401(k) · DOL Form 5500 · 2022
Steel Services Ltd 401(k) Plan
Data updated 2026-08-11
- $232M
- Total assets
- 1,991
- Participants
- 96th
- Percentile by assets
- $116,738
- Avg per participant
Official DOL plan name: Steel Partners 401(k) Savings Plan · Sponsored by Steel Services Ltd · New York · Manufacturing
$232M in assets, 1,991 participants
Steel Services Ltd's Steel Partners 401(k) Savings Plan reported $232M in total assets and 1,991 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #19,323 in Manufacturing (20,602 peers)
Coverage in New York
Steel Partners 401(k) Savings Plan covers 1,991 participants in New York, 2.5x the typical New York plan (state average ~798 per filing). Assets: $232M.
- $232M
- total plan assets (2022 EOY)
- 1,991
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $116,738
- avg assets per participant
The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Steel Partners 401(k) Savings Plan reports 1,991 participants - 2.5x that state average ($232M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $288M |
|---|---|
| Net Assets (End of Year) | $232M |
| Net Income | -$55M |
| Employer EIN | 453811142 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Steel Services Ltd)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,991 | $232M |
| 2023 | 1 | 2,682 | $264M |
| 2024 | 1 | 3,137 | $287M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Steel Partners 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Steel Partners 401(k) Savings Plan by total assets, not by location.
- The Sparc Group LLC 401(k) Investment and Savings Plan (NJ) $232M · 4,691
- Proservice Hawaii 401(k) Plan (HI) $232M · 8,903
- The Smithgroup Retirement Accumulation Plan (MI) $232M · 1,210
- Biotronik/Micro Systems Engineering 401(k) Plan (OR) $232M · 1,220
Frequently Asked Questions
How did Steel Partners 401(k) Savings Plan assets move in 2022? ▼
How have Steel Services Ltd plan assets changed over time? ▼
Where does Steel Partners 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Steel Partners 401(k) Savings Plan? ▼
Next read for Steel Partners 401(k) Savings Plan
Filing takeaways
Ways to act on Steel Partners 401(k) Savings Plan's numbers.
- By total assets, Steel Partners 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Steel Services Ltd's sponsor-wide assets have grown 23.7% since 2022 across 3 plan years on file. More Manufacturing plans