Employer · plans filed under one EIN
Zekelman Industries (Formerly JMC Steel)
Chicago, IL · Manufacturing
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.
Zekelman Industries (Formerly JMC Steel), based in Chicago, Illinois, sponsors 4 retirement plans with 100 or more participants: 2 defined contribution and 2 defined benefit. Together they reported 4,804 participant records and $599M in net assets.
The largest is Zekelman Industries Employees 401(k) and Pension Plan, a 401(k) plan with 2,654 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 $16.1M and participant contributions $15.5M in the latest plan years; benefits paid were $70.7M. Schedule C compensation reported to service provider organisations totalled $1.3M.
Combined net assets moved from $206M in 2009 to $599M in 2024 (up 190%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Zekelman Industries Employees 401(k) and Pension Plan | 401(k) plan | 2024 | 2,654 | $223M | $84,158 | $4,925 | $154K |
| Zekelman Industries Collectively Bargained Employees 401(k) Plan | 401(k) plan | 2024 | 1,197 | $137M | $114,162 | $2,536 | $118K |
| John Maneely Company Pension Plan | cash balance pension plan | 2024 | 658 | $153M | $232,125 | $8,333 | $877K |
| Employees Pension Plan for Sharon Tube Company | defined benefit pension plan | 2024 | 295 | $86.0M | $291,486 | $13,889 | $194K |
| 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
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 4 | 4,804 | $599M | $16.1M | $15.5M |
| 2023 | 4 | 4,703 | $571M | $26.5M | $13.7M |
| 2022 | 4 | 4,708 | $538M | $29.7M | $13.9M |
| 2021 | 4 | 4,513 | $628M | $24.7M | $13.0M |
| 2020 | 4 | 4,560 | $573M | $18.3M | $12.1M |
| 2019 | 4 | 4,365 | $511M | $13.3M | $11.3M |
| 2018 | 4 | 4,124 | $446M | $24.3M | $10.5M |
| 2017 | 4 | 3,679 | $426M | $16.2M | $8.2M |
| 2016 | 4 | 3,578 | $379M | $16.1M | $7.4M |
| 2015 | 4 | 3,894 | $364M | $13.5M | $7.9M |
| 2014 | 4 | 4,399 | $392M | $14.3M | $8.8M |
| 2013 | 4 | 4,234 | $365M | $19.3M | $8.0M |
| 2012 | 4 | 4,219 | $309M | $15.6M | $7.7M |
| 2011 | 4 | 3,842 | $279M | $18.7M | $7.0M |
| 2010 | 4 | 3,839 | $274M | $12.5M | $5.9M |
| 2009 | 3 | 3,405 | $206M | $11.7M | $5.7M |
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
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Mercer | Actuarial | 2 | $289,262 |
| Hamilton & Company | Investment advisory (plan) | 1 | $224,128 |
| Highland Consulting Associates, Inc. | Consulting (general); Investment management | 3 | $211,249 |
| Income Research and Management | Investment management | 1 | $179,144 |
| Cooke & Bieler LP | Investment management | 1 | $85,592 |
| Edgewood Management LLC | Investment management | 1 | $85,494 |
| Johnston Asset Management Corp. | Investment management | 1 | $83,497 |
| PNC Bank, National Association | Trustee (bank, trust company, or similar financial institution) | 2 | $59,708 |
| CBIZ CPAS, P.C. | Accounting (including auditing) | 2 | $36,800 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 2 | $34,353 |
| Willcox & Savage, PC | Legal | 2 | $30,485 |
| Schwab Retirement Plan Services | Recordkeeping and information management; Investment advisory (participants) | 2 | $23,725 |
| Charles Schwab & Co. Inc. | — | 2 | $0 |
| Charles Schwab Trust Bank | Trustee (directed) | 2 | $0 |
| Fidelity Investments Institutional | Participant loan processing | 2 | $0 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Zekelman Industries (Formerly JMC Steel) have?
4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Zekelman Industries Employees 401(k) and Pension Plan, Zekelman Industries Collectively Bargained Employees 401(k) Plan, John Maneely Company Pension Plan and Employees Pension Plan for Sharon Tube Company. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Zekelman Industries (Formerly JMC Steel) contribute to its plans?
$16,065,925 in employer contributions across these plans in their latest plan years, about $4,642 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 Mercer, Hamilton & Company, Highland Consulting Associates, Inc. and Income Research and Management and others. 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.