401k Plan data: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN plan

LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN
Plan identification number	001

LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

LIBERTY STEEL INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: LIBERTY STEEL INDUSTRIES, INC.

Employer identification number (EIN): 472870834

NAIC Classification: 331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 PHIL LAPMARDO 2023-10-13
001 2021-01-01 PHIL LAPMARDO 2022-10-05
001 2020-01-01 PHIL LAPMARDO 2021-10-12
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01
001 2015-04-01

Plan Statistics for LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN

Measure Date Value
2022: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 4,232,830
Acturial value of plan assets 2022-12-31 4,014,337
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 238,629
Number of terminated vested participants 2022-12-31 15
Fundng target for terminated vested participants 2022-12-31 87,099
Active participant vested funding target 2022-12-31 3,575,287
Number of active participants 2022-12-31 131
Total funding liabilities for active participants 2022-12-31 3,840,953
Total participant count 2022-12-31 147
Total funding target for all participants 2022-12-31 4,166,681
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 392,584
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 274,071
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 118,513
Present value of excess contributions 2022-12-31 206,663
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 232,351
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 232,351
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 365,595
Total employer contributions 2022-12-31 510,253
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 471,335
Liquidity shortfalls end of Q1 2022-12-31 0
Liquidity shortfalls end of Q2 2022-12-31 0
Liquidity shortfalls end of Q3 2022-12-31 0
Liquidity shortfalls end of Q4 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 394,804
Net shortfall amortization installment of oustanding balance 2022-12-31 517,939
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 447,044
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 365,595
Additional cash requirement 2022-12-31 81,449
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 471,335
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 134
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 17
Total of all active and inactive participants 2022-01-01 152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 3
Total participants 2022-01-01 155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 8
2021: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 3,625,651
Acturial value of plan assets 2021-12-31 3,409,697
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 206,846
Number of terminated vested participants 2021-12-31 9
Fundng target for terminated vested participants 2021-12-31 90,576
Active participant vested funding target 2021-12-31 3,050,639
Number of active participants 2021-12-31 131
Total funding liabilities for active participants 2021-12-31 3,263,717
Total participant count 2021-12-31 141
Total funding target for all participants 2021-12-31 3,561,139
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 378,665
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 274,181
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 104,484
Present value of excess contributions 2021-12-31 247,515
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 276,053
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 276,053
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 392,584
Total employer contributions 2021-12-31 369,744
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 343,417
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 358,244
Net shortfall amortization installment of oustanding balance 2021-12-31 544,026
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 410,825
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 274,071
Additional cash requirement 2021-12-31 136,754
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 343,417
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 141
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 128
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 13
Total of all active and inactive participants 2021-01-01 142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 2
Total participants 2021-01-01 144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 3
2020: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 3,303,924
Acturial value of plan assets 2020-12-31 3,186,392
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 220,042
Number of terminated vested participants 2020-12-31 8
Fundng target for terminated vested participants 2020-12-31 77,222
Active participant vested funding target 2020-12-31 2,788,781
Number of active participants 2020-12-31 123
Total funding liabilities for active participants 2020-12-31 2,950,648
Total participant count 2020-12-31 132
Total funding target for all participants 2020-12-31 3,247,912
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 399,311
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 233,952
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 165,359
Present value of excess contributions 2020-12-31 156,006
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 183,822
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 183,822
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 378,665
Total employer contributions 2020-12-31 376,300
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 349,285
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 334,623
Net shortfall amortization installment of oustanding balance 2020-12-31 440,185
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 375,951
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 274,181
Additional cash requirement 2020-12-31 101,770
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 349,285
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 125
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 7
Total of all active and inactive participants 2020-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 2
Total participants 2020-01-01 135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 5
2019: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 2,788,624
Acturial value of plan assets 2019-12-31 2,888,994
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 236,839
Number of terminated vested participants 2019-12-31 8
Fundng target for terminated vested participants 2019-12-31 120,008
Active participant vested funding target 2019-12-31 2,601,990
Number of active participants 2019-12-31 108
Total funding liabilities for active participants 2019-12-31 2,706,302
Total participant count 2019-12-31 117
Total funding target for all participants 2019-12-31 3,063,149
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 285,904
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 141,235
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 144,669
Present value of excess contributions 2019-12-31 259,658
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 260,458
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 260,458
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 399,311
Total employer contributions 2019-12-31 320,676
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 298,353
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 239,125
Net shortfall amortization installment of oustanding balance 2019-12-31 573,466
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 376,299
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 233,952
Additional cash requirement 2019-12-31 142,347
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 298,353
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,934,571
Acturial value of plan assets 2018-12-31 2,769,491
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 251,109
