401k Plan data: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN plan

OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN
Plan identification number	004

OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Life insurance

401k Sponsoring company profile

OLYMPIC STEEL MINNEAPOLIS, INC. has sponsored the creation of one or more 401k plans.

Company Name: OLYMPIC STEEL MINNEAPOLIS, INC.

Employer identification number (EIN): 411842186

NAIC Classification: 331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2022-01-01 DAN HAWK 2023-07-21
004 2021-01-01 DAN HAWK 2022-02-10
004 2020-01-01 DAN HAWK 2021-06-14
004 2018-01-01
004 2017-01-01 RICHARD MANSON
004 2016-01-01 RICHARD MANSON
004 2015-01-01 RICHARD MANSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
004	2022-01-01	DAN HAWK	2023-07-21
004	2021-01-01	DAN HAWK	2022-02-10
004	2020-01-01	DAN HAWK	2021-06-14
004	2018-01-01
004	2017-01-01	RICHARD MANSON
004	2016-01-01	RICHARD MANSON
004	2015-01-01	RICHARD MANSON

Plan Statistics for OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN

401k plan membership statisitcs for OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN

Measure Date Value
2018: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 100
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 87
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 9
Total of all active and inactive participants 2018-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 96
Number of participants with account balances 2018-01-01 67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 100
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 93
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 7
Total of all active and inactive participants 2017-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 100
Number of participants with account balances 2017-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 117
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 93
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 7
Total of all active and inactive participants 2016-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 100
Number of participants with account balances 2016-01-01 73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 104
Number of other retired or separated participants entitled to future benefits 2015-01-01 12
Total of all active and inactive participants 2015-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 1
Total participants 2015-01-01 117
Number of participants with account balances 2015-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2018: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	100
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	87
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	9
Total of all active and inactive participants	2018-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	96
Number of participants with account balances	2018-01-01	67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	100
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	93
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	7
Total of all active and inactive participants	2017-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	100
Number of participants with account balances	2017-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	117
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	93
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	7
Total of all active and inactive participants	2016-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	100
Number of participants with account balances	2016-01-01	73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	104
Number of other retired or separated participants entitled to future benefits	2015-01-01	12
Total of all active and inactive participants	2015-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	1
Total participants	2015-01-01	117
Number of participants with account balances	2015-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN

