401(k) · DOL Form 5500 · 2022
Gerdau Ameristeel US Inc. 401(k) Plan
Data updated 2026-08-11
- $579M
- Total assets
- 3,089
- Participants
- 98th
- Percentile by assets
- $187,545
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $579M
- total plan assets (2022 EOY)
- 3,089
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $187,545
- avg assets per participant
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.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Gerdau Ameristeel US 401(k) Retirement Plan reports 3,089 participants - 4.9x that state average ($579M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $715M |
|---|---|
| Net Assets (End of Year) | $579M |
| Net Income | -$136M |
| Employer EIN | 590792436 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gerdau Ameristeel US Inc.)
| 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
- L3harris Retirement Savings Plan $12.9B · 41,096
- Savings Plan for Employees and Partners of Pricewatercoopers LLP $9.1B · 50,354
- Adp Totalsource Retirement Savings Plan $6.7B · 287,453
- Publix Super Markets, Inc. 401(k) Smart Plan $6.1B · 176,752
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.4B · 14,889
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gerdau Ameristeel US 401(k) Retirement Plan by total assets, not by location.
- Patterson Companies, Inc. 401(k) Plan (MN) $579M · 6,336
- Bellin Health 401(k) Retirement Plan (WI) $579M · 4,696
- International Union of Operating Engineers Local 4 Annuity (MA) $579M · 6,666
- Federated Mutual Insurance Company 401(k) Plan (MN) $578M · 2,696
Frequently Asked Questions
How did Gerdau Ameristeel US 401(k) Retirement Plan assets move in 2022? ▼
How have Gerdau Ameristeel US Inc. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Gerdau Ameristeel US 401(k) Retirement Plan's numbers.
- By total assets, Gerdau Ameristeel US 401(k) Retirement 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 Florida. Compare plans
- Gerdau Ameristeel US Inc.'s sponsor-wide assets have grown 3.6% since 2022 across 3 plan years on file. More Manufacturing plans