401(k) · DOL Form 5500 · 2022

Gerdau Ameristeel US Inc. 401(k) Plan

Data updated 2026-08-25

$579M
Total assets Above avg plan size
3,089
Participants Above avg headcount
98th
Percentile by assets National rank
$187,545
Avg per participant Above avg balance/head
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Official DOL plan name: Gerdau Ameristeel US 401(k) Retirement Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$579M in assets, 3,089 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US 401(k) Retirement Plan reported $579M in total assets and 3,089 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,957 in Manufacturing (20,602 peers)

Coverage in Florida

Gerdau Ameristeel US 401(k) Retirement Plan covers 3,089 participants in Florida, 4.9x the typical Florida plan (state average ~628 per filing). Assets: $579M.

#19,957
in Manufacturing (20,602 peers)
-18.9%
assets change YoY
5.8×
vs typical plan assets (national mean)

The plan reported a net loss of $136M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gerdau Ameristeel US 401(k) Retirement Plan's outsized position by total assets

Gerdau Ameristeel US 401(k) Retirement Plan vs every filed plan by assets

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

$579,327,184 Top 2% higher than 98% 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

Gerdau Ameristeel US 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gerdau Ameristeel US 401(k) Retirement Plan lands in the large band (3,089 participants).

DOL schedule card

Filing strip 590792436 · Gerdau Ameristeel US Inc. PY 2022 · 401(k)

Gerdau Ameristeel US 401(k) Retirement Plan · $579M · 3,089 · 98th

  • RANK $579M
  • PHOTO 3,089
  • IND 98th
  • EOY 401(k)
  • 5500 near Patterson Companies, Inc. 401(k) Plan
  • ASSETS ind #19957

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 Florida →

Gerdau Ameristeel US 401(k) Retirement Plan in the asset neighbourhood

Bellin Health 401(k) Retirement PlanBellin Health 401(k) Retirem…$579MGerdau Ameristeel US 401(k) Retirement PlanGerdau Ameristeel US 401(k) …$579MPatterson Companies, Inc. 401(k) PlanPatterson Companies, Inc. 40…$579MInternational Union of Operating Engineers Local 4 AnnuityInternational Union of Opera…$579MFederated Mutual Insurance Company 401(k) PlanFederated Mutual Insurance C…$578M
End-of-year total assets ($M) among Gerdau Ameristeel US 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$715M
Net Assets (End of Year)$579M
Net Income-$136M
Employer EIN590792436
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gerdau Ameristeel US Inc.)

Sponsor-wide plan assets over time

All Gerdau Ameristeel US Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$842M 3.6293955758222785% vs 2022
2024 filing year
$760M$780M$800M$820M$840M$860M 202220232024 $812M $842M ▲ +3.6%
Year Plans Participants Total Assets
2022 4 3,953 $812M
2023 4 3,905 $780M
2024 3 3,547 $842M

Nearby 401(k) Plans in Florida

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

Gerdau Ameristeel US 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Gerdau Ameristeel US 401(k) Retirement Plan, Total assets ($B): 0.579327184 · Participants: 3089Gerdau Ameristeel US 401(k) Retirement PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Gerdau Ameristeel US 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US 401(k) Retirement Plan side-by-side with 3 peers →

Gerdau Ameristeel US 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Patterson Companies, Inc. 401(k) Plan in MN ($579M); by covered participants it is Profit Sharing Plan for Employees of Alliancebernstein L.P. in TN (3,089 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($579M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,089 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 Gerdau Ameristeel US 401(k) Retirement Plan assets move in 2022? ▼
Gerdau Ameristeel US 401(k) Retirement Plan declined sharply - down 18.9% during 2022, from $715M to $579M. Reported net income was -$136M.
How have Gerdau Ameristeel US Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gerdau Ameristeel US Inc.'s sponsor-wide assets grew 3.6%, from $812M to $842M.
Where does Gerdau Ameristeel US 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US 401(k) Retirement Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Gerdau Ameristeel US 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Patterson Companies, Inc. 401(k) Plan in MN ($579M, 6,336 participants).
Which 401(k) plans cover a similar participant headcount to Gerdau Ameristeel US 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Profit Sharing Plan for Employees of Alliancebernstein L.P. in TN (3,089 participants, $1.3B 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 590792436.

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.