Civic Intelligence

Quanex Corporation

Plan context: Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust

EIN 38-1872178 • Jackson, MI • 238 filings • 39 plans

5591 Morrill RdJackson, MI 49201
Current Snapshot

Latest Year

2024

2024 Participants

984

2024 Assets

$427,721,619

2024 Contributions

$19,444,528

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$486,913,338$243,456,669$0199920122024YearValue
$427,721,619Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

4,5402,2700199920122024YearValue
984Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20245984$427,721,619$19,444,528$19,761iApproximate average salary by contribution assumption: employee only about $494,017 at 4% or $329,345 at 6%; with 50% employer match about $329,345 at 4% or $219,563 at 6%; with 100% employer match about $247,009 at 4% or $164,672 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$174,769,333--
Quanex Corp Employees Savings Plan-569$112,914,253$9,352,730$16,437iApproximate average salary by contribution assumption: employee only about $410,928 at 4% or $273,952 at 6%; with 50% employer match about $273,952 at 4% or $182,635 at 6%; with 100% employer match about $205,464 at 4% or $136,976 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-488$73,622,707$3,674,000$7,529iApproximate average salary by contribution assumption: employee only about $188,217 at 4% or $125,478 at 6%; with 50% employer match about $125,478 at 4% or $83,652 at 6%; with 100% employer match about $94,109 at 4% or $62,739 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-984$66,413,260$6,417,798$6,522iApproximate average salary by contribution assumption: employee only about $163,054 at 4% or $108,703 at 6%; with 50% employer match about $108,703 at 4% or $72,468 at 6%; with 100% employer match about $81,527 at 4% or $54,351 at 6%.
Quanex Corporation Salaried Employees Pension Plan-0$2,066--
20235960$430,630,010$24,821,483$25,856iApproximate average salary by contribution assumption: employee only about $646,393 at 4% or $430,929 at 6%; with 50% employer match about $430,929 at 4% or $287,286 at 6%; with 100% employer match about $323,196 at 4% or $215,464 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$152,978,509--
Quanex Corp Employees Savings Plan-505$96,703,531$7,510,628$14,873iApproximate average salary by contribution assumption: employee only about $371,813 at 4% or $247,876 at 6%; with 50% employer match about $247,876 at 4% or $165,250 at 6%; with 100% employer match about $185,907 at 4% or $123,938 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-522$72,927,088$3,738,000$7,161iApproximate average salary by contribution assumption: employee only about $179,023 at 4% or $119,349 at 6%; with 50% employer match about $119,349 at 4% or $79,566 at 6%; with 100% employer match about $89,511 at 4% or $59,674 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-960$60,036,004$5,072,855$5,284iApproximate average salary by contribution assumption: employee only about $132,106 at 4% or $88,070 at 6%; with 50% employer match about $88,070 at 4% or $58,714 at 6%; with 100% employer match about $66,053 at 4% or $44,035 at 6%.
Quanex Corporation Salaried Employees Pension Plan-192$47,984,878$8,500,000$44,271iApproximate average salary by contribution assumption: employee only about $1,106,771 at 4% or $737,847 at 6%; with 50% employer match about $737,847 at 4% or $491,898 at 6%; with 100% employer match about $553,385 at 4% or $368,924 at 6%.
20225931$378,403,445$12,437,110$13,359iApproximate average salary by contribution assumption: employee only about $333,972 at 4% or $222,648 at 6%; with 50% employer match about $222,648 at 4% or $148,432 at 6%; with 100% employer match about $166,986 at 4% or $111,324 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$131,751,748--
Quanex Corp Employees Savings Plan-495$84,847,257$6,999,874$14,141iApproximate average salary by contribution assumption: employee only about $353,529 at 4% or $235,686 at 6%; with 50% employer match about $235,686 at 4% or $157,124 at 6%; with 100% employer match about $176,764 at 4% or $117,843 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-552$64,959,813--
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-931$50,246,624$5,437,236$5,840iApproximate average salary by contribution assumption: employee only about $146,005 at 4% or $97,337 at 6%; with 50% employer match about $97,337 at 4% or $64,891 at 6%; with 100% employer match about $73,003 at 4% or $48,668 at 6%.
