401k Plan data: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES plan

SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 401k Plan overview

Plan Name	SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES
Plan identification number	001

SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SEVERSTAL SPARROWS POINT LLC has sponsored the creation of one or more 401k plans.

Company Name: SEVERSTAL SPARROWS POINT LLC

Employer identification number (EIN): 200653633

NAIC Classification: 331110
NAIC Description: Iron and Steel Mills and Ferroalloy Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 JEFF GENNUSO
001 2011-01-01 JEFF GENNUSO
001 2009-01-01 MARK YOST
001 2009-01-01 MARK YOST
001 2009-01-01 MARK YOST 2010-10-14

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	JEFF GENNUSO
001	2011-01-01	JEFF GENNUSO
001	2009-01-01	MARK YOST
001	2009-01-01	MARK YOST
001	2009-01-01		MARK YOST	2010-10-14

Plan Statistics for SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES

401k plan membership statisitcs for SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES

Measure Date Value
2012: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2012 401k membership
Total participants, beginning-of-year 2012-01-01 396
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 7
Total of all active and inactive participants 2012-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 7
Number of participants with account balances 2012-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2011 401k membership
Total participants, beginning-of-year 2011-01-01 334
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 345
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 50
Total of all active and inactive participants 2011-01-01 396
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 396
Number of participants with account balances 2011-01-01 372
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2009 401k membership
Total participants, beginning-of-year 2009-01-01 398
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 366
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 10
Total of all active and inactive participants 2009-01-01 376
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 376
Number of participants with account balances 2009-01-01 342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2012 401k membership
Total participants, beginning-of-year	2012-01-01	396
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	7
Total of all active and inactive participants	2012-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	7
Number of participants with account balances	2012-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2011 401k membership
Total participants, beginning-of-year	2011-01-01	334
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	345
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	50
Total of all active and inactive participants	2011-01-01	396
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	396
Number of participants with account balances	2011-01-01	372
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2009 401k membership
Total participants, beginning-of-year	2009-01-01	398
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	366
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	10
Total of all active and inactive participants	2009-01-01	376
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	376
Number of participants with account balances	2009-01-01	342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES

Measure	Date	Value
2012 : SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$5,121,879
Total of all expenses incurred	2012-12-31	$29,984,596
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$29,979,585
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$2,689,857
Value of total assets at end of year	2012-12-31	$85,305
Value of total assets at beginning of year	2012-12-31	$24,948,022
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$5,011
Total interest from all sources	2012-12-31	$19,520
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-12-31	$0
Was this plan covered by a fidelity bond	2012-12-31	No
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$1,633,181
Participant contributions at end of year	2012-12-31	$0
Participant contributions at beginning of year	2012-12-31	$679,316
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$71,987
Administrative expenses (other) incurred	2012-12-31	$5,011
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$-24,862,717
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$85,305
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$24,948,022
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Interest on participant loans	2012-12-31	$19,520
Value of interest in master investment trust accounts at end of year	2012-12-31	$85,305
Value of interest in master investment trust accounts at beginning of year	2012-12-31	$24,268,706
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$984,689
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$29,979,585
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	2012-12-31	No
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	RG SPARROWS POINT IN BANKRUPTCY
Accountancy firm EIN	2012-12-31	200653633
2011 : SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2011 401k financial data
Total transfer of assets to this plan	2011-12-31	$66,509
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$3,608,527
Total of all expenses incurred	2011-12-31	$2,899,654
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$2,894,262
Value of total corrective distributions	2011-12-31	$1,592
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$3,851,547
Value of total assets at end of year	2011-12-31	$24,948,022
Value of total assets at beginning of year	2011-12-31	$24,172,640
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$3,800
Total interest from all sources	2011-12-31	$26,529
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$2,379,743
Participant contributions at end of year	2011-12-31	$679,316
Participant contributions at beginning of year	2011-12-31	$710,174
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$169,268
Administrative expenses (other) incurred	2011-12-31	$3,800
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$708,873
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$24,948,022
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$24,172,640
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Interest on participant loans	2011-12-31	$26,529
Value of interest in master investment trust accounts at end of year	2011-12-31	$24,268,706
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$23,462,466
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$1,302,536
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$2,894,262
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	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2011-12-31	350921680
2010 : SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$6,392,693
Total of all expenses incurred	2010-12-31	$5,624,030
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$5,619,851
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$3,914,484
Value of total assets at end of year	2010-12-31	$24,172,640
Value of total assets at beginning of year	2010-12-31	$23,403,977
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$4,179
Total interest from all sources	2010-12-31	$28,909
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$2,591,574
Participant contributions at end of year	2010-12-31	$710,174
Participant contributions at beginning of year	2010-12-31	$567,174
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$27,100
Administrative expenses (other) incurred	2010-12-31	$4,179
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$768,663
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$24,172,640
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$23,403,977
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Interest on participant loans	2010-12-31	$28,909
Value of interest in master investment trust accounts at end of year	2010-12-31	$23,462,466
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$22,836,803
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$1,295,810
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$5,619,851
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	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2010-12-31	350921680
2009 : SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES

2012: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SEVERSTAL SPARROWS POINT LLC 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SEVERSTAL SPARROWS POINT LLC
Employer identification number (EIN):	200653633
NAIC Classification:	331110
NAIC Description:	Iron and Steel Mills and Ferroalloy Manufacturing