Number of terminated vested participants 2018-12-31 5
Fundng target for terminated vested participants 2018-12-31 93,118
Active participant vested funding target 2018-12-31 2,564,910
Number of active participants 2018-12-31 106
Total funding liabilities for active participants 2018-12-31 2,682,408
Total participant count 2018-12-31 112
Total funding target for all participants 2018-12-31 3,026,635
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 416,338
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 259,410
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 156,928
Present value of excess contributions 2018-12-31 91,382
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 105,217
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 105,217
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 285,904
Total employer contributions 2018-12-31 466,786
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 439,096
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 247,233
Net shortfall amortization installment of oustanding balance 2018-12-31 543,048
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 320,673
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 141,235
Additional cash requirement 2018-12-31 179,438
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 439,096
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,704,727
Acturial value of plan assets 2017-12-31 2,733,696
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 242,623
Number of terminated vested participants 2017-12-31 3
Fundng target for terminated vested participants 2017-12-31 15,144
Active participant vested funding target 2017-12-31 2,392,649
Number of active participants 2017-12-31 97
Total funding liabilities for active participants 2017-12-31 2,467,374
Total participant count 2017-12-31 101
Total funding target for all participants 2017-12-31 2,725,141
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 284,946
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 244,152
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 40,794
Present value of excess contributions 2017-12-31 344,303
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 371,917
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 371,917
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 416,338
Total employer contributions 2017-12-31 156,356
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 144,681
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 211,487
Net shortfall amortization installment of oustanding balance 2017-12-31 407,783
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 312,709
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 259,410
Additional cash requirement 2017-12-31 53,299
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 144,681
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,559,241
Acturial value of plan assets 2016-12-31 2,655,690
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 252,873
Number of terminated vested participants 2016-12-31 3
Fundng target for terminated vested participants 2016-12-31 70,815
Active participant vested funding target 2016-12-31 2,223,051
Number of active participants 2016-12-31 93
Total funding liabilities for active participants 2016-12-31 2,316,879
Total participant count 2016-12-31 97
Total funding target for all participants 2016-12-31 2,640,567
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 307,434
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 13,887
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 293,547
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 284,946
Total employer contributions 2016-12-31 402,275
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 369,150
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 180,056
Net shortfall amortization installment of oustanding balance 2016-12-31 269,823
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 268,999
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 244,152
Additional cash requirement 2016-12-31 24,847
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 369,150
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	4,232,830
Acturial value of plan assets	2022-12-31	4,014,337
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	238,629
Number of terminated vested participants	2022-12-31	15
Fundng target for terminated vested participants	2022-12-31	87,099
Active participant vested funding target	2022-12-31	3,575,287
Number of active participants	2022-12-31	131
Total funding liabilities for active participants	2022-12-31	3,840,953
Total participant count	2022-12-31	147
Total funding target for all participants	2022-12-31	4,166,681
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	392,584
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	274,071
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	118,513
Present value of excess contributions	2022-12-31	206,663
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	232,351
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	232,351
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	365,595
Total employer contributions	2022-12-31	510,253
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	471,335
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	394,804
Net shortfall amortization installment of oustanding balance	2022-12-31	517,939
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	447,044
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	365,595
Additional cash requirement	2022-12-31	81,449
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	471,335
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	134
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	17
Total of all active and inactive participants	2022-01-01	152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	3
Total participants	2022-01-01	155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	8
2021: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	3,625,651
Acturial value of plan assets	2021-12-31	3,409,697
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	206,846
Number of terminated vested participants	2021-12-31	9
Fundng target for terminated vested participants	2021-12-31	90,576
Active participant vested funding target	2021-12-31	3,050,639
Number of active participants	2021-12-31	131
Total funding liabilities for active participants	2021-12-31	3,263,717
Total participant count	2021-12-31	141
Total funding target for all participants	2021-12-31	3,561,139
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	378,665
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	274,181
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	104,484
Present value of excess contributions	2021-12-31	247,515
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	276,053
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	276,053
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	392,584
Total employer contributions	2021-12-31	369,744
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	343,417
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	358,244
Net shortfall amortization installment of oustanding balance	2021-12-31	544,026
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	410,825
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	274,071
Additional cash requirement	2021-12-31	136,754
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	343,417
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	141
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	128
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	13
Total of all active and inactive participants	2021-01-01	142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	2
Total participants	2021-01-01	144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	3
2020: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	3,303,924
Acturial value of plan assets	2020-12-31	3,186,392
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	220,042
Number of terminated vested participants	2020-12-31	8
Fundng target for terminated vested participants	2020-12-31	77,222
