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Original filing (PDF)20251014140703NAL0003114609002

THOMAS STEEL STRIP CORP.

Form 5500
FILING_RECEIVED
THOMAS STEEL STRIP CORP. PENSION PLAN
Defined-benefit pension plan
Active participants
47
Accounts w/ balance
Plan assets (EOY)
$65.9M
Net assets (EOY)
$65.7M
How this plan invests
This plan
322 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
  • 46 bps in Schedule C fees — 185% above peer band of 16 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THOMAS STEEL STRIP CORP..
Plan sponsor
Name
THOMAS STEEL STRIP CORP.
EIN
13-2799255
Address
400 DELAWARE AVE. N.W. · WARREN, OH · 444852603
Phone
(330) 841-6236
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
PACKER THOMAS
Trustee / custodian
Trustee phone

Service providers (Schedule C)

3 rows
Custodian
1
NameEINLocationRelationDirect compIndirect comp
MORGAN STANLEYNEW YORK, NYSUB CUSTODIAN$205K
Trustee
1
NameEINLocationRelationDirect compIndirect comp
COMERICA BANK42-1741646DETROIT, MITRUSTEE$26K
Actuary
1
NameEINLocationRelationDirect compIndirect comp
BUCK GLOBAL, LLC13-3954297PITTSBURGH, PAACTUARY$71K

Investments

316 direct securities· $63.1M(96% of reported assets)
PIInvestmentTypeShares / unitsCostCurrent value% of plan
Apollo Debt Bdc - Class I$1.7M$1.7M2.5%
Janus Henderson AAA Clo Etf$1.6M$1.6M2.5%
Federated Hermes Short Term Income Fund$1.6M$1.6M2.5%
Carlyle Tactical Private Credit Fund$1.5M$1.5M2.3%
Hps Corp Hps Corp Lending Fund - I$1.5M$1.5M2.3%
Comerica Short Term Fund Money Market$1.2M$1.2M1.8%
United States Treasury Note 3.875%; Matures 08/15/2034$1.1M$1.1M1.6%
United States Treasury Note 4.250%; Matures 11/30/2026$951K$950K1.4%
United States Treasury Note 4.000%; Matures 12/15/2027$878K$878K1.3%
United States Treasury Note 1.375%; Matures 11/15/2031$740K$740K1.1%
United States Treasury Bond 4.625%; Matures 11/15/2044$604K$582K0.9%
United States Treasury Bond 4.125%; Matures 08/15/2044$607K$571K0.9%
United States Treasury Note 4.125%; Matures 10/31/2026$515K$514K0.8%
Cps Auto Receivables 2021-b Tr 3.410%; Matures 06/15/2028$468K$494K0.7%
Us Treasury Bond Fed Stripped Matures 05/15/2052$588K$486K0.7%
Wlake 2023-3a D 6.470%; Matures 03/15/2029$436K$441K0.7%
Morgan Stanley Bank Dep Program Money Market$435K$435K0.7%
United States Treasury Note 3.625%; Matures 05/31/2028$436K$430K0.7%
United States Treasury Note 4.500%; Matures 05/31/2029$400K$402K0.6%
United States Treasury Note 4.625%; Matures 09/30/2028$375K$379K0.6%
At&t Inc 4.650%; Matures 06/01/2044$377K$364K0.6%
Us Treasury Bond Fed Stripped Matures 08/15/2051$456K$360K0.5%
Jpmorgan Chase & Co Fxd To 2.956%; Matures 05/13/2031$343K$358K0.5%
Athene Global Funding 2.950%; Matures 11/12/2026$333K$357K0.5%
Us Treasury Bond Fed Stripped Matures 08/15/2053$389K$345K0.5%
Truist Financial Corp Fxd To 6.047%; Matures 06/08/2027$335K$341K0.5%
