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PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 401k Plan overview

Plan NamePENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC
Plan identification number 002

PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ARCELORMITTAL USA RESEARCH LLC has sponsored the creation of one or more 401k plans.

Company Name:ARCELORMITTAL USA RESEARCH LLC
Employer identification number (EIN):853604815
NAIC Classification:331110
NAIC Description:Iron and Steel Mills and Ferroalloy Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-12-09

Financial Data on PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC

Measure Date Value
2020 : PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2020 401k financial data
Transfers to/from the plan2020-12-31$8,922,616
Total income from all sources2020-12-31$139,193
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$9,061,809
Total plan assets at beginning of year2020-12-31$0
Value of fidelity bond covering the plan2020-12-31$75,000,000
Other income received2020-12-31$139,193
Net income (gross income less expenses)2020-12-31$139,193
Net plan assets at end of year (total assets less liabilities)2020-12-31$9,061,809
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0

Form 5500 Responses for PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC

2020: PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2020 form 5500 responses
2020-12-09Type of plan entitySingle employer plan
2020-12-09First time form 5500 has been submittedYes
2020-12-09Submission has been amendedNo
2020-12-09This submission is the final filingNo
2020-12-09This return/report is a short plan year return/report (less than 12 months)Yes
2020-12-09Plan is a collectively bargained planNo
2020-12-09Plan funding arrangement – TrustYes
2020-12-09Plan benefit arrangement - TrustYes

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