Quanex Corporation Salaried Employees Pension Plan-231$46,598,003--
20215927$486,913,338$11,826,382$12,758iApproximate average salary by contribution assumption: employee only about $318,942 at 4% or $212,628 at 6%; with 50% employer match about $212,628 at 4% or $141,752 at 6%; with 100% employer match about $159,471 at 4% or $106,314 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$168,014,849--
Quanex Corp Employees Savings Plan-431$106,622,575$5,960,593$13,830iApproximate average salary by contribution assumption: employee only about $345,742 at 4% or $230,495 at 6%; with 50% employer match about $230,495 at 4% or $153,663 at 6%; with 100% employer match about $172,871 at 4% or $115,247 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-608$84,717,530$875,000$1,439iApproximate average salary by contribution assumption: employee only about $35,979 at 4% or $23,986 at 6%; with 50% employer match about $23,986 at 4% or $15,990 at 6%; with 100% employer match about $17,989 at 4% or $11,993 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-927$64,991,466$4,825,789$5,206iApproximate average salary by contribution assumption: employee only about $130,145 at 4% or $86,764 at 6%; with 50% employer match about $86,764 at 4% or $57,842 at 6%; with 100% employer match about $65,073 at 4% or $43,382 at 6%.
Quanex Corporation Salaried Employees Pension Plan-247$62,566,918$165,000$668iApproximate average salary by contribution assumption: employee only about $16,700 at 4% or $11,134 at 6%; with 50% employer match about $11,134 at 4% or $7,422 at 6%; with 100% employer match about $8,350 at 4% or $5,567 at 6%.
20205943$464,535,558$13,318,836$14,124iApproximate average salary by contribution assumption: employee only about $353,097 at 4% or $235,398 at 6%; with 50% employer match about $235,398 at 4% or $156,932 at 6%; with 100% employer match about $176,549 at 4% or $117,699 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$152,075,187--
Quanex Corp Employees Savings Plan-415$96,309,648$5,076,884$12,233iApproximate average salary by contribution assumption: employee only about $305,836 at 4% or $203,891 at 6%; with 50% employer match about $203,891 at 4% or $135,927 at 6%; with 100% employer match about $152,918 at 4% or $101,945 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-656$87,653,431$3,700,000$5,640iApproximate average salary by contribution assumption: employee only about $141,006 at 4% or $94,004 at 6%; with 50% employer match about $94,004 at 4% or $62,669 at 6%; with 100% employer match about $70,503 at 4% or $47,002 at 6%.
Quanex Corporation Salaried Employees Pension Plan-271$69,322,555$680,000$2,509iApproximate average salary by contribution assumption: employee only about $62,731 at 4% or $41,820 at 6%; with 50% employer match about $41,820 at 4% or $27,880 at 6%; with 100% employer match about $31,365 at 4% or $20,910 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-943$59,174,737$3,861,952$4,095iApproximate average salary by contribution assumption: employee only about $102,385 at 4% or $68,256 at 6%; with 50% employer match about $68,256 at 4% or $45,504 at 6%; with 100% employer match about $51,192 at 4% or $34,128 at 6%.
201951,041$424,296,391$16,355,115$15,711iApproximate average salary by contribution assumption: employee only about $392,774 at 4% or $261,849 at 6%; with 50% employer match about $261,849 at 4% or $174,566 at 6%; with 100% employer match about $196,387 at 4% or $130,925 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$137,930,271--
Quanex Corp Employees Savings Plan-493$87,907,711$6,314,339$12,808iApproximate average salary by contribution assumption: employee only about $320,200 at 4% or $213,466 at 6%; with 50% employer match about $213,466 at 4% or $142,311 at 6%; with 100% employer match about $160,100 at 4% or $106,733 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-751$76,730,465$4,070,000$5,419iApproximate average salary by contribution assumption: employee only about $135,486 at 4% or $90,324 at 6%; with 50% employer match about $90,324 at 4% or $60,216 at 6%; with 100% employer match about $67,743 at 4% or $45,162 at 6%.