Jpmorgan Chase & Co Fxd To 5.766%; Matures 04/22/2035$346K$338K0.5%
M&t Bank Corp Fxd To 012035 Va 5.385%; Matures 01/16/2036$337K$330K0.5%
Cvs Health Corp 5.050%; Matures 03/25/2048$352K$321K0.5%
Us Treasury Bond Fed Stripped Matures 02/15/2048$363K$320K0.5%
Us Treasury Bond Fed Stripped Matures 05/15/2053$328K$319K0.5%
United States Treasury Note 3.125%; Matures 11/15/2028$318K$316K0.5%
Comcast Corp 3.400%; Matures 07/15/2046$323K$309K0.5%
Us Treasury Bond Fed Stripped Matures 05/15/2051$325K$306K0.5%
Unitedhealth Group Inc 4.750%; Matures 05/15/2052$317K$305K0.5%
United States Treasury Note 4.125%; Matures 10/31/2029$294K$292K0.4%
Us Treasury Bond Fed Stripped Matures 11/15/2052$364K$290K0.4%
Florida Power & Light Co 2.875%; Matures 12/04/2051$285K$276K0.4%
Us Treasury Bond Fed Stripped Matures 08/15/2047$332K$272K0.4%
Exeter Auto Rec Tr 2023-3 D 6.680%; Matures 04/16/2029$265K$272K0.4%
United States Treasury Note 0.875%; Matures 11/15/2030$265K$266K0.4%
Ubs Group Ag Fxd To 082032 Var 6.537%; Matures 08/12/2033$260K$265K0.4%
United States Treasury Bond 4.625%; Matures 10/15/2026$261K$262K0.4%
Delta Air Lines Inc / Skymiles 4.750%; Matures 10/20/2028$264K$261K0.4%
Burlington Northern Santa Fe 5.200%; Matures 04/15/2054$265K$255K0.4%
Us Treasury Bond Fed Stripped Matures 02/15/2051$336K$254K0.4%
Barclays Plc 5.674%; Matures 03/12/2028$251K$253K0.4%
Us Treasury Bond Fed Stripped Matures 02/15/2050$335K$252K0.4%
Macquarie Group Ltd Fxd To 1.340%; Matures 01/12/2027$230K$251K0.4%
Us Treasury Bond Fed Stripped Matures 11/15/2048$265K$250K0.4%
Manufacturers & Traders Trust 4.700%; Matures 01/27/2028$243K$248K0.4%
Santander Holdings Usa Inc 3.244%; Matures 10/05/2026$236K$247K0.4%
Mexico Government International Bond 4.750%; Matures 03/08/2044$266K$247K0.4%
Patterson-uti Energy Inc 7.150%; Matures 10/01/2033$238K$246K0.4%
Aercap Ireland Capital Dac 2.450%; Matures 10/29/2026$227K$244K0.4%
Bank Of America Corp 5.425%; Matures 08/15/2035$252K$244K0.4%
United States Treasury Bond 4.250%; Matures 08/15/2054$248K$243K0.4%
Foursight Cap Atml Rec 2022-1 3.070%; Matures 05/15/2028$225K$240K0.4%
Us Treasury Bond Fed Stripped Matures 02/15/2049$280K$239K0.4%
Citigroup Inc Fxd To 012030 Va 2.666%; Matures 01/29/2031$231K$239K0.4%
Us Treasury Bond Fed Stripped Matures 08/15/2047$244K$239K0.4%
Vistra Operations Co Llc 6.000%; Matures 04/15/2034$238K$238K0.4%
Barclays Plc 5.690%; Matures 03/12/2030$236K$237K0.4%
Verizon Communications Inc 2.550%; Matures 03/21/2031$235K$237K0.4%
Citigroup Inc 4.450%; Matures 09/29/2027$235K$237K0.4%
Boeing Co 3.200%; Matures 03/01/2029$230K$235K0.4%
Electricite De France Sa 5.700%; Matures 05/23/2028$231K$234K0.4%
Energy Transfer Lp 4.400%; Matures 03/15/2027$227K$233K0.4%
Gls Auto Rec Issuer Tr 2024-1 5.950%; Matures 12/17/2029$230K$232K0.4%
