401k Plan data: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN plan

FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 401k Plan overview

Plan Name	FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN
Plan identification number	002

FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FRIEDMAN INDUSTIRES, INC. has sponsored the creation of one or more 401k plans.

Company Name: FRIEDMAN INDUSTIRES, INC.

Employer identification number (EIN): 741504405

NAIC Classification: 423500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2024-01-01 KASEY SOUDER
002 2023-01-01
002 2023-01-01 ALEX LARUE
002 2022-01-01 ALEX LARUE 2023-10-09
002 2021-01-01 ALEX LARUE 2022-10-04
002 2021-01-01 ALEX LARUE 2022-10-04
002 2020-01-01 ALEX LARUE 2021-09-22
002 2019-01-01 ALEX LARUE 2020-09-24
002 2018-01-01 ALEX LARUE 2019-07-26
002 2017-01-01 ALEX LARUE 2018-07-05
002 2016-01-01
002 2015-01-01
002 2014-01-01 BEN HARPER
002 2013-01-01 SHANNON GREENSTREET
002 2012-01-01 BEN HARPER BEN HARPER 2013-10-08
002 2011-01-01 BEN HARPER BEN HARPER 2012-10-11
002 2010-01-01 DERIC L. BROWN 2011-10-17
002 2009-01-01 DERICL. BROWN
002 2009-01-01 BEN HARPER BEN HARPER 2010-10-18
002 2009-01-01 BEN HARPER

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2024-01-01	KASEY SOUDER
002	2023-01-01
002	2023-01-01	ALEX LARUE
002	2022-01-01	ALEX LARUE	2023-10-09
002	2021-01-01	ALEX LARUE	2022-10-04
002	2021-01-01	ALEX LARUE	2022-10-04
002	2020-01-01	ALEX LARUE	2021-09-22
002	2019-01-01	ALEX LARUE	2020-09-24
002	2018-01-01	ALEX LARUE	2019-07-26
002	2017-01-01	ALEX LARUE	2018-07-05
002	2016-01-01
002	2015-01-01
002	2014-01-01	BEN HARPER
002	2013-01-01	SHANNON GREENSTREET
002	2012-01-01	BEN HARPER		BEN HARPER	2013-10-08
002	2011-01-01	BEN HARPER		BEN HARPER	2012-10-11
002	2010-01-01	DERIC L. BROWN	2011-10-17
002	2009-01-01	DERICL. BROWN
002	2009-01-01	BEN HARPER		BEN HARPER	2010-10-18
002	2009-01-01	BEN HARPER

Plan Statistics for FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN

401k plan membership statisitcs for FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN

Measure Date Value
2023: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 204
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 205
Number of retired or separated participants receiving benefits 2023-01-01 6
Number of other retired or separated participants entitled to future benefits 2023-01-01 11
Total of all active and inactive participants 2023-01-01 222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 222
Number of participants with account balances 2023-01-01 218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 6
2022: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year 2022-10-04 95
Total number of particpants at end of year 2022-10-04 116
Number of Participants With Account Balances 2022-10-04 104
2014: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 91
Number of retired or separated participants receiving benefits 2014-01-01 4
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 95
Number of participants with account balances 2014-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 3
2013: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 99
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 3
Total of all active and inactive participants 2013-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 102
Number of participants with account balances 2013-01-01 99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 6
2012: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 104
Number of other retired or separated participants entitled to future benefits 2012-01-01 6
Total of all active and inactive participants 2012-01-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 110
Number of participants with account balances 2012-01-01 102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 97
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 12
Total of all active and inactive participants 2011-01-01 109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 109
Number of participants with account balances 2011-01-01 106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 3
2009: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 75
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 1
Total of all active and inactive participants 2009-01-01 76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 76
Number of participants with account balances 2009-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2023: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	204
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	205
Number of retired or separated participants receiving benefits	2023-01-01	6
Number of other retired or separated participants entitled to future benefits	2023-01-01	11
Total of all active and inactive participants	2023-01-01	222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	222
Number of participants with account balances	2023-01-01	218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	6
2022: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year	2022-10-04	95
Total number of particpants at end of year	2022-10-04	116
Number of Participants With Account Balances	2022-10-04	104
2014: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	91
Number of retired or separated participants receiving benefits	2014-01-01	4
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	95
Number of participants with account balances	2014-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	3
2013: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	99
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	3
Total of all active and inactive participants	2013-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	102
Number of participants with account balances	2013-01-01	99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	6
2012: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	104
Number of other retired or separated participants entitled to future benefits	2012-01-01	6
Total of all active and inactive participants	2012-01-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	110
Number of participants with account balances	2012-01-01	102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	97
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	12
Total of all active and inactive participants	2011-01-01	109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	109
Number of participants with account balances	2011-01-01	106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	3
2009: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	75
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	1
Total of all active and inactive participants	2009-01-01	76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	76
Number of participants with account balances	2009-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN

Measure	Date	Value
2023 : FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$1,520
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$1,504
Total income from all sources (including contributions)	2023-12-31	$3,335,260
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$924,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$879,755
Expenses. Certain deemed distributions of participant loans	2023-12-31	$850
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$1,986,182
Value of total assets at end of year	2023-12-31	$9,798,321
Value of total assets at beginning of year	2023-12-31	$7,387,468
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$43,818
Total interest from all sources	2023-12-31	$40,575
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2023-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$1,221,634
Participant contributions at end of year	2023-12-31	$300,455
Participant contributions at beginning of year	2023-12-31	$259,590
Participant contributions at end of year	2023-12-31	$13,097
Participant contributions at beginning of year	2023-12-31	$0
Liabilities. Value of operating payables at end of year	2023-12-31	$1,520
Liabilities. Value of operating payables at beginning of year	2023-12-31	$1,504
Total non interest bearing cash at end of year	2023-12-31	$1,520
Total non interest bearing cash at beginning of year	2023-12-31	$1,504
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	$2,410,837
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$9,796,801
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$7,385,964
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
Investment advisory and management fees	2023-12-31	$33,497
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$8,812,302
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$6,746,987
Interest on participant loans	2023-12-31	$19,424
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$665,504
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$379,387
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$379,387
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$21,151
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$1,308,503
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
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	$764,548
Employer contributions (assets) at end of year	2023-12-31	$5,443
Employer contributions (assets) at beginning of year	2023-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$879,755
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	2023-12-31	Yes
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	LEE CPA AUDIT GROUP
Accountancy firm EIN	2023-12-31	814637885
Total unrealized appreciation/depreciation of assets	2023-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$1,520
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$1,504
Total income from all sources (including contributions)	2023-01-01	$3,335,260
Total loss/gain on sale of assets	2023-01-01	$0
Total of all expenses incurred	2023-01-01	$924,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-01-01	$879,755
Expenses. Certain deemed distributions of participant loans	2023-01-01	$850
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-01-01	$1,986,182
Value of total assets at end of year	2023-01-01	$9,798,321
Value of total assets at beginning of year	2023-01-01	$7,387,468
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-01-01	$43,818
Total interest from all sources	2023-01-01	$40,575
Total dividends received (eg from common stock, registered investment company shares)	2023-01-01	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-01-01	No
Was this plan covered by a fidelity bond	2023-01-01	Yes
Value of fidelity bond cover	2023-01-01	$1,000,000
If this is an individual account plan, was there a blackout period	2023-01-01	Yes
Were there any nonexempt tranactions with any party-in-interest	2023-01-01	No
Contributions received from participants	2023-01-01	$1,221,634
Participant contributions at end of year	2023-01-01	$300,455
Participant contributions at beginning of year	2023-01-01	$259,590
Participant contributions at end of year	2023-01-01	$13,097
Participant contributions at beginning of year	2023-01-01	$0
Liabilities. Value of operating payables at end of year	2023-01-01	$1,520
Liabilities. Value of operating payables at beginning of year	2023-01-01	$1,504
Total non interest bearing cash at end of year	2023-01-01	$1,520
Total non interest bearing cash at beginning of year	2023-01-01	$1,504
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-01-01	No
Value of net income/loss	2023-01-01	$2,410,837
Value of net assets at end of year (total assets less liabilities)	2023-01-01	$9,796,801
Value of net assets at beginning of year (total assets less liabilities)	2023-01-01	$7,385,964
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-01-01	No
Were any leases to which the plan was party in default or uncollectible	2023-01-01	No
Investment advisory and management fees	2023-01-01	$33,497
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-01-01	$8,812,302
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-01-01	$6,746,987
Interest on participant loans	2023-01-01	$19,424
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-01-01	$665,504
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-01-01	$21,151
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-01-01	$1,308,503
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-01-01	No