Quanex Corporation Salaried Employees Pension Plan-331$68,086,606$1,200,000$3,625iApproximate average salary by contribution assumption: employee only about $90,634 at 4% or $60,423 at 6%; with 50% employer match about $60,423 at 4% or $40,282 at 6%; with 100% employer match about $45,317 at 4% or $30,211 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,041$53,641,338$4,770,776$4,583iApproximate average salary by contribution assumption: employee only about $114,572 at 4% or $76,381 at 6%; with 50% employer match about $76,381 at 4% or $50,921 at 6%; with 100% employer match about $57,286 at 4% or $38,191 at 6%.
201851,078$357,157,126$10,289,951$9,545iApproximate average salary by contribution assumption: employee only about $238,635 at 4% or $159,090 at 6%; with 50% employer match about $159,090 at 4% or $106,060 at 6%; with 100% employer match about $119,318 at 4% or $79,545 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$114,208,233--
Quanex Corp Employees Savings Plan-469$72,417,301$5,740,599$12,240iApproximate average salary by contribution assumption: employee only about $306,002 at 4% or $204,001 at 6%; with 50% employer match about $204,001 at 4% or $136,001 at 6%; with 100% employer match about $153,001 at 4% or $102,001 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-806$62,931,050--
Quanex Corporation Salaried Employees Pension Plan-366$62,356,960--
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,078$45,243,582$4,549,352$4,220iApproximate average salary by contribution assumption: employee only about $105,504 at 4% or $70,336 at 6%; with 50% employer match about $70,336 at 4% or $46,891 at 6%; with 100% employer match about $52,752 at 4% or $35,168 at 6%.
201751,063$390,772,010$41,980,513$39,492iApproximate average salary by contribution assumption: employee only about $987,312 at 4% or $658,208 at 6%; with 50% employer match about $658,208 at 4% or $438,805 at 6%; with 100% employer match about $493,656 at 4% or $329,104 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$122,879,209--
Quanex Corp Employees Savings Plan-451$77,356,169$6,725,380$14,912iApproximate average salary by contribution assumption: employee only about $372,804 at 4% or $248,536 at 6%; with 50% employer match about $248,536 at 4% or $165,691 at 6%; with 100% employer match about $186,402 at 4% or $124,268 at 6%.
Quanex Corporation Salaried Employees Pension Plan-396$71,880,358$16,045,000$40,518iApproximate average salary by contribution assumption: employee only about $1,012,942 at 4% or $675,295 at 6%; with 50% employer match about $675,295 at 4% or $450,196 at 6%; with 100% employer match about $506,471 at 4% or $337,647 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-850$69,902,881$15,225,000$17,912iApproximate average salary by contribution assumption: employee only about $447,794 at 4% or $298,529 at 6%; with 50% employer match about $298,529 at 4% or $199,020 at 6%; with 100% employer match about $223,897 at 4% or $149,265 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,063$48,753,393$3,985,133$3,749iApproximate average salary by contribution assumption: employee only about $93,724 at 4% or $62,482 at 6%; with 50% employer match about $62,482 at 4% or $41,655 at 6%; with 100% employer match about $46,862 at 4% or $31,241 at 6%.
