TEMPEL STEEL COMPANY, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023: TEMPEL EMPLOYEES PENSION PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 1,031 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 126 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 459 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 286 |
| Total of all active and inactive participants | 2023-01-01 | 871 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 132 |
| Total participants | 2023-01-01 | 1,003 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 0 |
| 2022: TEMPEL EMPLOYEES PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 66,196,177 |
| Acturial value of plan assets | 2022-12-31 | 63,229,647 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 43,267,885 |
| Number of terminated vested participants | 2022-12-31 | 321 |
| Fundng target for terminated vested participants | 2022-12-31 | 18,147,122 |
| Active participant vested funding target | 2022-12-31 | 12,195,766 |
| Number of active participants | 2022-12-31 | 157 |
| Total funding liabilities for active participants | 2022-12-31 | 12,502,187 |
| Total participant count | 2022-12-31 | 1,081 |
| Total funding target for all participants | 2022-12-31 | 73,917,194 |
| Present value of excess contributions | 2022-12-31 | 119 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 126 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 126 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 126 |
| Total employer contributions | 2022-12-31 | 4,791,784 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 4,526,369 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 100,000 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 10,687,673 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 1,213,090 |
| Additional cash requirement | 2022-12-31 | 1,213,090 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 4,526,369 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 1,046 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 144 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 463 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 293 |
| Total of all active and inactive participants | 2022-01-01 | 900 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 131 |
| Total participants | 2022-01-01 | 1,031 |
| 2021: TEMPEL EMPLOYEES PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 63,776,250 |
| Acturial value of plan assets | 2021-12-31 | 60,084,618 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 42,724,386 |
| Number of terminated vested participants | 2021-12-31 | 342 |
| Fundng target for terminated vested participants | 2021-12-31 | 19,162,265 |
| Active participant vested funding target | 2021-12-31 | 12,847,665 |
| Number of active participants | 2021-12-31 | 177 |
| Total funding liabilities for active participants | 2021-12-31 | 13,219,121 |
| Total participant count | 2021-12-31 | 1,134 |
| Total funding target for all participants | 2021-12-31 | 75,105,772 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 4,581 |
| Amount remaining of prefunding balance | 2021-12-31 | 4,581 |
| Present value of excess contributions | 2021-12-31 | 696,173 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 735,924 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 4,931 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 0 |
| Total employer contributions | 2021-12-31 | 1,572,292 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 1,531,051 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 75,000 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 15,021,154 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 1,530,932 |
| Additional cash requirement | 2021-12-31 | 1,530,932 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 1,531,051 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 1,100 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 157 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 467 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 300 |
| Total of all active and inactive participants | 2021-01-01 | 924 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 122 |
| Total participants | 2021-01-01 | 1,046 |
| Measure | Date | Value |
|---|
| 2023 : TEMPEL EMPLOYEES PENSION PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $-345,114 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $-345,114 |
| Total income from all sources (including contributions) | 2023-12-31 | $7,073,407 |
| Total of all expenses incurred | 2023-12-31 | $5,713,811 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $5,459,126 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,437,157 |
| Value of total assets at end of year | 2023-12-31 | $56,062,652 |
| Value of total assets at beginning of year | 2023-12-31 | $54,703,056 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $254,685 |
| Total interest from all sources | 2023-12-31 | $919,416 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $340,807 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $340,807 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $2,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $5,675,625 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $5,209,350 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $227,501 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $168,000 |
| Total non interest bearing cash at end of year | 2023-12-31 | $282,000 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $61,648 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,359,596 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $56,062,652 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $54,703,056 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2023-12-31 | $2,317,221 |
| Assets. partnership/joint venture interests at beginning of year | 2023-12-31 | $4,718,413 |
| Investment advisory and management fees | 2023-12-31 | $169,748 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $18,537,369 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $20,443,213 |
| Interest earned on other investments | 2023-12-31 | $48,176 |
| Income. Interest from US Government securities | 2023-12-31 | $66,189 |
| Income. Interest from corporate debt instruments | 2023-12-31 | $731,040 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $2,157,483 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $1,973,051 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $1,973,051 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $74,011 |
