401(k) · DOL Form 5500 · 2022

Steel Encounters, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
232
Participants Below avg headcount
64th
Percentile by assets National rank
$41,671
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Steel Encounters, Inc. Profit Sharing Plan · Sponsored by Steel Encounters, Inc. · Utah · Wholesale Trade

$10M in assets, 232 participants

Steel Encounters, Inc.'s Steel Encounters, Inc. Profit Sharing Plan reported $10M in total assets and 232 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #3,860 in Wholesale Trade (6,843 peers)

Coverage in Utah

Steel Encounters, Inc. Profit Sharing Plan covers 232 participants in Utah, about 39% of the average Utah filer (state average ~592 per filing). Assets: $10M.

#3,860
in Wholesale Trade (6,843 peers)
-21.0%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Steel Encounters, Inc. Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Steel Encounters, Inc. Profit Sharing Plan vs every filed plan by assets

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

$9,667,633 Top 36% higher than 64% 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. Profit Sharing 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. Steel Encounters, Inc. Profit Sharing Plan sits mid-pack in the medium band (232 participants).

EBSA filing schedule strip

Filing strip 870426368 · Steel Encounters, Inc. PY 2022 · 401(k)

Steel Encounters, Inc. Profit Sharing Plan · $10M · 232 · 64th

  • 5500 $10M
  • ASSETS 232
  • PCT 64th
  • EIN 401(k)
  • RANK near Wcco Belting, Inc. 401(k) Profit Sharing Plan & Trust
  • PHOTO ind #3860

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 Utah →

Steel Encounters, Inc. Profit Sharing Plan in the asset neighbourhood

Steel Encounters, Inc. Profit Sharing PlanSteel Encounters, Inc. Profi…$10MWcco Belting, Inc. 401(k) Profit Sharing Plan & TrustWcco Belting, Inc. 401(k) Pr…$10MCounty Bank 401(k) Employee Stock Ownership PlanCounty Bank 401(k) Employee …$10MAb&i 401(k) Profit Sharing PlanAb&i 401(k) Profit Sharing P…$10MPpfa Retirement Plan$10M
End-of-year total assets ($M) among Steel Encounters, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$10M
Net Income-$3M
Employer EIN870426368
Plan Effective Date1987-03-01
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 401(k) Plans in Utah

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

Steel Encounters, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Steel Encounters, Inc. Profit Sharing Plan, Total assets ($B): 0.009667633 · Participants: 232Steel Encounters, Inc. Profit Sharing PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Steel Encounters, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Steel Encounters, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Wcco Belting, Inc. 401(k) Profit Sharing Plan & Trust in ND ($10M); by covered participants it is Argo Data Resource Corporation 401(k) Plan in TX (232 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (232 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. Profit Sharing Plan assets move in 2022?
Steel Encounters, Inc. Profit Sharing Plan declined sharply - down 21.0% during 2022, from $12M to $10M. Reported net income was -$3M.
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.
Which 401(k) plans are similar in size to Steel Encounters, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Wcco Belting, Inc. 401(k) Profit Sharing Plan & Trust in ND ($10M, 280 participants).
Which 401(k) plans cover a similar participant headcount to Steel Encounters, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Argo Data Resource Corporation 401(k) Plan in TX (232 participants, $42M in assets).