201651,081$328,261,523$18,776,136$17,369iApproximate average salary by contribution assumption: employee only about $434,231 at 4% or $289,487 at 6%; with 50% employer match about $289,487 at 4% or $192,991 at 6%; with 100% employer match about $217,115 at 4% or $144,744 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$106,360,458--
Quanex Corp Employees Savings Plan-669$69,044,839$6,580,735$9,837iApproximate average salary by contribution assumption: employee only about $245,917 at 4% or $163,945 at 6%; with 50% employer match about $163,945 at 4% or $109,296 at 6%; with 100% employer match about $122,958 at 4% or $81,972 at 6%.
Quanex Corporation Salaried Employees Pension Plan-653$61,511,790$3,610,000$5,528iApproximate average salary by contribution assumption: employee only about $138,208 at 4% or $92,139 at 6%; with 50% employer match about $92,139 at 4% or $61,426 at 6%; with 100% employer match about $69,104 at 4% or $46,069 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-900$50,961,742$4,825,000$5,361iApproximate average salary by contribution assumption: employee only about $134,028 at 4% or $89,352 at 6%; with 50% employer match about $89,352 at 4% or $59,568 at 6%; with 100% employer match about $67,014 at 4% or $44,676 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,081$40,382,694$3,760,401$3,479iApproximate average salary by contribution assumption: employee only about $86,966 at 4% or $57,977 at 6%; with 50% employer match about $57,977 at 4% or $38,651 at 6%; with 100% employer match about $43,483 at 4% or $28,989 at 6%.
201551,082$309,117,928$11,698,375$10,812iApproximate average salary by contribution assumption: employee only about $270,295 at 4% or $180,197 at 6%; with 50% employer match about $180,197 at 4% or $120,131 at 6%; with 100% employer match about $135,148 at 4% or $90,098 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$99,759,949--
Quanex Corp Employees Savings Plan-710$65,365,959$5,277,430$7,433iApproximate average salary by contribution assumption: employee only about $185,825 at 4% or $123,883 at 6%; with 50% employer match about $123,883 at 4% or $82,589 at 6%; with 100% employer match about $92,913 at 4% or $61,942 at 6%.
Quanex Corporation Salaried Employees Pension Plan-732$61,315,170$2,796,029$3,820iApproximate average salary by contribution assumption: employee only about $95,493 at 4% or $63,662 at 6%; with 50% employer match about $63,662 at 4% or $42,441 at 6%; with 100% employer match about $47,746 at 4% or $31,831 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-948$45,220,806--
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,082$37,456,044$3,624,916$3,350iApproximate average salary by contribution assumption: employee only about $83,755 at 4% or $55,837 at 6%; with 50% employer match about $55,837 at 4% or $37,224 at 6%; with 100% employer match about $41,877 at 4% or $27,918 at 6%.
201471,117$330,352,581$26,752,273$23,950iApproximate average salary by contribution assumption: employee only about $598,753 at 4% or $399,169 at 6%; with 50% employer match about $399,169 at 4% or $266,112 at 6%; with 100% employer match about $299,376 at 4% or $199,584 at 6%.
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$103,863,330--
Quanex Corporation Salaried Employees Pension Plan-799$69,887,473$8,755,726$10,958iApproximate average salary by contribution assumption: employee only about $273,959 at 4% or $182,639 at 6%; with 50% employer match about $182,639 at 4% or $121,760 at 6%; with 100% employer match about $136,979 at 4% or $91,320 at 6%.
Quanex Corp Employees Savings Plan-794$69,824,303$5,272,034$6,640iApproximate average salary by contribution assumption: employee only about $165,996 at 4% or $110,664 at 6%; with 50% employer match about $110,664 at 4% or $73,776 at 6%; with 100% employer match about $82,998 at 4% or $55,332 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-1,000$49,972,004$9,140,409$9,140iApproximate average salary by contribution assumption: employee only about $228,510 at 4% or $152,340 at 6%; with 50% employer match about $152,340 at 4% or $101,560 at 6%; with 100% employer match about $114,255 at 4% or $76,170 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,117$36,805,471$3,584,104$3,209iApproximate average salary by contribution assumption: employee only about $80,217 at 4% or $53,478 at 6%; with 50% employer match about $53,478 at 4% or $35,652 at 6%; with 100% employer match about $40,109 at 4% or $26,739 at 6%.
