401(k) · DOL Form 5500 · 2022

Sims Metal Management 401(k) Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
1,583
Participants Near avg headcount
94th
Percentile by assets National rank
$90,815
Avg per participant Below avg balance/head
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Official DOL plan name: Sims Metal Management 401(k) Plan · Sponsored by Sims Metal Management · Illinois · Wholesale Trade

$144M in assets, 1,583 participants

Sims Metal Management's Sims Metal Management 401(k) Plan reported $144M in total assets and 1,583 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #6,558 in Wholesale Trade (6,843 peers)

Coverage in Illinois

Sims Metal Management 401(k) Plan covers 1,583 participants in Illinois, 2.0x the typical Illinois plan (state average ~779 per filing). Assets: $144M.

#6,558
in Wholesale Trade (6,843 peers)
-18.6%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sims Metal Management 401(k) Plan's outsized position by total assets

Sims Metal Management 401(k) Plan vs every filed plan by assets

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

$143,759,691 Top 6% higher than 94% 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

Sims Metal Management 401(k) 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. Sims Metal Management 401(k) Plan lands in the large band (1,583 participants).

Form 5500 schedule snapshot

Filing strip 203622384 · Sims Metal Management PY 2022 · 401(k)

Sims Metal Management 401(k) Plan · $144M · 1,583 · 94th

  • VS-ST $144M
  • BOY 1,583
  • SCH 94th
  • EBSA 401(k)
  • PART near Staffmark/Ems 401(k) Savings Plan
  • TYPE ind #6558

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 Wholesale Trade retirement plans → · Plans in Illinois →

Sims Metal Management 401(k) Plan in the asset neighbourhood

Iap Worldwide Services Retirement Savings PlanIap Worldwide Services Retir…$144MLear Corporation Hourly Retirement Savings PlanLear Corporation Hourly Reti…$144MSims Metal Management 401(k) PlanSims Metal Management 401(k)…$144MStaffmark/Ems 401(k) Savings PlanStaffmark/Ems 401(k) Savings…$144MMedpace Inc 401(k) Profit Sharing Plan and TrustMedpace Inc 401(k) Profit Sh…$144M
End-of-year total assets ($M) among Sims Metal Management 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$144M
Net Income-$26M
Employer EIN203622384
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sims Metal Management)

Sponsor-wide plan assets over time

All Sims Metal Management plans reported in each filing year

Latest sponsor-wide plan assets
$201M 39.83593704301994% vs 2022
2024 filing year
$120M$140M$160M$180M$200M$220M 202220232024 $144M $201M ▲ +39.8%
Year Plans Participants Total Assets
2022 1 1,583 $144M
2023 1 1,725 $181M
2024 1 2,011 $201M

Nearby 401(k) Plans in Illinois

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

Sims Metal Management 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Sims Metal Management 401(k) Plan, Total assets ($B): 0.143759691 · Participants: 1583Sims Metal Management 401(k) 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
Sims Metal Management 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Sims Metal Management 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Staffmark/Ems 401(k) Savings Plan in OH ($144M); by covered participants it is Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan in NY (1,583 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($144M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,583 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 Sims Metal Management 401(k) Plan assets move in 2022? ▼
Sims Metal Management 401(k) Plan declined sharply - down 18.6% during 2022, from $177M to $144M. Reported net income was -$26M.
How have Sims Metal Management plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sims Metal Management's sponsor-wide assets grew 39.8%, from $144M to $201M.
Where does Sims Metal Management 401(k) Plan rank by assets among Form 5500 filers? ▼
Sims Metal Management 401(k) Plan ranks in the 94th 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 Sims Metal Management 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Staffmark/Ems 401(k) Savings Plan in OH ($144M, 100,926 participants).
Which 401(k) plans cover a similar participant headcount to Sims Metal Management 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan in NY (1,583 participants, $302M 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 203622384.

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.