401(k) · DOL Form 5500 · 2022

Joseph T. Ryerson & Son, Inc. 401(k) Plan

Data updated 2026-08-11

$397M
Total assets
2,518
Participants
97th
Percentile by assets
$157,745
Avg per participant
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Official DOL plan name: Ryerson Savings Plan · Sponsored by Joseph T. Ryerson & Son, Inc. · Illinois · Manufacturing

$397M in assets, 2,518 participants

Joseph T. Ryerson & Son, Inc.'s Ryerson Savings Plan reported $397M in total assets and 2,518 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,742 in Manufacturing (20,602 peers)

Coverage in Illinois

Ryerson Savings Plan covers 2,518 participants in Illinois, 3.2x the typical Illinois plan (state average ~779 per filing). Assets: $397M.

$397M
total plan assets (2022 EOY)
2,518
covered participants
97th
percentile by assets (of 139,126 plans)
$157,745
avg assets per participant

The plan reported a net loss of $105M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Ryerson Savings Plan reports 2,518 participants - 3.2x that state average ($397M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$503M
Net Assets (End of Year)$397M
Net Income-$105M
Employer EIN361717960
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joseph T. Ryerson & Son, Inc.)

$600M$620M$640M$660M$680M$700M 202220232024 $622M $687M ▲ +10.5%
Total plan assets by year, all Joseph T. Ryerson & Son, Inc. plans on file
Year Plans Participants Total Assets
2022 3 3,340 $622M
2023 3 3,326 $655M
2024 3 3,494 $687M

Nearby 401(k) Plans in Illinois

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

Ryerson Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Ryerson Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Ryerson Savings PlanState Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Ryerson Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Ryerson Savings Plan assets move in 2022?
Ryerson Savings Plan declined sharply - down 21.0% during 2022, from $503M to $397M. Reported net income was -$105M.
How have Joseph T. Ryerson & Son, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Joseph T. Ryerson & Son, Inc.'s sponsor-wide assets grew 10.4%, from $622M to $687M.
Where does Ryerson Savings Plan rank by assets among Form 5500 filers?
Ryerson Savings Plan ranks in the 97th 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 Ryerson Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fairway Mortgage Corp. Savings & Investment Plan in WI ($397M, 10,256 participants).

Filing takeaways

Ways to act on Ryerson Savings Plan's numbers.