Quanex Corporation Group Benefits Plan-0---
GERDAU MACSTEEL PENSION PLANS MASTER TRUST-----
201371,858$411,981,975$8,453,529$4,550iApproximate average salary by contribution assumption: employee only about $113,745 at 4% or $75,830 at 6%; with 50% employer match about $75,830 at 4% or $50,553 at 6%; with 100% employer match about $56,873 at 4% or $37,915 at 6%.
GERDAU MACSTEEL PENSION PLANS MASTER TRUST--$103,546,768--
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$101,300,795--
Quanex Corp Employees Savings Plan-778$67,889,703$5,223,087$6,713iApproximate average salary by contribution assumption: employee only about $167,837 at 4% or $111,891 at 6%; with 50% employer match about $111,891 at 4% or $74,594 at 6%; with 100% employer match about $83,918 at 4% or $55,946 at 6%.
Quanex Corporation Salaried Employees Pension Plan-782$63,509,228--
Gerdau Macsteel Pension Plan for Bargaining Employees-1,057$40,037,540--
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,092$35,697,941$3,230,442$2,958iApproximate average salary by contribution assumption: employee only about $73,957 at 4% or $49,305 at 6%; with 50% employer match about $49,305 at 4% or $32,870 at 6%; with 100% employer match about $36,979 at 4% or $24,652 at 6%.
Quanex Corporation Group Benefits Plan-1,858---
201271,778$383,263,451$7,386,672$4,154iApproximate average salary by contribution assumption: employee only about $103,862 at 4% or $69,241 at 6%; with 50% employer match about $69,241 at 4% or $46,161 at 6%; with 100% employer match about $51,931 at 4% or $34,621 at 6%.
GERDAU MACSTEEL PENSION PLANS MASTER TRUST--$107,017,125--
Gerdau Macsteel Savings Plan and Gerdau Macsteel Bargaining Plan Master Trust--$83,655,227--
Quanex Corporation Salaried Employees Pension Plan-761$65,419,534--
Quanex Corp Employees Savings Plan-750$56,357,602$4,736,231$6,315iApproximate average salary by contribution assumption: employee only about $157,874 at 4% or $105,250 at 6%; with 50% employer match about $105,250 at 4% or $70,166 at 6%; with 100% employer match about $78,937 at 4% or $52,625 at 6%.
Gerdau Macsteel Pension Plan for Bargaining Employees-1,109$41,597,591--
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,069$29,216,372$2,650,441$2,479iApproximate average salary by contribution assumption: employee only about $61,984 at 4% or $41,323 at 6%; with 50% employer match about $41,323 at 4% or $27,548 at 6%; with 100% employer match about $30,992 at 4% or $20,661 at 6%.
Quanex Corporation Group Benefits Plan-1,778---
201171,697$227,040,426$12,710,963$7,490iApproximate average salary by contribution assumption: employee only about $187,256 at 4% or $124,838 at 6%; with 50% employer match about $124,838 at 4% or $83,225 at 6%; with 100% employer match about $93,628 at 4% or $62,419 at 6%.
GERDAU MACSTEEL PENSION PLANS MASTER TRUST--$88,424,641--
Quanex Corporation Salaried Employees Pension Plan-728$61,523,526$6,148,184$8,445iApproximate average salary by contribution assumption: employee only about $211,133 at 4% or $140,755 at 6%; with 50% employer match about $140,755 at 4% or $93,837 at 6%; with 100% employer match about $105,566 at 4% or $70,378 at 6%.
