401(k) · DOL Form 5500 · 2022

North American Stainless 401(k) Plan

Data updated 2026-08-11

$237M
Total assets
1,478
Participants
96th
Percentile by assets
$160,154
Avg per participant
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Official DOL plan name: North American Stainless Savings Plan · Sponsored by North American Stainless · Kentucky · Manufacturing

$237M in assets, 1,478 participants

North American Stainless's North American Stainless Savings Plan reported $237M in total assets and 1,478 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,339 in Manufacturing (20,602 peers)

Coverage in Kentucky

North American Stainless Savings Plan covers 1,478 participants in Kentucky, 2.3x the typical Kentucky plan (state average ~647 per filing). Assets: $237M.

$237M
total plan assets (2022 EOY)
1,478
covered participants
96th
percentile by assets (of 139,126 plans)
$160,154
avg assets per participant

The plan reported a net loss of $41M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. North American Stainless Savings Plan reports 1,478 participants - 2.3x that state average ($237M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$278M
Net Assets (End of Year)$237M
Net Income-$41M
Employer EIN611283966
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North American Stainless)

$200M$250M$300M$350M 202220232024 $237M $335M ▲ +41.4%
Total plan assets by year, all North American Stainless plans on file
Year Plans Participants Total Assets
2022 1 1,478 $237M
2023 1 1,505 $286M
2024 1 1,581 $335M

Nearby 401(k) Plans in Kentucky

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

North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants North American Stain…Humana Retirement Sa…Commonspirit Health …UPS/Ipa 401 (K) Savi…Lexmark Savings PlanKindred 401 (K) Plan
North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to North American Stainless Savings Plan by total assets, not by location.

Frequently Asked Questions

How did North American Stainless Savings Plan assets move in 2022?
North American Stainless Savings Plan pulled back noticeably - down 14.7% during 2022, from $278M to $237M. Reported net income was -$41M.
How have North American Stainless plan assets changed over time?
Across 3 plan years on file (2022-2024), North American Stainless's sponsor-wide assets grew 41.4%, from $237M to $335M.
Where does North American Stainless Savings Plan rank by assets among Form 5500 filers?
North American Stainless Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to North American Stainless Savings Plan?
Among 401(k) plans in other states, the closest by assets is Axient 401(k) Plan in AL ($237M, 1,110 participants).

Next read for North American Stainless Savings Plan

Filing takeaways

Ways to act on North American Stainless Savings Plan's numbers.

  • By total assets, North American Stainless Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Kentucky. Compare plans
  • North American Stainless's sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Manufacturing plans