Measure	Date	Value
2018 : OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$-1,126
Total unrealized appreciation/depreciation of assets	2018-12-31	$-1,126
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$3,679
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$3,639
Total income from all sources (including contributions)	2018-12-31	$-58,233
Total of all expenses incurred	2018-12-31	$791,005
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$758,993
Expenses. Certain deemed distributions of participant loans	2018-12-31	$3,868
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$249,430
Value of total assets at end of year	2018-12-31	$6,845,237
Value of total assets at beginning of year	2018-12-31	$7,694,435
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$28,144
Total interest from all sources	2018-12-31	$10,010
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$97,033
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$97,033
Administrative expenses professional fees incurred	2018-12-31	$1,700
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$168,056
Participant contributions at end of year	2018-12-31	$185,489
Participant contributions at beginning of year	2018-12-31	$191,311
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2018-12-31	$61,448
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$62,575
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$13,712
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$3,679
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$3,639
Total non interest bearing cash at end of year	2018-12-31	$9,768
Total non interest bearing cash at beginning of year	2018-12-31	$10,392
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-849,238
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$6,841,558
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$7,690,796
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$7,500
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$5,796,740
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$7,007,740
Interest on participant loans	2018-12-31	$10,010
Value of interest in common/collective trusts at end of year	2018-12-31	$773,547
Value of interest in common/collective trusts at beginning of year	2018-12-31	$405,091
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-413,580
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$67,662
Employer contributions (assets) at end of year	2018-12-31	$18,245
Employer contributions (assets) at beginning of year	2018-12-31	$17,326
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$758,993
Contract administrator fees	2018-12-31	$18,944
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	REA & ASSOCIATES, INC.
Accountancy firm EIN	2018-12-31	341310124
2017 : OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$11,148
Total unrealized appreciation/depreciation of assets	2017-12-31	$11,148
Total transfer of assets from this plan	2017-12-31	$1,713
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$3,639
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$10,000
Total income from all sources (including contributions)	2017-12-31	$1,517,715
Total of all expenses incurred	2017-12-31	$599,127
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$579,788
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$221,125
Value of total assets at end of year	2017-12-31	$7,694,435
Value of total assets at beginning of year	2017-12-31	$6,783,921
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$19,339
Total interest from all sources	2017-12-31	$10,935
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$97,325
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$97,325
Administrative expenses professional fees incurred	2017-12-31	$1,700
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$156,526
Participant contributions at end of year	2017-12-31	$191,311
Participant contributions at beginning of year	2017-12-31	$252,333
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$13,527
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$62,575
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$51,427
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$3,639
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$10,000
Total non interest bearing cash at end of year	2017-12-31	$10,392
Total non interest bearing cash at beginning of year	2017-12-31	$10,100
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$918,588
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$7,690,796
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$6,773,921
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$9,186
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$7,007,740
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$5,763,275
Income. Interest from loans (other than to participants)	2017-12-31	$10,935
Value of interest in common/collective trusts at end of year	2017-12-31	$405,091
Value of interest in common/collective trusts at beginning of year	2017-12-31	$678,191
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,164,827
Net investment gain or loss from common/collective trusts	2017-12-31	$12,355
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$64,599
Employer contributions (assets) at end of year	2017-12-31	$17,326
Employer contributions (assets) at beginning of year	2017-12-31	$15,068
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$579,788
Contract administrator fees	2017-12-31	$8,453
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	REA & ASSOCIATES, INC.
Accountancy firm EIN	2017-12-31	341310124
2016 : OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2016-12-31	$3,489
Total unrealized appreciation/depreciation of assets	2016-12-31	$3,489
Total transfer of assets from this plan	2016-12-31	$438,428
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$10,000
Total income from all sources (including contributions)	2016-12-31	$623,286
Total of all expenses incurred	2016-12-31	$423,648
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$388,791
Expenses. Certain deemed distributions of participant loans	2016-12-31	$20,960
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$224,687
Value of total assets at end of year	2016-12-31	$6,783,921
Value of total assets at beginning of year	2016-12-31	$7,012,711
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$13,897
Total interest from all sources	2016-12-31	$11,819
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$66,734
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$66,734
Administrative expenses professional fees incurred	2016-12-31	$4,608
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$161,093
Participant contributions at end of year	2016-12-31	$252,333
Participant contributions at beginning of year	2016-12-31	$309,912
Participant contributions at end of year	2016-12-31	$13,527
Participant contributions at beginning of year	2016-12-31	$14,024
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$51,427
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$54,466
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$10,000
Total non interest bearing cash at end of year	2016-12-31	$10,100
Total non interest bearing cash at beginning of year	2016-12-31	$1,688
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$199,638
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$6,773,921
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$7,012,711
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$5,763,275
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$5,939,511
Interest on participant loans	2016-12-31	$11,819
Value of interest in common/collective trusts at end of year	2016-12-31	$678,191
Value of interest in common/collective trusts at beginning of year	2016-12-31	$676,218
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$304,954
Net investment gain or loss from common/collective trusts	2016-12-31	$11,603
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$63,594
Employer contributions (assets) at end of year	2016-12-31	$15,068
Employer contributions (assets) at beginning of year	2016-12-31	$16,892
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$388,791
Contract administrator fees	2016-12-31	$9,289
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	WALTHALL LLP
Accountancy firm EIN	2016-12-31	340644631
2015 : OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$2,024
Total unrealized appreciation/depreciation of assets	2015-12-31	$2,024
Total transfer of assets from this plan	2015-12-31	$8,478
Total income from all sources (including contributions)	2015-12-31	$285,059
Total of all expenses incurred	2015-12-31	$883,497
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$859,560
Expenses. Certain deemed distributions of participant loans	2015-12-31	$11,671
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$226,954
Value of total assets at end of year	2015-12-31	$7,012,711
Value of total assets at beginning of year	2015-12-31	$7,619,627
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$12,266
Total interest from all sources	2015-12-31	$11,590
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$89,799
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$89,799
Administrative expenses professional fees incurred	2015-12-31	$1,067
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$160,175
Participant contributions at end of year	2015-12-31	$309,912
Participant contributions at beginning of year	2015-12-31	$307,372
Participant contributions at end of year	2015-12-31	$14,024
Participant contributions at beginning of year	2015-12-31	$12,840
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$54,466
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$52,441
Total non interest bearing cash at end of year	2015-12-31	$1,688
Total non interest bearing cash at beginning of year	2015-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$-598,438
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$7,012,711
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$7,619,627
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$5,939,511
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$6,271,030
Interest on participant loans	2015-12-31	$11,590
Value of interest in common/collective trusts at end of year	2015-12-31	$676,218
Value of interest in common/collective trusts at beginning of year	2015-12-31	$959,195
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-28,281
Net investment gain or loss from common/collective trusts	2015-12-31	$-17,027
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$66,779
Employer contributions (assets) at end of year	2015-12-31	$16,892
Employer contributions (assets) at beginning of year	2015-12-31	$16,749
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$859,560
Contract administrator fees	2015-12-31	$11,199
Did the plan have assets held for investment	2015-12-31	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	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	WALTHALL LLP
Accountancy firm EIN	2015-12-31	340644631

Form 5500 Responses for OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN

2018: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan is a collectively bargained plan	Yes
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan is a collectively bargained plan	Yes
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan is a collectively bargained plan	Yes
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: OLYMPIC STEEL, INC. UNION EMPLOYEES 401(K) RETIREMENT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan is a collectively bargained plan	Yes
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

RELIASTAR LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67105 )

Policy contract number

PT 8157

Policy instance

Insurance contract or identification number	PT 8157
Number of Individuals Covered	3
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Are there contracts with allocated funds for individual policies?	1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

RELIASTAR LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67105 )

Policy contract number

PT 8157

Policy instance

Insurance contract or identification number	PT 8157
Number of Individuals Covered	3
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

RELIASTAR LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67105 )

Policy contract number

PT 8157

Policy instance

Insurance contract or identification number	PT 8157
Number of Individuals Covered	4
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $10
Are there contracts with allocated funds for individual policies?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $10
Insurance broker organization code?	3
Insurance broker name	GEORGE RICHARD MIHAL, JR

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Company Name:	OLYMPIC STEEL MINNEAPOLIS, INC.
Employer identification number (EIN):	411842186
NAIC Classification:	331200