Quanex Corp Employees Savings Plan-716$52,525,820$4,373,177$6,108iApproximate average salary by contribution assumption: employee only about $152,695 at 4% or $101,796 at 6%; with 50% employer match about $101,796 at 4% or $67,864 at 6%; with 100% employer match about $76,347 at 4% or $50,898 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,036$24,566,439$2,189,602$2,114iApproximate average salary by contribution assumption: employee only about $52,838 at 4% or $35,225 at 6%; with 50% employer match about $35,225 at 4% or $23,484 at 6%; with 100% employer match about $26,419 at 4% or $17,613 at 6%.
Quanex Corporation Group Benefits Plan-1,697---
Macsteel DIV Hourly Rated Employees Pension Plan-0---
Quanex Corp. Macsteel-Arkansas DIV. Operations Personnel Pension Plan-0---
201061,565$167,160,928$16,222,124$10,366iApproximate average salary by contribution assumption: employee only about $259,139 at 4% or $172,760 at 6%; with 50% employer match about $172,760 at 4% or $115,173 at 6%; with 100% employer match about $129,570 at 4% or $86,380 at 6%.
Quanex Corporation Salaried Employees Pension Plan-678$57,298,192$7,024,000$10,360iApproximate average salary by contribution assumption: employee only about $258,997 at 4% or $172,665 at 6%; with 50% employer match about $172,665 at 4% or $115,110 at 6%; with 100% employer match about $129,499 at 4% or $86,332 at 6%.
Quanex Corp Employees Savings Plan-667$55,776,558$3,914,334$5,869iApproximate average salary by contribution assumption: employee only about $146,714 at 4% or $97,809 at 6%; with 50% employer match about $97,809 at 4% or $65,206 at 6%; with 100% employer match about $73,357 at 4% or $48,905 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-987$25,381,451$1,992,790$2,019iApproximate average salary by contribution assumption: employee only about $50,476 at 4% or $33,651 at 6%; with 50% employer match about $33,651 at 4% or $22,434 at 6%; with 100% employer match about $25,238 at 4% or $16,825 at 6%.
Macsteel DIV Hourly Rated Employees Pension Plan-296$17,614,059$1,812,600$6,124iApproximate average salary by contribution assumption: employee only about $153,091 at 4% or $102,061 at 6%; with 50% employer match about $102,061 at 4% or $68,041 at 6%; with 100% employer match about $76,546 at 4% or $51,030 at 6%.
Quanex Corp. Macsteel-Arkansas DIV. Operations Personnel Pension Plan-407$11,090,668$1,478,400$3,632iApproximate average salary by contribution assumption: employee only about $90,811 at 4% or $60,541 at 6%; with 50% employer match about $60,541 at 4% or $40,360 at 6%; with 100% employer match about $45,405 at 4% or $30,270 at 6%.
Quanex Corporation Group Benefits Plan-1,565---
200961,286$144,583,570$14,615,113$11,365iApproximate average salary by contribution assumption: employee only about $284,120 at 4% or $189,413 at 6%; with 50% employer match about $189,413 at 4% or $126,275 at 6%; with 100% employer match about $142,060 at 4% or $94,707 at 6%.
Quanex Corp Employees Savings Plan-685$52,024,068$3,044,916$4,445iApproximate average salary by contribution assumption: employee only about $111,128 at 4% or $74,086 at 6%; with 50% employer match about $74,086 at 4% or $49,390 at 6%; with 100% employer match about $55,564 at 4% or $37,043 at 6%.
Quanex Corporation Salaried Employees Pension Plan-681$46,899,195$5,919,437$8,692iApproximate average salary by contribution assumption: employee only about $217,307 at 4% or $144,871 at 6%; with 50% employer match about $144,871 at 4% or $96,581 at 6%; with 100% employer match about $108,653 at 4% or $72,436 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-839$22,284,882$1,239,666$1,478iApproximate average salary by contribution assumption: employee only about $36,939 at 4% or $24,626 at 6%; with 50% employer match about $24,626 at 4% or $16,417 at 6%; with 100% employer match about $18,469 at 4% or $12,313 at 6%.