| Asset value of US Government securities at end of year | 2023-12-31 | $8,913,296 |
| Asset value of US Government securities at beginning of year | 2023-12-31 | $4,823,223 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $4,721,141 |
| Net gain/loss from 103.12 investment entities | 2023-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,437,157 |
| Employer contributions (assets) at end of year | 2023-12-31 | $527,338 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $3,972,946 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $5,459,126 |
| Asset. Corporate debt instrument preferred debt at end of year | 2023-12-31 | $17,424,819 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2023-12-31 | $13,333,212 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MEADEN & MOORE, LTD. |
| Accountancy firm EIN | 2023-12-31 | 341818258 |
| 2022 : TEMPEL EMPLOYEES PENSION PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-122,541 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-122,541 |
| Total income from all sources (including contributions) | 2022-12-31 | $-6,134,077 |
| Total of all expenses incurred | 2022-12-31 | $5,367,820 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $5,075,749 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,791,784 |
| Value of total assets at end of year | 2022-12-31 | $54,703,056 |
| Value of total assets at beginning of year | 2022-12-31 | $66,204,953 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $292,071 |
| Total interest from all sources | 2022-12-31 | $9,056 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $384,657 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $384,657 |
| Assets. Real estate other than employer real property at end of year | 2022-12-31 | $0 |
| Administrative expenses professional fees incurred | 2022-12-31 | $76,858 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $5,209,350 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $4,849,321 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $168,000 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $2 |
| Administrative expenses (other) incurred | 2022-12-31 | $4,029 |
| Total non interest bearing cash at end of year | 2022-12-31 | $61,648 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-11,501,897 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $54,703,056 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $66,204,953 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2022-12-31 | $4,718,413 |
| Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $4,774,162 |
| Investment advisory and management fees | 2022-12-31 | $169,038 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $20,443,213 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $30,205,208 |
| Interest earned on other investments | 2022-12-31 | $27 |
| Income. Interest from corporate debt instruments | 2022-12-31 | $1,793 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,973,051 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,139,328 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,139,328 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $7,236 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2022-12-31 | $24,806,137 |
| Asset value of US Government securities at end of year | 2022-12-31 | $4,823,223 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-938,983 |
| Net gain/loss from 103.12 investment entities | 2022-12-31 | $-10,258,050 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $4,791,784 |
| Employer contributions (assets) at end of year | 2022-12-31 | $3,972,946 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $430,795 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $5,075,749 |
| Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $13,333,212 |
| Contract administrator fees | 2022-12-31 | $42,146 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MEADEN & MOORE, LTD. |
| Accountancy firm EIN | 2022-12-31 | 341818258 |
| 2021 : TEMPEL EMPLOYEES PENSION PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $88,217 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $88,217 |
| Total income from all sources (including contributions) | 2021-12-31 | $6,628,836 |
| Total of all expenses incurred | 2021-12-31 | $6,970,359 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $6,756,462 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,574,671 |
| Value of total assets at end of year | 2021-12-31 | $66,204,953 |
| Value of total assets at beginning of year | 2021-12-31 | $66,546,476 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $213,897 |
| Total interest from all sources | 2021-12-31 | $204 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $591,646 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $591,646 |
| Administrative expenses professional fees incurred | 2021-12-31 | $76,823 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $2,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $4,849,321 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $25,434,200 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $2 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $23 |
| Administrative expenses (other) incurred | 2021-12-31 | $4,126 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-341,523 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $66,204,953 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $66,546,476 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2021-12-31 | $4,774,162 |
| Investment advisory and management fees | 2021-12-31 | $106,610 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $30,205,208 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $33,528,382 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1,139,328 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $2,653,653 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $2,653,653 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $204 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2021-12-31 | $24,806,137 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $4,695,121 |
| Net gain/loss from 103.12 investment entities | 2021-12-31 | $-321,023 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $1,574,671 |
| Employer contributions (assets) at end of year | 2021-12-31 | $430,795 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $4,930,218 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $6,756,462 |
| Contract administrator fees | 2021-12-31 | $26,338 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MEADEN & MOORE, LTD. |
| Accountancy firm EIN | 2021-12-31 | 341818258 |
