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Employers › Alabama

Employer · plans filed under one EIN

Sabel Steel Service, Inc.

Montgomery, AL · Wholesale trade

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$15.4Mnet assets across plans
452participant records319 active
$438Kemployer contributions, latest plan years$1,373 per active record
$119KSchedule C compensation to organisations$264.09 per participant record

Sabel Steel Service, Inc., based in Montgomery, Alabama, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 452 participant records and $15.4M in net assets.

The largest is Sabel Steel Service, Inc. Money Purchase Plan, a money purchase plan with 306 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $438K and participant contributions $603K in the latest plan years; benefits paid were $1.0M. Schedule C compensation reported to service provider organisations totalled $119K.

Combined net assets moved from $10.4M in 2009 to $15.4M in 2024 (up 49%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Sabel Steel Service, Inc. Money Purchase Planmoney purchase plan2024306$2.4M$7,731$1,052$25K
Sabel Steel Service, Inc. 401(k) Plan401(k) plan2024146$13.1M$89,582$1,865$95K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $10.4M2010: $11.5M2011: $11.8M2012: $12.5M2013: $14.0M2014: $14.5M2015: $13.7M2016: $13.1M2017: $13.7M2018: $13.1M2019: $13.7M2020: $12.7M2021: $13.6M2022: $12.2M2024: $15.4M$10.4M$15.4M20092012201620202024
Combined net assets
2009: 3572010: 2972011: 2832012: 2902013: 2962014: 3402015: 3582016: 3412017: 3632018: 3622019: 3262020: 3482021: 3562022: 4352024: 45235745220092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242452$15.4M$438K$604K
20222435$12.2M$161K$646K
20212356$13.6M$394K$578K
20202348$12.7M$186K$477K
20192326$13.7M$166K$516K
20182362$13.1M$181K$523K
20172363$13.7M$358K$440K
20162341$13.1M$156K$376K
20152358$13.7M$177K$364K
20142340$14.5M$422K$324K
20132296$14.0M$333K$312K
20122290$12.5M$131K$322K
20112283$11.8M$309K$311K
20102297$11.5M$185K$268K
20092357$10.4M$111K$277K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Principal Life Insurance CompanyContract Administrator2$84,816
Raymond James & Associates, Inc.Investment advisory (plan)1$34,551

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Principal Life Insurance Company$85K
Raymond James & Associates, Inc.$35K

Questions and answers

How many retirement plans does Sabel Steel Service, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Sabel Steel Service, Inc. Money Purchase Plan and Sabel Steel Service, Inc. 401(k) Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Sabel Steel Service, Inc. contribute to its plans?

$437,984 in employer contributions across these plans in their latest plan years, about $1,373 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Principal Life Insurance Company and Raymond James & Associates, Inc.. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.