Macsteel DIV Hourly Rated Employees Pension Plan-248$14,638,672$2,998,651$12,091iApproximate average salary by contribution assumption: employee only about $302,283 at 4% or $201,522 at 6%; with 50% employer match about $201,522 at 4% or $134,348 at 6%; with 100% employer match about $151,142 at 4% or $100,761 at 6%.
Quanex Corp. Macsteel-Arkansas DIV. Operations Personnel Pension Plan-320$8,736,753$1,412,443$4,414iApproximate average salary by contribution assumption: employee only about $110,347 at 4% or $73,565 at 6%; with 50% employer match about $73,565 at 4% or $49,043 at 6%; with 100% employer match about $55,174 at 4% or $36,782 at 6%.
Quanex Corporation Group Benefits Plan-1,286---
200881,653$81,784,083$12,184,058$7,371iApproximate average salary by contribution assumption: employee only about $184,272 at 4% or $122,848 at 6%; with 50% employer match about $122,848 at 4% or $81,899 at 6%; with 100% employer match about $92,136 at 4% or $61,424 at 6%.
Quanex Corp Employees Savings Plan-754$45,872,837$6,447,237$8,551iApproximate average salary by contribution assumption: employee only about $213,768 at 4% or $142,512 at 6%; with 50% employer match about $142,512 at 4% or $95,008 at 6%; with 100% employer match about $106,884 at 4% or $71,256 at 6%.
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,653$19,742,942$2,131,532$1,289iApproximate average salary by contribution assumption: employee only about $32,237 at 4% or $21,492 at 6%; with 50% employer match about $21,492 at 4% or $14,328 at 6%; with 100% employer match about $16,119 at 4% or $10,746 at 6%.
Macsteel DIV Hourly Rated Employees Pension Plan-281$9,994,145$2,090,811$7,441iApproximate average salary by contribution assumption: employee only about $186,015 at 4% or $124,010 at 6%; with 50% employer match about $124,010 at 4% or $82,673 at 6%; with 100% employer match about $93,008 at 4% or $62,005 at 6%.
Quanex Corp. Macsteel-Arkansas DIV. Operations Personnel Pension Plan-323$6,174,159$1,514,478$4,689iApproximate average salary by contribution assumption: employee only about $117,220 at 4% or $78,146 at 6%; with 50% employer match about $78,146 at 4% or $52,098 at 6%; with 100% employer match about $58,610 at 4% or $39,073 at 6%.
Quanex Corporation Group Benefits Plan-723---
Macsteel-Michigan Union Group Benefits Plans-0---
MACSTEEL ARKANSAS HOURLY EMPLOYEES GROUP BENEFIT PLAN-0---
Quanex Corporation Salaried Employees Pension Plan-738---
2007134,146$291,150,196$17,447,992$4,208iApproximate average salary by contribution assumption: employee only about $105,210 at 4% or $70,140 at 6%; with 50% employer match about $70,140 at 4% or $46,760 at 6%; with 100% employer match about $52,605 at 4% or $35,070 at 6%.
Quanex Corp Employees Savings Plan-3,346$188,610,929$15,004,824$4,484iApproximate average salary by contribution assumption: employee only about $112,110 at 4% or $74,740 at 6%; with 50% employer match about $74,740 at 4% or $49,827 at 6%; with 100% employer match about $56,055 at 4% or $37,370 at 6%.
Quanex Corporation Salaried Employees Pension Plan-2,742$53,582,705--
Quanex Corp Hourly Bargaining Unit Employees Savings Plan-1,209$29,200,049$2,443,168$2,021iApproximate average salary by contribution assumption: employee only about $50,520 at 4% or $33,680 at 6%; with 50% employer match about $33,680 at 4% or $22,454 at 6%; with 100% employer match about $25,260 at 4% or $16,840 at 6%.
