| 401k Plan Type | Defined 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)).
|
ARCELORMITTAL SALES & ADMINISTRATION LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC
| Measure | Date | Value |
|---|
| 2023 : PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2023 401k financial data |
|---|
| Total income from all sources | 2023-12-31 | $437,975 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $95,974 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $95,974 |
| Total plan assets at end of year | 2023-12-31 | $7,800,534 |
| Total plan assets at beginning of year | 2023-12-31 | $7,458,533 |
| Value of fidelity bond covering the plan | 2023-12-31 | $75,000,000 |
| Other income received | 2023-12-31 | $437,975 |
| Net income (gross income less expenses) | 2023-12-31 | $342,001 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $7,800,534 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $7,458,533 |
| 2022 : PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2022 401k financial data |
|---|
| Total income from all sources | 2022-12-31 | $-1,953,597 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $75,401 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $75,401 |
| Total plan assets at end of year | 2022-12-31 | $7,458,533 |
| Total plan assets at beginning of year | 2022-12-31 | $9,487,531 |
| Value of fidelity bond covering the plan | 2022-12-31 | $75,000,000 |
| Other income received | 2022-12-31 | $-1,953,597 |
| Net income (gross income less expenses) | 2022-12-31 | $-2,028,998 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $7,458,533 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $9,487,531 |
| 2021 : PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2021 401k financial data |
|---|
| Total income from all sources | 2021-12-31 | $445,813 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $20,091 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $20,091 |
| Total plan assets at end of year | 2021-12-31 | $9,487,531 |
| Total plan assets at beginning of year | 2021-12-31 | $9,061,809 |
| Value of fidelity bond covering the plan | 2021-12-31 | $75,000,000 |
| Other income received | 2021-12-31 | $445,813 |
| Net income (gross income less expenses) | 2021-12-31 | $425,722 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $9,487,531 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,061,809 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| 2020 : PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2020 401k financial data |
|---|
| Transfers to/from the plan | 2020-12-31 | $8,922,616 |
| Total income from all sources | 2020-12-31 | $139,193 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $0 |
| Total plan assets at end of year | 2020-12-31 | $9,061,809 |
| Total plan assets at beginning of year | 2020-12-31 | $0 |
| Value of fidelity bond covering the plan | 2020-12-31 | $75,000,000 |
| Other income received | 2020-12-31 | $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 securities | 2020-12-31 | $0 |
| 2023: PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Submission has been amended | No |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 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: PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 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: PENSION PLAN FOR HOURLY AND BARGAINING UNIT EMPLOYEES OF ARCELORMITTAL USA RESEARCH LLC 2020 form 5500 responses |
|---|
| 2020-12-09 | Type of plan entity | Single employer plan |
| 2020-12-09 | First time form 5500 has been submitted | Yes |
| 2020-12-09 | Submission has been amended | Yes |
| 2020-12-09 | This submission is the final filing | No |
| 2020-12-09 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2020-12-09 | Plan is a collectively bargained plan | No |
| 2020-12-09 | Plan funding arrangement – Trust | Yes |
| 2020-12-09 | Plan benefit arrangement - Trust | Yes |
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