401(k) · DOL Form 5500 · 2022

Veritas Steel 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
82
Participants Small participant base
60th
Percentile by assets National rank
$95,442
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Veritas Steel 401(k) Retirement Savings Plan · Sponsored by Veritas Steel · Illinois · Manufacturing

$8M in assets, 82 participants

Veritas Steel's Veritas Steel 401(k) Retirement Savings Plan reported $8M in total assets and 82 participants in its 2022 DOL Form 5500 filing, ranking in the 60th 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.

  • #9,442 in Manufacturing (20,602 peers)

Veritas Steel multi-year trail

Veritas Steel's plans moved +44.2% in assets from 2022 to 2024; this filing shows Veritas Steel 401(k) Retirement Savings Plan at $8M / 82 participants.

#9,442
in Manufacturing (20,602 peers)
-18.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Veritas Steel 401(k) Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

Veritas Steel 401(k) Retirement Savings Plan vs every filed plan by assets

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

$7,826,258 Top 40% higher than 60% 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

Veritas Steel 401(k) Retirement Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Veritas Steel 401(k) Retirement Savings Plan is a small filing (82 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 463778002 · Veritas Steel PY 2022 · 401(k)

Veritas Steel 401(k) Retirement Savings Plan · $8M · 82 · 60th

  • RANK $8M
  • PHOTO 82
  • IND 60th
  • EOY 401(k)
  • 5500 near Dina 401(k) Plan
  • ASSETS ind #9442

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 Illinois →

Veritas Steel 401(k) Retirement Savings Plan in the asset neighbourhood

Veritas Steel 401(k) Retirement Savings PlanVeritas Steel 401(k) Retirem…$8MDina 401(k) Plan$8MTodaytix, Inc. Retirement TrustTodaytix, Inc. Retirement Tr…$8MHomecare Software Solutions, LLC 401(k) Profit Sharing PlanHomecare Software Solutions,…$8MArtisans, Inc. 401(k) Profit Sharing Plan and TrustArtisans, Inc. 401(k) Profit…$8M
End-of-year total assets ($M) among Veritas Steel 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Veritas Steel multi-year asset trail

Sponsor-wide plan assets over time

All Veritas Steel plans reported in each filing year

Latest sponsor-wide plan assets
$11M 44.198287355208585% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.83M $11.3M ▲ +44.2%
Year Plans Participants Total Assets
2022 1 82 $8M
2023 1 80 $10M
2024 1 104 $11M

Veritas Steel filing trail (2022)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN463778002
Plan Effective Date2002-03-14
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Veritas Steel 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Veritas Steel 401(k) Retirement Savings Plan, Total assets ($B): 0.007826258 · Participants: 82Veritas Steel 401(k) Retirement Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Veritas Steel 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Veritas Steel 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Dina 401(k) Plan in GA ($8M); by covered participants it is Electrical Production Services, Inc. 401(k) Plan in MN (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Veritas Steel 401(k) Retirement Savings Plan assets move in 2022?
Veritas Steel 401(k) Retirement Savings Plan declined sharply - down 18.6% during 2022, from $10M to $8M. Reported net income was -$2M.
How have Veritas Steel plan assets changed over time?
Across 3 plan years on file (2022-2024), Veritas Steel's sponsor-wide assets grew 44.2%, from $8M to $11M.
Which 401(k) plans are similar in size to Veritas Steel 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Dina 401(k) Plan in GA ($8M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Veritas Steel 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Electrical Production Services, Inc. 401(k) Plan in MN (82 participants, $5M in assets).