Macsteel DIV Hourly Rated Employees Pension Plan-271$12,436,802--
Quanex Corp. Macsteel-Arkansas DIV. Operations Personnel Pension Plan-334$7,319,711--
Nichols-Homeshield Salaried Severance Plan-0---
Quanex Salaried Severance Plan-757---
MCHATTIE SCHOLARSHIP-4,091---
Temroc Corporation Profit Sharing Plan and Trust-0---
MACSTEEL ARKANSAS HOURLY EMPLOYEES GROUP BENEFIT PLAN-252---
Macsteel-Michigan Union Group Benefits Plans-221---
Quanex Corporation Group Benefits Plan-4,146---
Nichols-Homeshield Davenport Union Group Benefit Plan-255---
2006154,200$269,640,159$15,646,447$3,725iApproximate average salary by contribution assumption: employee only about $93,134 at 4% or $62,089 at 6%; with 50% employer match about $62,089 at 4% or $41,393 at 6%; with 100% employer match about $46,567 at 4% or $31,045 at 6%.
Quanex Corp Employees Savings Plan-2,683$138,417,408$4,823,555$1,798iApproximate average salary by contribution assumption: employee only about $44,946 at 4% or $29,964 at 6%; with 50% employer match about $29,964 at 4% or $19,976 at 6%; with 100% employer match about $22,473 at 4% or $14,982 at 6%.
MCHATTIE SCHOLARSHIP-4,200---
Nichols 401K Savings Plan-0-$5,539,430-
Quanex Salaried Severance Plan-560---
Nichols-Homeshield Salaried Severance Plan-364---
Quanex Corporation Group Benefits Plan-2,081---
Macsteel-Michigan Union Group Benefits Plans-224---
MACSTEEL ARKANSAS HOURLY EMPLOYEES GROUP BENEFIT PLAN-0---
Nichols-Homeshield Davenport Union Group Benefit Plan-252---
2005164,540$256,160,562$29,559,282$6,511iApproximate average salary by contribution assumption: employee only about $162,771 at 4% or $108,514 at 6%; with 50% employer match about $108,514 at 4% or $72,343 at 6%; with 100% employer match about $81,386 at 4% or $54,257 at 6%.
2004153,430$230,348,121$21,317,255$6,215iApproximate average salary by contribution assumption: employee only about $155,374 at 4% or $103,582 at 6%; with 50% employer match about $103,582 at 4% or $69,055 at 6%; with 100% employer match about $77,687 at 4% or $51,791 at 6%.
2003143,081$195,415,706$20,967,893$6,806iApproximate average salary by contribution assumption: employee only about $170,139 at 4% or $113,426 at 6%; with 50% employer match about $113,426 at 4% or $75,617 at 6%; with 100% employer match about $85,069 at 4% or $56,713 at 6%.
2002173,450$151,991,935$25,159,760$7,293iApproximate average salary by contribution assumption: employee only about $182,317 at 4% or $121,545 at 6%; with 50% employer match about $121,545 at 4% or $81,030 at 6%; with 100% employer match about $91,159 at 4% or $60,772 at 6%.
2001173,192$153,746,243$15,362,556$4,813iApproximate average salary by contribution assumption: employee only about $120,321 at 4% or $80,214 at 6%; with 50% employer match about $80,214 at 4% or $53,476 at 6%; with 100% employer match about $60,160 at 4% or $40,107 at 6%.
2000163,416$148,972,324$14,771,229$4,324iApproximate average salary by contribution assumption: employee only about $108,103 at 4% or $72,069 at 6%; with 50% employer match about $72,069 at 4% or $48,046 at 6%; with 100% employer match about $54,052 at 4% or $36,034 at 6%.
199917944$152,219,766$11,298,577$11,969iApproximate average salary by contribution assumption: employee only about $299,221 at 4% or $199,481 at 6%; with 50% employer match about $199,481 at 4% or $132,987 at 6%; with 100% employer match about $149,610 at 4% or $99,740 at 6%.