Glencore Funding Llc 5.400%; Matures 05/08/2028$229K$232K0.4%
Us Treasury Bond Fed Stripped Matures 02/15/2046$262K$231K0.4%
At&t Inc 2.750%; Matures 06/01/2031$228K$231K0.3%
Cps At Rec Tr 2022-d D 8.730%; Matures 01/16/2029$231K$231K0.3%
T-mobile Usa Inc 3.875%; Matures 04/15/2030$228K$231K0.3%
Lloyds Banking Group Plc Fxd T 5.985%; Matures 08/07/2027$225K$228K0.3%
Florida Power & Light Co 2.450%; Matures 02/03/2032$231K$228K0.3%
Kroger Co/the 5.000%; Matures 09/15/2034$234K$228K0.3%
Us Treasury Bond Fed Stripped Matures 02/15/2046$246K$225K0.3%
Bnp Paribas Sa 5.176%; Matures 01/09/2030$225K$224K0.3%
Wells Fargo & Co 6.491%; Matures 10/23/2034$216K$223K0.3%
Us Treasury Bond Fed Stripped Matures 11/15/2050$247K$223K0.3%
Athene Global Funding 5.583%; Matures 01/09/2029$220K$222K0.3%
Us Treasury Bond Fed Stripped Matures 05/15/2050$219K$218K0.3%
United States Treasury Note 4.125%; Matures 11/30/2031$220K$215K0.3%
Us Treasury Bond Fed Stripped Matures 02/15/2045$230K$213K0.3%
Eli Lilly & Co 3.950%; Matures 03/15/2049$215K$212K0.3%
Enterprise Products Operating 3.700%; Matures 01/31/2051$228K$212K0.3%
Us Treasury Bond Fed Stripped Matures 11/15/2049$225K$209K0.3%
Alexandria Real Estate Equities 3.000%; Matures 05/18/2051$209K$209K0.3%
Us Treasury Bond Fed Stripped Matures 11/15/2051$260K$207K0.3%
Us Treasury Bond Fed Stripped Matures 08/15/2054$232K$206K0.3%
Natwest Group Plc Fxd To 09202 5.808%; Matures 09/13/2029$199K$204K0.3%
Totalenergies Capital 3.127%; Matures 05/29/2050$228K$204K0.3%
Energy Transfer Lp 6.500%; Matures 02/01/2042$196K$202K0.3%
Elevance Health Inc 5.650%; Matures 06/15/2054$213K$201K0.3%
Natwest Group Plc Fxd To 03203 5.778%; Matures 03/01/2035$200K$201K0.3%
Mileage Plus Holdings Llc / Mi 6.500%; Matures 06/20/2027$358K$201K0.3%
Pagaya Ai Debt Trust 2024-3 B 6.571%; Matures 10/15/2031$230K$201K0.3%
Gls Auto Rec Tr 2021-4 D 2.480%; Matures 10/15/2027$187K$201K0.3%
Exeter Automobile Rec 2022-2 D 4.560%; Matures 07/17/2028$199K$199K0.3%
Newmont Corp / Newcrest Financ 5.350%; Matures 03/15/2034$199K$199K0.3%
Agree Lp 5.625%; Matures 06/15/2034$193K$196K0.3%
Us Treasury Bond Fed Stripped Matures 05/15/2049$205K$196K0.3%
Kentucky Utilities Co 4.375%; Matures 10/01/2045$198K$195K0.3%
Bnp Paribas Sa 1.323%; Matures 01/13/2027$179K$193K0.3%
Allstate Corp/the 3.850%; Matures 08/10/2049$198K$192K0.3%
Roche Holdings Inc 5.218%; Matures 03/08/2054$199K$191K0.3%
Natwest Group Plc Fxd To 05202 3.073%; Matures 05/22/2028$187K$191K0.3%
Viatris Inc 3.850%; Matures 06/22/2040$169K$191K0.3%
Jpmorgan Chase & Co Fxd To 2.525%; Matures 11/19/2041$195K$190K0.3%
Kinder Morgan Energy Partners 6.500%; Matures 09/01/2039$186K$188K0.3%
Global Atlantic Fin Co Fxd To 4.700%; Matures 10/15/2051$182K$188K0.3%
Prologis Lp 5.000%; Matures 03/15/2034$188K$186K0.3%
Apple Inc 2.650%; Matures 02/08/2051$197K$185K0.3%
