ESOP · DOL Form 5500 · 2022

Steel Encounters, Inc. ESOP

Data updated 2026-08-25

$23M
Total assets Small plan by assets
13
Participants Small participant base
79th
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Steel Encounters, Inc. Employee Stock Ownership Plan · Sponsored by Steel Encounters, Inc. · Utah · Wholesale Trade

$23M in assets, 13 participants

Steel Encounters, Inc.'s Steel Encounters, Inc. Employee Stock Ownership Plan reported $23M in total assets and 13 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #5,349 in Wholesale Trade (6,843 peers)

Where Steel Encounters, Inc. Employee Stock Ownership Plan sits by assets

Steel Encounters, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $23M for 13 participants (~$1.8M/participant), up 0.8% in 2022.

#5,349
in Wholesale Trade (6,843 peers)
+0.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Steel Encounters, Inc. Employee Stock Ownership Plan's outsized position by total assets

Steel Encounters, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$23,258,566 Top 21% higher than 79% 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

Steel Encounters, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steel Encounters, Inc. Employee Stock Ownership Plan is a small filing (13 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 870426368 · Steel Encounters, Inc. PY 2022 · ESOP

Steel Encounters, Inc. Employee Stock Ownership Plan · $23M · 13 · 79th

  • NET $23M
  • NET 13
  • NET 79th
  • NET ESOP
  • NET near Leevers Supermarkets, Inc. Employee Stock Ownership Plan
  • NET ind #5349

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 What is an ESOP? → · Plans in Utah →

Steel Encounters, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Engineering Consulting Svcs, Ltd Employee Stock Ownership PlanEngineering Consulting Svcs,…$23MNorcross Supply Co Employee Stock Ownership PlanNorcross Supply Co Employee …$23MLeevers Supermarkets, Inc. Employee Stock Ownership PlanLeevers Supermarkets, Inc. E…$23MSteel Encounters, Inc. Employee Stock Ownership PlanSteel Encounters, Inc. Emplo…$23MPeninsula Insurance Bureau Employee Stock Ownership PlanPeninsula Insurance Bureau E…$23M
End-of-year total assets ($M) among Steel Encounters, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$21M
Net Income-$2M
Employer EIN870426368
Plan Effective Date2005-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steel Encounters, Inc.)

Sponsor-wide plan assets over time

All Steel Encounters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 21.32379446531317% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.9M $40M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 245 $33M
2023 2 453 $39M
2024 2 452 $40M

Nearby ESOP Plans in Utah

Peer ESOP plans, same state, same plan type, ranked by total assets.

Steel Encounters, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. -2000200400600800 020406080100120 Total assets ($M) Participants Steel Encounters, Inc. Employee Stock Ownership Plan, Total assets ($M): 23.258566 · Participants: 13Steel Encounters, Inc. Employee Stock Ownership PlanFj Management Inc. Employee Stock Ownership Plan, Total assets ($M): 100.217205 · Participants: 33Fj Management Inc. Employee Stock Ownership PlanJacobsen Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 97.600451 · Participants: 492Jacobsen Construction Company, Inc. Employee Stock Ownership PlanRocky Mountain Atv, Inc. Employee Stock Ownership Plan, Total assets ($M): 78.504943 · Participants: 473Rocky Mountain Atv, Inc. Employee Stock Ownership PlanWhitaker Construction Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 60.628689 · Participants: 650Whitaker Construction Co., Inc. Employee Stock Ownership PlanCentral Milling Employee Stock Ownership Plan and Trust, Total assets ($M): 32.233096 · Participants: 108Central Milling Employee Stock Ownership Plan and Trust
Steel Encounters, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants
Compare Steel Encounters, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Steel Encounters, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Utah, the nearest ESOP by assets is Leevers Supermarkets, Inc. Employee Stock Ownership Plan in CO ($23M); by covered participants it is Mid-States Glass and Metals, Inc. Employee Stock Ownership Plan in IL (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Steel Encounters, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Steel Encounters, Inc. Employee Stock Ownership Plan held essentially flat - up 0.8% during 2022, from $23M to $23M. Reported net income was -$2M.
How have Steel Encounters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steel Encounters, Inc.'s sponsor-wide assets grew 21.3%, from $33M to $40M.
Where does Steel Encounters, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Steel Encounters, Inc. Employee Stock Ownership Plan ranks in the 79th 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 ESOP plans are similar in size to Steel Encounters, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Leevers Supermarkets, Inc. Employee Stock Ownership Plan in CO ($23M, 361 participants).
Which ESOP plans cover a similar participant headcount to Steel Encounters, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mid-States Glass and Metals, Inc. Employee Stock Ownership Plan in IL (13 participants, $2M 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 870426368.

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.