LIBERTY STEEL INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2023 : LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $-70,938 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $-70,938 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $782,800 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $176,796 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $172,509 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $433,292 |
| Value of total assets at end of year | 2023-12-31 | $3,834,313 |
| Value of total assets at beginning of year | 2023-12-31 | $3,228,309 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $4,287 |
| Total interest from all sources | 2023-12-31 | $3,370 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $97,364 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $84,241 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $3,700 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $988 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $606,004 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $3,834,313 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,228,309 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $4,287 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $2,579,834 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $1,628,319 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $70,145 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $87,491 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $87,491 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $3,370 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $319,712 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $433,292 |
| Employer contributions (assets) at end of year | 2023-12-31 | $219,564 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $510,253 |
| Income. Dividends from common stock | 2023-12-31 | $13,123 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $172,509 |
| Asset. Corporate debt instrument debt (other) at end of year | 2023-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2023-12-31 | $49,766 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-12-31 | $961,070 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $951,492 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PACKER THOMAS |
| Accountancy firm EIN | 2023-12-31 | 341667340 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $-70,938 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $-70,938 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $782,800 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $176,796 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $172,509 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $433,292 |
| Value of total assets at end of year | 2023-01-01 | $3,834,313 |
| Value of total assets at beginning of year | 2023-01-01 | $3,228,309 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $4,287 |
| Total interest from all sources | 2023-01-01 | $3,370 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $97,364 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $84,241 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $3,700 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $988 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $606,004 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $3,834,313 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $3,228,309 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $4,287 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $2,579,834 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $1,628,319 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $70,145 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $3,370 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $319,712 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $433,292 |
| Employer contributions (assets) at end of year | 2023-01-01 | $219,564 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $510,253 |
| Income. Dividends from common stock | 2023-01-01 | $13,123 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $172,509 |
| Asset. Corporate debt instrument debt (other) at end of year | 2023-01-01 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2023-01-01 | $49,766 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-01-01 | $961,070 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-01-01 | $951,492 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PACKER THOMAS |
| Accountancy firm EIN | 2023-01-01 | 341667340 |
| 2022 : LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-271,756 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-271,756 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $30,824 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,042,921 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,040,084 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $510,253 |
| Value of total assets at end of year | 2022-12-31 | $3,228,309 |
| Value of total assets at beginning of year | 2022-12-31 | $4,240,406 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,837 |
| Total interest from all sources | 2022-12-31 | $4,257 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $81,226 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $62,858 |
| Administrative expenses professional fees incurred | 2022-12-31 | $2,837 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $988 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $4,566 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,012,097 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,228,309 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,240,406 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,628,319 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,308,792 |
| Income. Interest from corporate debt instruments | 2022-12-31 | $1,350 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $87,491 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $60,960 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $60,960 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $2,907 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-293,156 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $510,253 |
| Employer contributions (assets) at end of year | 2022-12-31 | $510,253 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $369,744 |
| Income. Dividends from common stock | 2022-12-31 | $18,368 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,040,084 |
| Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $49,766 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $355,490 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $951,492 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $1,140,854 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PACKER THOMAS |
| Accountancy firm EIN | 2022-12-31 | 341667340 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $-271,756 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $-271,756 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $30,824 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,042,921 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,040,084 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $510,253 |
| Value of total assets at end of year | 2022-01-01 | $3,228,309 |
| Value of total assets at beginning of year | 2022-01-01 | $4,240,406 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $2,837 |
| Total interest from all sources | 2022-01-01 | $4,257 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $81,226 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $62,858 |
| Administrative expenses professional fees incurred | 2022-01-01 | $2,837 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $988 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $4,566 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,012,097 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,228,309 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $4,240,406 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $1,628,319 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $2,308,792 |
| Income. Interest from corporate debt instruments | 2022-01-01 | $1,350 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $87,491 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $2,907 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-293,156 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $510,253 |
| Employer contributions (assets) at end of year | 2022-01-01 | $510,253 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $369,744 |
| Income. Dividends from common stock | 2022-01-01 | $18,368 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,040,084 |
| Asset. Corporate debt instrument debt (other) at end of year | 2022-01-01 | $49,766 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-01-01 | $355,490 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-01-01 | $951,492 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-01-01 | $1,140,854 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PACKER THOMAS |
| Accountancy firm EIN | 2022-01-01 | 341667340 |
| 2021 : LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $143,442 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $143,442 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $791,925 |
| Total loss/gain on sale of assets | 2021-12-31 | $242,492 |
| Total of all expenses incurred | 2021-12-31 | $184,800 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $152,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $369,744 |
| Value of total assets at end of year | 2021-12-31 | $4,240,406 |
| Value of total assets at beginning of year | 2021-12-31 | $3,633,281 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $31,900 |
| Total interest from all sources | 2021-12-31 | $10,775 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $67,662 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $53,072 |
| Administrative expenses professional fees incurred | 2021-12-31 | $31,900 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $4,566 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $4,540 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $607,125 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,240,406 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,633,281 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,308,792 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,820,456 |
| Income. Interest from corporate debt instruments | 2021-12-31 | $10,769 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $60,960 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $57,605 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $57,605 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $6 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-42,190 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $369,744 |
| Employer contributions (assets) at end of year | 2021-12-31 | $369,744 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $376,300 |
| Income. Dividends from common stock | 2021-12-31 | $14,590 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $152,900 |
| Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $355,490 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $542,492 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $1,140,854 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $831,888 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $791,646 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $549,154 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PACKER THOMAS |
| Accountancy firm EIN | 2021-12-31 | 341667340 |
| 2020 : LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $106,378 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $106,378 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $721,119 |
| Total loss/gain on sale of assets | 2020-12-31 | $148,168 |
| Total of all expenses incurred | 2020-12-31 | $398,243 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $373,200 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $376,300 |
| Value of total assets at end of year | 2020-12-31 | $3,633,281 |
| Value of total assets at beginning of year | 2020-12-31 | $3,310,405 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $25,043 |
| Total interest from all sources | 2020-12-31 | $15,237 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $50,539 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $36,201 |
| Assets. Real estate other than employer real property at end of year | 2020-12-31 | $0 |
| Assets. Real estate other than employer real property at beginning of year | 2020-12-31 | $42,873 |
| Administrative expenses professional fees incurred | 2020-12-31 | $25,043 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $4,540 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $7,001 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $322,876 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,633,281 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,310,405 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,820,456 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,573,339 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $15,231 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $57,605 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $20,169 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $20,169 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $6 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $24,497 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $376,300 |
| Employer contributions (assets) at end of year | 2020-12-31 | $376,300 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $320,676 |
| Income. Dividends from common stock | 2020-12-31 | $14,338 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $373,200 |
| Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $542,492 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $755,845 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $831,888 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $590,502 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $956,969 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $808,801 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | PACKER THOMAS |
| Accountancy firm EIN | 2020-12-31 | 341667340 |