Ameren Illinois Co 3.700%; Matures 12/01/2047$187K$185K0.3%
Oracle Corp 5.500%; Matures 09/27/2064$199K$183K0.3%
Invitation Homes Operating 2.000%; Matures 08/15/2031$172K$183K0.3%
New York NY City Mun WTR FIN AU -- EE 6.011%; Matures 06/15/2042$190K$182K0.3%
Us Treasury Bond Fed Stripped Matures 11/15/2053$195K$182K0.3%
Conagra Brands Inc 1.375%; Matures 11/01/2027$169K$182K0.3%
Pepsico Inc 2.750%; Matures 10/21/2051$177K$181K0.3%
Toronto-dominion Bank/the Fxd 5.146%; Matures 09/10/2034$187K$181K0.3%
Home Depot Inc/the 2.750%; Matures 09/15/2051$198K$180K0.3%
Northrop Grumman Corp 4.750%; Matures 06/01/2043$184K$180K0.3%
General Dynamics Corp 4.250%; Matures 04/01/2040$188K$179K0.3%
Jpmorgan Chase & Co Fxd To 5.294%; Matures 07/22/2035$181K$178K0.3%
Us Treasury Bond Fed Stripped Matures 02/15/2052$169K$178K0.3%
Goldman Sachs Group Inc Fxd To 1.992%; Matures 01/27/2032$171K$178K0.3%
Jackson National Life Global 5.550%; Matures 07/02/2027$175K$177K0.3%
Astrazeneca Plc 3.000%; Matures 05/28/2051$190K$177K0.3%
United Parcel Service Inc 5.500%; Matures 05/22/2054$183K$176K0.3%
Conocophillips Co 5.300%; Matures 05/15/2053$187K$176K0.3%
Telefonica Emisiones Sa 7.045%; Matures 06/20/2036$177K$176K0.3%
Anheuser-busch Inbev Worldwide Inc 5.450%; Matures 01/23/2039$180K$176K0.3%
Hca Inc 5.200%; Matures 06/01/2028$174K$176K0.3%
Cisco Systems Inc 5.300%; Matures 02/26/2054$174K$175K0.3%
Occidental Petroleum Corp 6.050%; Matures 10/01/2054$189K$175K0.3%
Massachusetts St Build America Bond 5.456%; Matures 12/01/2039$182K$174K0.3%
Shell Finance Us Inc 3.750%; Matures 09/12/2046$186K$173K0.3%
Equinor Asa 3.950%; Matures 05/15/2043$175K$173K0.3%
Duke Energy Corp Fxd To 092034 6.450%; Matures 09/01/2054$175K$173K0.3%
Canadian National Railway Co 3.650%; Matures 02/03/2048$171K$173K0.3%
Us Bancorp Fxd To 022033 Var 4.839%; Matures 02/01/2034$176K$172K0.3%
Univ Calif Regts Med Ctr Pooled Rev Babdp 6.548%; Matures 05/15/2048$180K$172K0.3%
Rtx Corp 3.125%; Matures 07/01/2050$164K$170K0.3%
Celanese Us Holdings Llc 6.600%; Matures 11/15/2028$165K$169K0.3%
Us Treasury Bond Fed Stripped Matures 11/15/2054$169K$169K0.3%
Bp Capital Markets America Inc 2.939%; Matures 06/04/2051$182K$167K0.3%
Exxon Mobil Corp 3.452%; Matures 04/15/2051$188K$165K0.3%
Alexandria Real Estate Equities 2.950%; Matures 03/15/2034$163K$165K0.2%
Vodafone Group Plc 5.750%; Matures 06/28/2054$168K$164K0.2%
Pfizer Inc 2.550%; Matures 05/28/2040$166K$163K0.2%
Us Treasury Bond Fed Stripped Matures 05/15/2050$187K$162K0.2%
Charter Communications Operating Llc 5.125%; Matures 07/01/2049$159K$161K0.2%
United States Treasury Note 4.125%; Matures 11/30/2029$158K$158K0.2%
Rio Tinto Finance Usa Plc 5.125%; Matures 03/09/2053$167K$157K0.2%
Principal Life Global Funding 5.500%; Matures 06/28/2028$155K$157K0.2%
Eastern Energy Gas Holdings Ll 5.650%; Matures 10/15/2054$166K$156K0.2%
