# Alro Steel Corporation Health & Welfare Plan
Source: https://planprovider.pro/companies/alro-steel-corporation-381300597-504

> Alro Steel Corporation's Health & Welfare plan: 3,238 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Alro Steel Corporation

- **Sponsor EIN:** 381300597

- **Sponsor Address:** 3100 E HIGH ST, JACKSON, MI, 492033467

- **Plan Type:** Health & Welfare

- **Plan Number:** 504

- **Total Participants:** 3,238

- **Total Assets:** $0

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|3,238|$0|$0|$0|

| 2023|3,268|$0|$0|$0|

| 2022|2,917|$0|$0|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| BLUE CROSS BLUE SHIELD OF MICHIGAN|Recordkeeper|$2,528,784|—|$2,528,784|

| JFP BENEFIT MANAGEMENT, INC|Investment Advisor|$193,655|—|$193,655|

| KAPNICK & COMPANY INC|Investment Advisor|$103,457|—|$103,457|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $2,825,896

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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