401(k) · DOL Form 5500 · 2022

Standard Steel, LLC 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
514
Participants Below avg headcount
85th
Percentile by assets National rank
$67,829
Avg per participant Below avg balance/head
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Official DOL plan name: United Steel Workers of America - Standard Steel, LLC 401(k) Plan · Sponsored by Standard Steel, LLC · Pennsylvania · Manufacturing

$35M in assets, 514 participants

Standard Steel, LLC's United Steel Workers of America - Standard Steel, LLC 401(k) Plan reported $35M in total assets and 514 participants in its 2022 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,039 in Manufacturing (20,602 peers)

Where United Steel Workers of America - Standard Steel, LLC 401(k) Plan sits by assets

United Steel Workers of America - Standard Steel, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $35M for 514 participants (~$67,829/participant), down 13.6% in 2022.

#16,039
in Manufacturing (20,602 peers)
-13.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Steel Workers of America - Standard Steel, LLC 401(k) Plan's outsized position by total assets

United Steel Workers of America - Standard Steel, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$34,864,325 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

United Steel Workers of America - Standard Steel, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Steel Workers of America - Standard Steel, LLC 401(k) Plan sits mid-pack in the medium band (514 participants).

Form 5500 schedule snapshot

Filing strip 320020058 · Standard Steel, LLC PY 2022 · 401(k)

United Steel Workers of America - Standard Steel, LLC 401(k) Plan · $35M · 514 · 85th

  • SCH $35M
  • EBSA 514
  • PART 85th
  • TYPE 401(k)
  • NET near Metalex Manufacturing, Inc. Employee Profit Sharing and 401(k) Plan
  • BOOK ind #16039

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

United Steel Workers of America - Standard Steel, LLC 401(k) Plan in the asset neighbourhood

Magnolia Plumbing Employee 401(k) & Profit Sharing PlanMagnolia Plumbing Employee 4…$35MUnited Steel Workers of America - Standard Steel, LLC 401(k) PlanUnited Steel Workers of Amer…$35MMetalex Manufacturing, Inc. Employee Profit Sharing and 401(k) PlanMetalex Manufacturing, Inc. …$35MAssociated Terminals, L.L.C. 401(k) PlanAssociated Terminals, L.L.C.…$35MTelamon Corporation 401(k) PlanTelamon Corporation 401(k) P…$35M
End-of-year total assets ($M) among United Steel Workers of America - Standard Steel, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$35M
Net Income-$5M
Employer EIN320020058
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Standard Steel, LLC)

Sponsor-wide plan assets over time

All Standard Steel, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$67M 25.009049434956566% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $53.9M $67.4M ▲ +25.0%
Year Plans Participants Total Assets
2022 2 611 $54M
2023 2 616 $62M
2024 2 615 $67M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

United Steel Workers of America - Standard Steel, LLC 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants United Steel Workers of America - Standard Steel, LLC 401(k) Plan, Total assets ($B): 0.034864325 · Participants: 514United Steel Workers of America - Standard Steel, LLC 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
United Steel Workers of America - Standard Steel, LLC 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

United Steel Workers of America - Standard Steel, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Metalex Manufacturing, Inc. Employee Profit Sharing and 401(k) Plan in OH ($35M); by covered participants it is Symphony Performance Health, Inc. D/B/a Sph Analytics Retirement Plan in GA (514 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (514 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Steel Workers of America - Standard Steel, LLC 401(k) Plan assets move in 2022?
United Steel Workers of America - Standard Steel, LLC 401(k) Plan pulled back noticeably - down 13.6% during 2022, from $40M to $35M. Reported net income was -$5M.
How have Standard Steel, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Standard Steel, LLC's sponsor-wide assets grew 25.0%, from $54M to $67M.
Where does United Steel Workers of America - Standard Steel, LLC 401(k) Plan rank by assets among Form 5500 filers?
United Steel Workers of America - Standard Steel, LLC 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to United Steel Workers of America - Standard Steel, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Metalex Manufacturing, Inc. Employee Profit Sharing and 401(k) Plan in OH ($35M, 104 participants).
Which 401(k) plans cover a similar participant headcount to United Steel Workers of America - Standard Steel, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Symphony Performance Health, Inc. D/B/a Sph Analytics Retirement Plan in GA (514 participants, N/A in assets).