401(k) · DOL Form 5500 · 2022

Specialty Steel Works Incorporated 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
430
Participants Below avg headcount
76th
Percentile by assets National rank
$43,560
Avg per participant Low balance/head
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Official DOL plan name: Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan · Sponsored by Specialty Steel Works Incorporated · Indiana · Manufacturing

$19M in assets, 430 participants

Specialty Steel Works Incorporated's Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan reported $19M in total assets and 430 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,784 in Manufacturing (20,602 peers)

Where Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan sits by assets

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $19M for 430 participants (~$43,560/participant), down 21.2% in 2022.

#13,784
in Manufacturing (20,602 peers)
-21.2%
assets change YoY
0.2×
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.

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan's outsized position by total assets

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan vs every filed plan by assets

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

$18,730,789 Top 24% higher than 76% 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

Specialty Steel Works Incorporated Union 401(k) Retirement Savings 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. Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan sits mid-pack in the medium band (430 participants).

Published 5500 schedule card

Filing strip 264430641 · Specialty Steel Works Incorporated PY 2022 · 401(k)

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan · $19M · 430 · 76th

  • EIN $19M
  • RANK 430
  • PHOTO 76th
  • IND 401(k)
  • EOY near Jewish Federation of Spbc, Inc. 401(k) Plan
  • 5500 ind #13784

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 →

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan in the asset neighbourhood

Specialty Steel Works Incorporated Union 401(k) Retirement Savings PlanSpecialty Steel Works Incorp…$19MJewish Federation of Spbc, Inc. 401(k) PlanJewish Federation of Spbc, I…$19MSt Engineering Hackney 401(k) Ret PlanSt Engineering Hackney 401(k…$19MExpel, Inc. 401(k) Plan$19MHme, Inc. 401(k) Plan$19M
End-of-year total assets ($M) among Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$5M
Employer EIN264430641
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Specialty Steel Works Incorporated)

Sponsor-wide plan assets over time

All Specialty Steel Works Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$76M 28.21416815424313% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $59.6M $76.4M ▲ +28.2%
Year Plans Participants Total Assets
2022 2 646 $60M
2023 2 649 $69M
2024 2 638 $76M

Nearby 401(k) Plans in Indiana

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

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan, Total assets ($B): 0.018730789 · Participants: 430Specialty Steel Works Incorporated Union 401(k) Retirement Savings PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan side-by-side with 3 peers →

Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Jewish Federation of Spbc, Inc. 401(k) Plan in FL ($19M); by covered participants it is Glencoe Regional Health Services 401(k) Retirement Plan in MN (430 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (430 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 Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan assets move in 2022? ▼
Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan declined sharply - down 21.2% during 2022, from $24M to $19M. Reported net income was -$5M.
How have Specialty Steel Works Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Specialty Steel Works Incorporated's sponsor-wide assets grew 28.2%, from $60M to $76M.
Where does Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jewish Federation of Spbc, Inc. 401(k) Plan in FL ($19M, 690 participants).
Which 401(k) plans cover a similar participant headcount to Specialty Steel Works Incorporated Union 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Glencoe Regional Health Services 401(k) Retirement Plan in MN (430 participants, $50M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 264430641.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.