401(k) · DOL Form 5500 · 2022
Sims Metal Management 401(k) Plan
Data updated 2026-08-11
- $144M
- Total assets
- 1,583
- Participants
- 94th
- Percentile by assets
- $90,815
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $144M
- total plan assets (2022 EOY)
- 1,583
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $90,815
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Sims Metal Management 401(k) Plan reports 1,583 participants - 2.0x that state average ($144M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $177M |
|---|---|
| Net Assets (End of Year) | $144M |
| Net Income | -$26M |
| Employer EIN | 203622384 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sims Metal Management)
| 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
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sims Metal Management 401(k) Plan by total assets, not by location.
- Staffmark/Ems 401(k) Savings Plan (OH) $144M · 100,926
- Lear Corporation Hourly Retirement Savings Plan (MI) $144M · 6,296
- Medpace Inc 401(k) Profit Sharing Plan and Trust (OH) $144M · 2,417
- Iap Worldwide Services Retirement Savings Plan (FL) $144M · 956
Frequently Asked Questions
How did Sims Metal Management 401(k) Plan assets move in 2022? ▼
How have Sims Metal Management plan assets changed over time? ▼
Where does Sims Metal Management 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sims Metal Management 401(k) Plan? ▼
Next read for Sims Metal Management 401(k) Plan
Filing takeaways
Ways to act on Sims Metal Management 401(k) Plan's numbers.
- By total assets, Sims Metal Management 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Sims Metal Management's sponsor-wide assets have grown 39.8% since 2022 across 3 plan years on file. More Wholesale Trade plans