Active participant vested funding target	2020-12-31	2,788,781
Number of active participants	2020-12-31	123
Total funding liabilities for active participants	2020-12-31	2,950,648
Total participant count	2020-12-31	132
Total funding target for all participants	2020-12-31	3,247,912
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	399,311
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	233,952
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	165,359
Present value of excess contributions	2020-12-31	156,006
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	183,822
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	183,822
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	378,665
Total employer contributions	2020-12-31	376,300
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	349,285
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	334,623
Net shortfall amortization installment of oustanding balance	2020-12-31	440,185
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	375,951
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	274,181
Additional cash requirement	2020-12-31	101,770
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	349,285
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	125
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	7
Total of all active and inactive participants	2020-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	2
Total participants	2020-01-01	135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	5
2019: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	2,788,624
Acturial value of plan assets	2019-12-31	2,888,994
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	236,839
Number of terminated vested participants	2019-12-31	8
Fundng target for terminated vested participants	2019-12-31	120,008
Active participant vested funding target	2019-12-31	2,601,990
Number of active participants	2019-12-31	108
Total funding liabilities for active participants	2019-12-31	2,706,302
Total participant count	2019-12-31	117
Total funding target for all participants	2019-12-31	3,063,149
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	285,904
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	141,235
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	144,669
Present value of excess contributions	2019-12-31	259,658
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	260,458
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	260,458
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	399,311
Total employer contributions	2019-12-31	320,676
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	298,353
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	239,125
Net shortfall amortization installment of oustanding balance	2019-12-31	573,466
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	376,299
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	233,952
Additional cash requirement	2019-12-31	142,347
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	298,353
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,934,571
Acturial value of plan assets	2018-12-31	2,769,491
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	251,109
Number of terminated vested participants	2018-12-31	5
Fundng target for terminated vested participants	2018-12-31	93,118
Active participant vested funding target	2018-12-31	2,564,910
Number of active participants	2018-12-31	106
Total funding liabilities for active participants	2018-12-31	2,682,408
Total participant count	2018-12-31	112
Total funding target for all participants	2018-12-31	3,026,635
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	416,338
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	259,410
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	156,928
Present value of excess contributions	2018-12-31	91,382
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	105,217
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	105,217
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	285,904
Total employer contributions	2018-12-31	466,786
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	439,096
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	247,233
Net shortfall amortization installment of oustanding balance	2018-12-31	543,048
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	320,673
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	141,235
Additional cash requirement	2018-12-31	179,438
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	439,096
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,704,727
Acturial value of plan assets	2017-12-31	2,733,696
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	242,623
Number of terminated vested participants	2017-12-31	3
Fundng target for terminated vested participants	2017-12-31	15,144
Active participant vested funding target	2017-12-31	2,392,649
Number of active participants	2017-12-31	97
Total funding liabilities for active participants	2017-12-31	2,467,374
Total participant count	2017-12-31	101
Total funding target for all participants	2017-12-31	2,725,141
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	284,946
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	244,152
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	40,794
Present value of excess contributions	2017-12-31	344,303
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	371,917
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	371,917
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	416,338
Total employer contributions	2017-12-31	156,356
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	144,681
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	211,487
Net shortfall amortization installment of oustanding balance	2017-12-31	407,783
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	312,709
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	259,410
Additional cash requirement	2017-12-31	53,299
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	144,681
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,559,241
Acturial value of plan assets	2016-12-31	2,655,690
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	252,873
Number of terminated vested participants	2016-12-31	3
Fundng target for terminated vested participants	2016-12-31	70,815
Active participant vested funding target	2016-12-31	2,223,051
Number of active participants	2016-12-31	93
Total funding liabilities for active participants	2016-12-31	2,316,879
Total participant count	2016-12-31	97
Total funding target for all participants	2016-12-31	2,640,567
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	307,434
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	13,887
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	293,547
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	284,946
Total employer contributions	2016-12-31	402,275
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	369,150
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	180,056
Net shortfall amortization installment of oustanding balance	2016-12-31	269,823
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	268,999
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	244,152
Additional cash requirement	2016-12-31	24,847
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	369,150
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN

Measure	Date	Value
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
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

Form 5500 Responses for LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN

2022: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: LIBERTY STEEL INDUSTRIES, INC. DEFINED BENEFIT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	LIBERTY STEEL INDUSTRIES, INC.
Employer identification number (EIN):	472870834
NAIC Classification:	331200

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	PHIL LAPMARDO	2023-10-13
001	2021-01-01	PHIL LAPMARDO	2022-10-05
001	2020-01-01	PHIL LAPMARDO	2021-10-12
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-04-01