401(k) · DOL Form 5500 · 2022

Standard Steel, LLC 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
97
Participants Small participant base
77th
Percentile by assets National rank
$196,142
Avg per participant Above avg balance/head
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Official DOL plan name: Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division · Sponsored by Standard Steel, LLC · Pennsylvania · Manufacturing

$19M in assets, 97 participants

Standard Steel, LLC's Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division reported $19M in total assets and 97 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #13,856 in Manufacturing (20,602 peers)

Where Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division sits by assets

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division sits in the top quartile of all filed plans by assets, $19M for 97 participants (~$196,142/participant), down 20.2% in 2022.

#13,856
in Manufacturing (20,602 peers)
-20.2%
assets change YoY
0.2×
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.

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division's outsized position by total assets

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division vs every filed plan by assets

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

$19,025,780 Top 23% higher than 77% 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

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division is a small filing (97 participants) on this national headcount ladder.

DOL schedule card

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

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division · $19M · 97 · 77th

  • RANK $19M
  • RANK 97
  • RANK 77th
  • RANK 401(k)
  • RANK near Atlanta Beverage Company 401(k) Profit Sharing Plan
  • RANK ind #13856

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 →

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division in the asset neighbourhood

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel DivisionStandard Steel, LLC Thrift P…$19MAtlanta Beverage Company 401(k) Profit Sharing PlanAtlanta Beverage Company 401…$19MMclean Mortgage Corp. 401(k) PlanMclean Mortgage Corp. 401(k)…$19MNational Fire Protection Association 403(b) DC PlanNational Fire Protection Ass…$19MHouse Hasson Hardware Co. , Inc. Employees Investment Profit Sharing PlanHouse Hasson Hardware Co. , …$19M
End-of-year total assets ($M) among Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$5M
Employer EIN320020058
Plan Effective Date1989-04-01
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.

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division, Total assets ($B): 0.01902578 · Participants: 97Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel DivisionComcast 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
Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Atlanta Beverage Company 401(k) Profit Sharing Plan in GA ($19M); by covered participants it is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 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 Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division assets move in 2022?
Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division declined sharply - down 20.2% during 2022, from $24M to $19M. 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 Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division rank by assets among Form 5500 filers?
Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division ranks in the 77th 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 Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division?
Among 401(k) plans in other states, the closest by assets is Atlanta Beverage Company 401(k) Profit Sharing Plan in GA ($19M, 243 participants).
Which 401(k) plans cover a similar participant headcount to Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division?
Among 401(k) plans in other states, the closest by covered participants is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants, N/A in assets).