Alro Steel Corporation 401(k) Plan: Login, Facts & Contact Information

Alro Steel Corporation 401(k) Plan Facts

Plan name
ALRO STEEL CORPORATION AND SUBSIDIARIES RETIREMENT/401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALRO STEEL CORPORATION
Participants
5,255 (3,006 active employees)
Former employees with a balance
2,296
Plan assets
$512,780,096 at May 31, 2025
Average account balance
$98,234 across 5,220 accounts
Employer contributions
$22,318,977 in plan year 2024 (53% of all contributions)
Recordkeeper
John Hancock
Plan year
Jun 1, 2024 – May 31, 2025
Plan established
May 31, 1957
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jun 1, 2024 – May 31, 2025), filed Nov 21, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $42.0 million went into the plan in contributions, $22.3 million of it from the employer (53%).
  • $43.1 million was paid out to participants.
  • Investment and other income added $43.9 million.
  • Administrative expenses were $538,671, about $103 per account.

How the Alro Steel Corporation 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,696$325.6 million$12.5 million$17.4 million
20203,918$418.2 million$17.1 million$23.6 million
20214,092$406.5 million$22.3 million$29.8 million
20224,638$407.9 million$21.4 million$47.0 million
20235,018$470.1 million$26.5 million$53.3 million
20245,255$512.8 million$22.3 million$43.1 million

Alro Steel Corporation 401(k) Contact Information

Phone
517-787-5500
Mailing address
3100 E. HIGH STREET, JACKSON MI 49203
Plan sponsor
ALRO STEEL CORPORATION
Employer identification number (EIN)
38-1300597
Plan number
001

Questions about the Alro Steel Corporation 401(k)

Does Alro Steel Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $22.3 million, 53% of all contributions.

Does the Alro Steel Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Alro Steel Corporation 401(k) plan?

5,255 participants at the start of plan year 2024, 3,006 of them active employees, and 2,296 former employees who still had money in the plan.

What is the average 401(k) balance at Alro Steel Corporation?

About $98,234 per account: $512.8 million in plan assets across 5,220 accounts with a balance at the end of plan year 2024.

Who manages the Alro Steel Corporation 401(k) accounts?

John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Alro Steel Corporation. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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