participant contributions at end of year2011-12-31$722,227
Participant contributions at beginning of year2011-12-31$763,073
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$61,739
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$13,406
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Administrative expenses (other) incurred2011-12-31$30,222
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$2,867,522
Value of net assets at end of year (total assets less liabilities)2011-12-31$27,448,693
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$24,581,171
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$21,357,385
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$19,734,465
Interest on participant loans2011-12-31$34,322
Value of interest in common/collective trusts at end of year2011-12-31$5,064,587
Value of interest in common/collective trusts at beginning of year2011-12-31$3,767,363
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,104,331
Net investment gain or loss from common/collective trusts2011-12-31$203,605
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$2,074,240
Employer contributions (assets) at end of year2011-12-31$317,900
Employer contributions (assets) at beginning of year2011-12-31$316,270
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,167,583
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31LOUIS PLUNG & COMPANY, LLP
Accountancy firm EIN2011-12-31251637458
2010 : LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$58,853
Total income from all sources (including contributions)2010-12-31$5,757,914
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$2,071,153
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,042,451
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$3,282,615
Value of total assets at end of year2010-12-31$24,581,171
Value of total assets at beginning of year2010-12-31$20,953,263
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$28,702
Total interest from all sources2010-12-31$37,822
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$441,940
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$441,940
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,825,040
Participant contributions at end of year2010-12-31$763,073
Participant contributions at beginning of year2010-12-31$768,615
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$102,772
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$58,853
Administrative expenses (other) incurred2010-12-31$28,702
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$3,686,761
Value of net assets at end of year (total assets less liabilities)2010-12-31$24,581,171
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$20,894,410
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$19,734,465
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$16,382,333
Interest on participant loans2010-12-31$37,822
Value of interest in common/collective trusts at end of year2010-12-31$3,767,363
Value of interest in common/collective trusts at beginning of year2010-12-31$3,634,639
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,827,839
Net investment gain or loss from common/collective trusts2010-12-31$167,698
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,354,803
Employer contributions (assets) at end of year2010-12-31$316,270
Employer contributions (assets) at beginning of year2010-12-31$167,676
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,042,451
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31Yes
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31LOUIS PLUNG & COMPANY, LLP
Accountancy firm EIN2010-12-31251637458

Form 5500 Responses for LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM

2012: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LATROBE STEEL COMPANY SAVINGS AND INVESTMENT PROGRAM 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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