401(k) · DOL Form 5500 · 2022
Steel Dynamics, Inc. 401(k) Plan
Data updated 2026-08-25
- $2.0B
- Total assets Very large vs avg
- 8,632
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $234,046
- Avg per participant Above avg balance/head
Official DOL plan name: Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan · Sponsored by Steel Dynamics, Inc. · Indiana · Manufacturing
$2.0B in assets, 8,632 participants
Steel Dynamics, Inc.'s Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan reported $2.0B in total assets and 8,632 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #20,386 in Manufacturing (20,602 peers)
Coverage in Indiana
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan covers 8,632 participants in Indiana, 16x the typical Indiana plan (state average ~541 per filing). Assets: $2.0B.
- #20,386
- in Manufacturing (20,602 peers)
- -0.9%
- assets change YoY
- 20×
- vs typical plan assets (national mean)
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan's outsized position by total assets
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,020,286,876 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan lands in the large band (8,632 participants).
DOL schedule card
Filing strip 351929476 · Steel Dynamics, Inc. PY 2022 · 401(k)
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan · $2.0B · 8,632 · 99th
- SCH $2.0B
- EBSA 8,632
- PART 99th
- TYPE 401(k)
- NET near Voya 401(k) Savings Plan
- BOOK ind #20386
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 Indiana →
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$17M |
| Employer EIN | 351929476 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Steel Dynamics, Inc.)
Sponsor-wide plan assets over time
All Steel Dynamics, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.0B 48.31735505467888% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,632 | $2.0B |
| 2023 | 1 | 9,015 | $2.6B |
| 2024 | 1 | 9,385 | $3.0B |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Elevance Health 401(k) Plan $9.5B · 71,898
- The Lilly Employee 401(k) Plan $8.9B · 15,607
- Cummins Retirement and Savings Plan $4.4B · 23,710
- Iu Health 401(k) Savings Plan $3.2B · 39,243
- Nisource Inc Retirement Savings Plan $1.5B · 7,561
Scale composition for Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan reports $2.0B in end-of-year assets across 8,632 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $234,046 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2022 was -$17M.
This plan identity (EIN 351929476, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $3.0B (+48.3%) while covered participants moved from 8,632 to 9,385 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,632 | $2.0B | This page |
| 2023 | 9,015 | $2.6B | Open filing |
| 2024 · index core | 9,385 | $3.0B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan (401(k), $3.0B, 9,385 participants)
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Voya 401(k) Savings Plan in GA ($2.0B); by covered participants it is Swbc Professional Employer Services 401(k) Plan in TX (8,631 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.0B here).
- Voya 401(k) Savings Plan (GA) $2.0B · 5,735
- Gordon Food Service, Inc. Profit Sharing Plan (MI) $2.0B · 12,710
- Highmark Investment Plan (PA) $2.0B · 15,045
- Gapshare 401(k) Plan (CA) $2.0B · 33,570
Similar participant headcount
Nearest other-state filings by covered participants (8,632 participants); asset peers above are excluded.
- Swbc Professional Employer Services 401(k) Plan (TX) 8,631 · 1 off
- Tailored Brands 401(k) Savings Plan (TX) 8,637 · 5 off
- Employee Savings Plan (IL) 8,626 · 6 off
- Crst Expedited Inc D/B/a Crst the Transportation Solution Inc Ps 401(k) Plan (IA) 8,624 · 8 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.