401(k) · DOL Form 5500 · 2022

Steinway Musical Instruments, Inc. 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
170
Participants Small participant base
85th
Percentile by assets National rank
$212,341
Avg per participant Above avg balance/head
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Official DOL plan name: Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries · Sponsored by Steinway Musical Instruments, Inc. · New York · Manufacturing

$36M in assets, 170 participants

Steinway Musical Instruments, Inc.'s Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries reported $36M in total assets and 170 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,147 in Manufacturing (20,602 peers)

Coverage in New York

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries covers 170 participants in New York, about 21% of the average New York filer (state average ~798 per filing). Assets: $36M.

#16,147
in Manufacturing (20,602 peers)
-21.0%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries's outsized position by total assets

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries vs every filed plan by assets

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

$36,097,899 Top 15% higher than 85% 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

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries 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. Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries sits mid-pack in the medium band (170 participants).

Published 5500 schedule card

Filing strip 351910745 · Steinway Musical Instruments, Inc. PY 2022 · 401(k)

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries · $36M · 170 · 85th

  • 5500 $36M
  • 5500 170
  • 5500 85th
  • 5500 401(k)
  • 5500 near Weigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and Trust
  • 5500 ind #16147

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 Manufacturing retirement plans → · Plans in New York →

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries in the asset neighbourhood

Ferguson Electric Company Inc. Prevailing Wage/401(k) PlanFerguson Electric Company In…$36MSavings Plan for Employees of Steinway Musical Instruments, Inc. and SubsidiariesSavings Plan for Employees o…$36MWeigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and TrustWeigel Broadcasting Co. Empl…$36MKeville Enterprises, Inc. 401(k) Profit Sharing PlanKeville Enterprises, Inc. 40…$36MAmerican College of Emergency Physicians 401(k) Ps PlanAmerican College of Emergenc…$36M
End-of-year total assets ($M) among Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$36M
Net Income-$10M
Employer EIN351910745
Plan Effective Date1985-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steinway Musical Instruments, Inc.)

Sponsor-wide plan assets over time

All Steinway Musical Instruments, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$109M 17.05514524795127% vs 2022
2024 filing year
$90M$95M$100M$105M$110M$115M 202220232024 $92.8M $109M ▲ +17.1%
Year Plans Participants Total Assets
2022 2 266 $93M
2023 2 283 $108M
2024 2 261 $109M

Nearby 401(k) Plans in New York

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

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries, Total assets ($B): 0.036097899 · Participants: 170Savings Plan for Employees of Steinway Musical Instruments, Inc. and SubsidiariesIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries vs. nearby 401(k) plans in New York, assets vs. participants
Compare Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries side-by-side with 3 peers →

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Weigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and Trust in IL ($36M); by covered participants it is Baker Boyer Bancorp 401(k) Profit Sharing Plan & Trust in WA (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 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 Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries assets move in 2022? ▼
Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries declined sharply - down 21.0% during 2022, from $46M to $36M. Reported net income was -$10M.
How have Steinway Musical Instruments, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steinway Musical Instruments, Inc.'s sponsor-wide assets grew 17.1%, from $93M to $109M.
Where does Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries rank by assets among Form 5500 filers? ▼
Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries ranks in the 85th 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 401(k) plans are similar in size to Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries? ▼
Among 401(k) plans in other states, the closest by assets is Weigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and Trust in IL ($36M, 461 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries? ▼
Among 401(k) plans in other states, the closest by covered participants is Baker Boyer Bancorp 401(k) Profit Sharing Plan & Trust in WA (170 participants, $60M 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 351910745.

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.