Us Treasury Bond Fed Stripped Matures 02/15/2049$189K$156K0.2%
Glencore Funding Llc 5.893%; Matures 04/04/2054$159K$155K0.2%
T-mobile Usa Inc 5.650%; Matures 01/15/2053$151K$155K0.2%
Benchmark 2024-v5 Mortgage 202 7.204%; Matures 01/10/2057$158K$155K0.2%
Simon Property Group Lp 3.800%; Matures 07/15/2050$151K$155K0.2%
Omega Healthcare Investors Inc 3.250%; Matures 04/15/2033$144K$155K0.2%
361 Mscy0df1 036056texas Instrume 4.100%; Matures 08/16/2052$164K$154K0.2%
Columbia Pipelines Holding Co 6.042%; Matures 08/15/2028$154K$154K0.2%
United States Treasury Note 0.500%; Matures 10/31/2027$145K$153K0.2%
Dte Electric Co 2.950%; Matures 03/01/2050$170K$153K0.2%
Us Treasury Bond Fed Stripped Matures 11/15/2047$153K$152K0.2%
Bbcms Mortgage Trust 2024-c24 6.000%; Matures 02/15/2057$154K$149K0.2%
United States Treasury Note 3.750%; Matures 08/31/2031$156K$149K0.2%
California St Genl Oblig Build America Bonds 7.550%; Matures 04/01/2039$166K$148K0.2%
United States Treasury Note 4.125%; Matures 11/15/2032$149K$146K0.2%
Markel Group Inc 6.000%; Matures 05/16/2054$145K$144K0.2%
Prudential Financial Inc 4.350%; Matures 02/25/2050$145K$143K0.2%
United States Treasury Note 1.250%; Matures 11/30/2026$136K$142K0.2%
United States Treasury Note 3.750%; Matures 05/31/2030$144K$140K0.2%
Expand Energy Corp 5.375%; Matures 02/01/2029$139K$138K0.2%
Aviation Capital Group Llc 6.375%; Matures 07/15/2030$132K$136K0.2%
Huntington Bancshares Inc/oh 6.208%; Matures 08/21/2029$130K$134K0.2%
Corebridge Financial Inc Fxd T 6.875%; Matures 12/15/2052$133K$133K0.2%
Nestle Holdings Inc 4.700%; Matures 01/15/2053$144K$133K0.2%
Goldman Sachs Group Inc/the Fx 5.561%; Matures 11/19/2045$135K$131K0.2%
Blackstone Private Credit Fund 2.625%; Matures 12/15/2026$113K$129K0.2%
Lockheed Martin Corp 4.150%; Matures 06/15/2053$142K$128K0.2%
South Bow Usa Infrastructure 5.026%; Matures 10/01/2029$130K$128K0.2%
Us Treasury Bond Fed Stripped Matures 05/15/2045$139K$128K0.2%
President And Fellows Of 2.517%; Matures 10/15/2050$138K$127K0.2%
Blue Owl Capital Corp 3.400%; Matures 07/15/2026$116K$126K0.2%
Realty Income Corp 3.400%; Matures 01/15/2030$118K$125K0.2%
Micron Technology Inc 5.300%; Matures 01/15/2031$125K$125K0.2%
Jabil Inc 1.700%; Matures 04/15/2026$117K$125K0.2%
Penske Truck Leasing Co Lp / P 1.700%; Matures 06/15/2026$116K$124K0.2%
Bhp Billiton Finance Usa Ltd 5.500%; Matures 09/08/2053$126K$123K0.2%
Kimco Realty Op Llc 3.200%; Matures 04/01/2032$120K$123K0.2%
Drive Auto Receivabl Tr 2024-2 4.940%; Matures 05/17/2032$125K$123K0.2%
Dominion Energy Inc Fxd To 052 6.625%; Matures 05/15/2055$120K$122K0.2%
Kinder Morgan Inc 2.000%; Matures 02/15/2031$116K$122K0.2%
Pacific Gas And Electric Co 4.950%; Matures 07/01/2050$113K$121K0.2%
Exeter Auto Rec Tr 2024-4 D 5.810%; Matures 12/16/2030$120K$121K0.2%
Showing top 200 of 316 investments by value.