401(k) · DOL Form 5500 · 2022

Canam Steel Corporation 401(k) Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
952
Participants Near avg headcount
90th
Percentile by assets National rank
$70,699
Avg per participant Below avg balance/head
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Official DOL plan name: Canam 401(k) Plan · Sponsored by Canam Steel Corporation · Maryland · Manufacturing

$67M in assets, 952 participants

Canam Steel Corporation's Canam 401(k) Plan reported $67M in total assets and 952 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,627 in Manufacturing (20,602 peers)

Where Canam 401(k) Plan sits by assets

Canam 401(k) Plan sits in the top 10% of all filed plans by assets, $67M for 952 participants (~$70,699/participant), down 7.4% in 2022.

#17,627
in Manufacturing (20,602 peers)
-7.4%
assets change YoY
0.7×
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.

Canam 401(k) Plan's outsized position by total assets

Canam 401(k) Plan vs every filed plan by assets

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

$67,305,549 Top 10% higher than 90% 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

Canam 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. Canam 401(k) Plan sits mid-pack in the medium band (952 participants).

Published 5500 schedule card

Filing strip 520998510 · Canam Steel Corporation PY 2022 · 401(k)

Canam 401(k) Plan · $67M · 952 · 90th

  • 5500 $67M
  • ASSETS 952
  • PCT 90th
  • EIN 401(k)
  • RANK near National Student Clearinghouse 401(k) Retirement Plan
  • PHOTO ind #17627

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 Maryland →

Canam 401(k) Plan in the asset neighbourhood

The Emergency Care Consultants Retirement Plan and TrustThe Emergency Care Consultan…$67MDennis Group 401(k) Profit Sharing PlanDennis Group 401(k) Profit S…$67MNational Student Clearinghouse 401(k) Retirement PlanNational Student Clearinghou…$67MCanam 401(k) Plan$67MPenn Mutual Agents 401(k) PlanPenn Mutual Agents 401(k) Pl…$67M
End-of-year total assets ($M) among Canam 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)$73M
Net Assets (End of Year)$67M
Net Income-$5M
Employer EIN520998510
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canam Steel Corporation)

Sponsor-wide plan assets over time

All Canam Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$95M 41.25472626335757% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $67.3M $95.1M ▲ +41.2%
Year Plans Participants Total Assets
2022 1 952 $67M
2023 1 1,125 $83M
2024 1 1,113 $95M

Nearby 401(k) Plans in Maryland

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

Canam 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Canam 401(k) Plan, Total assets ($B): 0.067305549 · Participants: 952Canam 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Canam 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Canam 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is National Student Clearinghouse 401(k) Retirement Plan in VA ($67M); by covered participants it is Hma Group Holdings, LLC 401(k) Plan in IA (952 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (952 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 Canam 401(k) Plan assets move in 2022? ▼
Canam 401(k) Plan pulled back noticeably - down 7.4% during 2022, from $73M to $67M. Reported net income was -$5M.
How have Canam Steel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canam Steel Corporation's sponsor-wide assets grew 41.3%, from $67M to $95M.
Where does Canam 401(k) Plan rank by assets among Form 5500 filers? ▼
Canam 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Canam 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Student Clearinghouse 401(k) Retirement Plan in VA ($67M, 397 participants).
Which 401(k) plans cover a similar participant headcount to Canam 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hma Group Holdings, LLC 401(k) Plan in IA (952 participants, $176M in assets).