Was there a failure to transmit to the plan any participant contributions	2023-01-01	No
Has the plan failed to provide any benefit when due under the plan	2023-01-01	No
Contributions received in cash from employer	2023-01-01	$764,548
Employer contributions (assets) at end of year	2023-01-01	$5,443
Employer contributions (assets) at beginning of year	2023-01-01	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-01-01	$879,755
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	2023-01-01	Yes
Did the plan have assets held for investment	2023-01-01	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	2023-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-01-01	No
Opinion of an independent qualified public accountant for this plan	2023-01-01	1
Accountancy firm name	2023-01-01	LEE CPA AUDIT GROUP
Accountancy firm EIN	2023-01-01	814637885
2022 : FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-10-04	220750
Net assets as of the end of the plan year	2022-10-04	7928635
Total assets as of the beginning of the plan year	2022-10-04	6496927
Value of plan covered by a fidelity bond	2022-10-04	1000000
Participant contributions to plan in this plan year	2022-10-04	523253
Value of participant loans at end of plan year	2022-10-04	649693
Other expenses paid from plan in this plan year	2022-10-04	0
Other contributions to plan in this plan year	2022-10-04	0
Other income to plan in this plan year	2022-10-04	845156
Plan net income in this plan year	2022-10-04	1431708
Net assets as of the end of the plan year	2022-10-04	7928635
Net assets as of the beginning of the plan year	2022-10-04	6496927
Employer contributions to plan in this plan year	2022-10-04	284049
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-04	21090
2014 : FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$837,274
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$276,685
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$270,197
Value of total corrective distributions	2014-12-31	$591
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$561,683
Value of total assets at end of year	2014-12-31	$9,432,996
Value of total assets at beginning of year	2014-12-31	$8,872,407
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$5,897
Total interest from all sources	2014-12-31	$11,853
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$5,897
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$6,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$323,113
Participant contributions at end of year	2014-12-31	$326,359
Participant contributions at beginning of year	2014-12-31	$266,936
Participant contributions at end of year	2014-12-31	$0
Participant contributions at beginning of year	2014-12-31	$11,573
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$2,669
Total non interest bearing cash at end of year	2014-12-31	$0
Total non interest bearing cash at beginning of year	2014-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$560,589
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$9,432,996
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$8,872,407
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$8,908,403
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$8,373,551
Interest on participant loans	2014-12-31	$11,853
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$8,234
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$12,574
Net investment gain/loss from pooled separate accounts	2014-12-31	$263,738
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$235,901
Employer contributions (assets) at end of year	2014-12-31	$190,000
Employer contributions (assets) at beginning of year	2014-12-31	$207,773
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$270,197
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	MIDDLETONRAINES ZAPATA, LLP
Accountancy firm EIN	2014-12-31	460597172
2013 : FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,548,991
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$550,561
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$543,794
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$582,010
Value of total assets at end of year	2013-12-31	$8,872,407
Value of total assets at beginning of year	2013-12-31	$7,873,977
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$6,767
Total interest from all sources	2013-12-31	$8,846
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Administrative expenses professional fees incurred	2013-12-31	$6,767
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$6,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$321,123
Participant contributions at end of year	2013-12-31	$266,936
Participant contributions at beginning of year	2013-12-31	$179,668
Participant contributions at end of year	2013-12-31	$11,573
Participant contributions at beginning of year	2013-12-31	$19,216
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$6,369
Total non interest bearing cash at end of year	2013-12-31	$0
Total non interest bearing cash at beginning of year	2013-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$998,430
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$8,872,407
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$7,873,977
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$8,373,551
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$7,459,544
Interest on participant loans	2013-12-31	$8,846
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$12,574
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$2,551
