401(k) · DOL Form 5500 · 2022

Steel Equipment Specialists, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
157
Participants Small participant base
81st
Percentile by assets National rank
$162,726
Avg per participant Above avg balance/head
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Official DOL plan name: Steel Equipment Specialists, LLC 401(k) Plan · Sponsored by Steel Equipment Specialists, LLC · Ohio · Manufacturing

$26M in assets, 157 participants

Steel Equipment Specialists, LLC's Steel Equipment Specialists, LLC 401(k) Plan reported $26M in total assets and 157 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #14,988 in Manufacturing (20,602 peers)

Coverage in Ohio

Steel Equipment Specialists, LLC 401(k) Plan covers 157 participants in Ohio, about 21% of the average Ohio filer (state average ~765 per filing). Assets: $26M.

#14,988
in Manufacturing (20,602 peers)
-18.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Steel Equipment Specialists, LLC 401(k) Plan's outsized position by total assets

Steel Equipment Specialists, LLC 401(k) Plan vs every filed plan by assets

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

$25,547,917 Top 19% higher than 81% 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

Steel Equipment Specialists, 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. Steel Equipment Specialists, LLC 401(k) Plan sits mid-pack in the medium band (157 participants).

Form 5500 schedule snapshot

Filing strip 341909310 · Steel Equipment Specialists, LLC PY 2022 · 401(k)

Steel Equipment Specialists, LLC 401(k) Plan · $26M · 157 · 81st

  • BOY $26M
  • BOY 157
  • BOY 81st
  • BOY 401(k)
  • BOY near Lenze Americas Corporation 401(k) Profit Sharing Plan
  • BOY ind #14988

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 Ohio →

Steel Equipment Specialists, LLC 401(k) Plan in the asset neighbourhood

Steel Equipment Specialists, LLC 401(k) PlanSteel Equipment Specialists,…$26MLenze Americas Corporation 401(k) Profit Sharing PlanLenze Americas Corporation 4…$26MOak Valley Community Bank 401(k) Profit Sharing PlanOak Valley Community Bank 40…$26MIbaset, Inc. Savings Plan$26MAxh Air-Coolers 401(k) Retirement PlanAxh Air-Coolers 401(k) Retir…$26M
End-of-year total assets ($M) among Steel Equipment Specialists, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$26M
Net Income-$6M
Employer EIN341909310
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steel Equipment Specialists, LLC)

Sponsor-wide plan assets over time

All Steel Equipment Specialists, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 35.798746332235226% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $25.6M $34.7M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 157 $26M
2023 1 171 $30M
2024 1 184 $35M

Nearby 401(k) Plans in Ohio

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

Steel Equipment Specialists, LLC 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Steel Equipment Specialists, LLC 401(k) Plan, Total assets ($B): 0.025547917 · Participants: 157Steel Equipment Specialists, LLC 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Steel Equipment Specialists, LLC 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Steel Equipment Specialists, LLC 401(k) Plan side-by-side with 3 peers →

Steel Equipment Specialists, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Lenze Americas Corporation 401(k) Profit Sharing Plan in MA ($26M); by covered participants it is We Transport Inc. Salaried 401(k) Plan in NY (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Steel Equipment Specialists, LLC 401(k) Plan assets move in 2022? ▼
Steel Equipment Specialists, LLC 401(k) Plan declined sharply - down 18.6% during 2022, from $31M to $26M. Reported net income was -$6M.
How have Steel Equipment Specialists, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steel Equipment Specialists, LLC's sponsor-wide assets grew 35.8%, from $26M to $35M.
Where does Steel Equipment Specialists, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Steel Equipment Specialists, LLC 401(k) Plan ranks in the 81st 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 Steel Equipment Specialists, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lenze Americas Corporation 401(k) Profit Sharing Plan in MA ($26M, 269 participants).
Which 401(k) plans cover a similar participant headcount to Steel Equipment Specialists, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is We Transport Inc. Salaried 401(k) Plan in NY (157 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341909310.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.