401(k) · DOL Form 5500 · 2022

Rommesmo Companies 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
618
Participants Below avg headcount
86th
Percentile by assets National rank
$67,420
Avg per participant Below avg balance/head
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Official DOL plan name: The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan · Sponsored by Rommesmo Companies · North Dakota · Manufacturing

$42M in assets, 618 participants

Rommesmo Companies's The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan reported $42M in total assets and 618 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #16,516 in Manufacturing (20,602 peers)

Where The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits by assets

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $42M for 618 participants (~$67,420/participant), down 22.3% in 2022.

#16,516
in Manufacturing (20,602 peers)
-22.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan's outsized position by total assets

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs every filed plan by assets

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

$41,665,726 Top 14% higher than 86% 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

The Truenorth Steel and Affiliates 401(k) Profit Sharing 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. The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits mid-pack in the medium band (618 participants).

Plan-year Form 5500 strip

Filing strip 113664772 · Rommesmo Companies PY 2022 · 401(k)

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan · $42M · 618 · 86th

  • VS-ST $42M
  • VS-ST 618
  • VS-ST 86th
  • VS-ST 401(k)
  • VS-ST near Premere Rehab, LLC 401(k) Plan
  • VS-ST ind #16516

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 North Dakota →

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan in the asset neighbourhood

The Truenorth Steel and Affiliates 401(k) Profit Sharing PlanThe Truenorth Steel and Affi…$42MPremere Rehab, LLC 401(k) PlanPremere Rehab, LLC 401(k) Pl…$42MH.S. Inc. 401(k) and Profit Sharing PlanH.S. Inc. 401(k) and Profit …$42MFinancialforce.Com Inc. 401(k) PlanFinancialforce.Com Inc. 401(…$42MPeddinghaus Corporation Salary Savings PlanPeddinghaus Corporation Sala…$42M
End-of-year total assets ($M) among The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$42M
Net Income-$12M
Employer EIN113664772
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rommesmo Companies)

Sponsor-wide plan assets over time

All Rommesmo Companies plans reported in each filing year

Latest sponsor-wide plan assets
$58M 38.02178317977707% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.7M $57.5M ▲ +38.0%
Year Plans Participants Total Assets
2022 1 618 $42M
2023 1 745 $52M
2024 1 750 $58M

Nearby 401(k) Plans in North Dakota

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

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan, Total assets ($B): 0.041665726 · Participants: 618The Truenorth Steel and Affiliates 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Premere Rehab, LLC 401(k) Plan in OR ($42M); by covered participants it is Sram LLC Retirement Savings Plan in IL (618 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (618 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 The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan assets move in 2022?
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan declined sharply - down 22.3% during 2022, from $54M to $42M. Reported net income was -$12M.
How have Rommesmo Companies plan assets changed over time?
Across 3 plan years on file (2022-2024), Rommesmo Companies's sponsor-wide assets grew 38.0%, from $42M to $58M.
Where does The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan ranks in the 86th 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 The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Premere Rehab, LLC 401(k) Plan in OR ($42M, 1,404 participants).
Which 401(k) plans cover a similar participant headcount to The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Sram LLC Retirement Savings Plan in IL (618 participants, $72M in assets).