Net investment gain/loss from pooled separate accounts	2013-12-31	$958,135
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$254,518
Employer contributions (assets) at end of year	2013-12-31	$207,773
Employer contributions (assets) at beginning of year	2013-12-31	$212,998
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$543,794
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	PARMET, CHAPMAN & MADSEN, P.C.
Accountancy firm EIN	2013-12-31	760456668
2012 : FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$1,224,244
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$295,035
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$289,733
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$646,039
Value of total assets at end of year	2012-12-31	$7,873,977
Value of total assets at beginning of year	2012-12-31	$6,944,768
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$5,302
Total interest from all sources	2012-12-31	$7,322
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Administrative expenses professional fees incurred	2012-12-31	$4,588
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$6,000,000
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	$376,733
Participant contributions at end of year	2012-12-31	$179,668
Participant contributions at beginning of year	2012-12-31	$160,552
Participant contributions at end of year	2012-12-31	$19,216
Participant contributions at beginning of year	2012-12-31	$27,743
Administrative expenses (other) incurred	2012-12-31	$714
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	$929,209
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$7,873,977
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$6,944,768
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$7,459,544
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$6,544,260
Interest on participant loans	2012-12-31	$7,322
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$2,551
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$1,889
Net investment gain/loss from pooled separate accounts	2012-12-31	$570,883
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	$269,306
Employer contributions (assets) at end of year	2012-12-31	$212,998
Employer contributions (assets) at beginning of year	2012-12-31	$210,324
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$289,733
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	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	PARMET, CHAPMAN & MADSEN, P.C.
Accountancy firm EIN	2012-12-31	760456668
2011 : FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
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	$536,637
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$176,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$151,945
Value of total corrective distributions	2011-12-31	$19,404
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$636,379
Value of total assets at end of year	2011-12-31	$6,944,768
Value of total assets at beginning of year	2011-12-31	$6,584,132
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$4,652
Total interest from all sources	2011-12-31	$6,855
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$6,000,000
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	$264,972
Participant contributions at end of year	2011-12-31	$160,552
Participant contributions at beginning of year	2011-12-31	$135,064
Participant contributions at end of year	2011-12-31	$27,743
Participant contributions at beginning of year	2011-12-31	$24,698
Administrative expenses (other) incurred	2011-12-31	$4,652
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	$360,636
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$6,944,768
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$6,584,132
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$6,544,260
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$6,214,084
Interest on participant loans	2011-12-31	$6,855
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$1,889
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$6,387
Net investment gain/loss from pooled separate accounts	2011-12-31	$-106,597
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	$371,407
Employer contributions (assets) at end of year	2011-12-31	$210,324
Employer contributions (assets) at beginning of year	2011-12-31	$203,899
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$151,945
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	PARMET, CHAPMAN & MADSEN, P.C.
Accountancy firm EIN	2011-12-31	760456668

Form 5500 Responses for FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN

2023: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2014: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
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 is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 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 – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FRIEDMAN INDUSTRIES, INC. EMPLOYEES' RETIREMENT & 401(K) PLAN 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 is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	96162
Policy instance	1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	96162
Policy instance	1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	96162
Policy instance	1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	96162
Policy instance	1

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Company Name:	FRIEDMAN INDUSTIRES, INC.
Employer identification number (EIN):	741504405
NAIC Classification:	423500