Ohio › Manufacturing › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
The Alloy Engineering Company Employee Stock Ownership Plan
Sponsored by The Alloy Engineering Company, Berea, OH
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
The Alloy Engineering Company Employee Stock Ownership Plan is an employee stock ownership plan sponsored by The Alloy Engineering Company of Berea, Ohio. For the plan year ending 31 Dec 2024 it reported 270 participants, 173 of them active, and net assets of $11.0M.
Net assets came to $40,922 per participant, below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 1 service provider organisation paid $5,000 or more, with reported compensation of $31K: $114 per participant, below the same-size median of $141. Administrative expenses charged to the plan were $34K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $8.0M in 2010 to $11.0M in 2024 (up 37%), and participants from 125 to 270 (up 116%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $40,922 | $48,746 | $62,303 | $53,102 |
| Employer contributions per active participant | — | $2,017 | $2,187 | $2,175 |
| Schedule C compensation per participant | $114 | $141 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.28% | 0.30% | 0.24% | 0.26% |
| Administrative expenses per participant | $124 | $133 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 270 | $11.0M | $40,922 | — | — | $31K |
| 2023 | 237 | $12.7M | $53,388 | $69K | — | $35K |
| 2022 | 122 | $9.7M | $79,467 | $130K | — | $75K |
| 2021 | 124 | $9.1M | $73,218 | — | — | $53K |
| 2020 | 128 | $7.5M | $58,570 | — | — | $62K |
| 2019 | 130 | $8.8M | $67,377 | $285K | — | $72K |
| 2018 | 126 | $9.2M | $73,254 | $300K | — | $54K |
| 2017 | 120 | $9.7M | $80,750 | $268K | — | $65K |
| 2016 | 118 | $9.9M | $83,703 | $280K | — | $54K |
| 2015 | 112 | $9.6M | $86,134 | $215K | — | $55K |
| 2014 | 229 | $9.7M | $42,437 | $232K | — | $71K |
| 2013 | 121 | $9.6M | $79,736 | $215K | — | $55K |
| 2012 | 127 | $8.4M | $66,000 | $223K | — | $53K |
| 2011 | 119 | $7.6M | $64,235 | $200K | — | $51K |
| 2010 | 125 | $8.0M | $64,360 | $255K | — | $45K |
| 2009 | 124 | — | — | — | — | — |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$12,653,226
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$1,248,052
- Total income, including investment results−$1,570,844
- Benefits paid$0
- Administrative expenses$33,513
- Total expenses$33,513
- Net income−$1,604,357
- Net transfers$0
- Net assets, end of year$11,048,869
Participants
- Active participants173
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits96
- Participants with account balances268
- Total participants, end of year270
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Greatbanc Trust Company | Trustee (bank, trust company, or similar financial institution); Investment management | $30,680 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Trustee and custodial fees$33,513
- Total administrative expenses$33,513
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Employer securities$8.8M · 79.7%
- Receivables$1.2M · 11.3%
- Registered investment companies (mutual funds)$958K · 8.7%
- Corporate stocks$34K · 0.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmMeaden and Moore, Ltd.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2IStock bonus2OESOP other than a leveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 332900: Other Fabricated Metal Product Mfg.
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Bellofram Corporation Hourly 401(k) Plan | Bellofram Corporation | 270 | $1.7M | $6,346 |
| JR Manufacturing, Inc. 401(k) Plan | JR Manufacturing, Inc. | 269 | $13.3M | $49,366 |
| Werk-Brau Co., Inc. Employees Retirement Plan | Werk-Brau Co., Inc. | 270 | $23.9M | $88,675 |
| Ysk Corporation Retirement and Savings Plan | Ysk Corporation | 267 | $8.2M | $30,761 |
| Wulco, Inc. Retirement Savings Plan | Wulco, Inc. | 270 | $20.5M | $76,025 |
| Ohio Steel Industries 401(k) Plan | Ohio Steel Industries | 266 | $6.9M | $25,876 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is The Alloy Engineering Company Employee Stock Ownership Plan?
270 participants at the end of the plan year ending 31 Dec 2024, of whom 173 were active employees, with net assets of $11,048,869. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does The Alloy Engineering Company contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $30,680 in compensation to service provider organisations, $114 per participant or 0.28% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $33,513. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is The Alloy Engineering Company. Investment advisory or management: Greatbanc Trust Company. Trustee or custodian: Greatbanc Trust Company. The financial statements were audited by Meaden and Moore, Ltd.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 34-0759537, plan 003, received 14 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.