401(k) · DOL Form 5500 · 2022

Gerdau Ameristeel US Inc. 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
200
Participants Below avg headcount
88th
Percentile by assets National rank
$260,790
Avg per participant Above avg balance/head
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Official DOL plan name: Gerdau Ameristeel US Savings Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$52M in assets, 200 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US Savings Plan reported $52M in total assets and 200 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #17,049 in Manufacturing (20,602 peers)

Coverage in Florida

Gerdau Ameristeel US Savings Plan covers 200 participants in Florida, about 32% of the average Florida filer (state average ~628 per filing). Assets: $52M.

#17,049
in Manufacturing (20,602 peers)
-27.9%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gerdau Ameristeel US Savings Plan's outsized position by total assets

Gerdau Ameristeel US Savings Plan vs every filed plan by assets

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

$52,158,072 Top 12% higher than 88% 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 Savings 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. Gerdau Ameristeel US Savings Plan sits mid-pack in the medium band (200 participants).

Form 5500 schedule snapshot

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

Gerdau Ameristeel US Savings Plan · $52M · 200 · 88th

  • EOY $52M
  • EOY 200
  • EOY 88th
  • EOY 401(k)
  • EOY near Margaret a. Cargill Philanthropic Services, LLC 401(k)
  • EOY ind #17049

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 Savings Plan in the asset neighbourhood

Buckingham, Doolittle & Burroughs, LLC 401(k) Profit Sharing Plan and TrustBuckingham, Doolittle & Burr…$52MGerdau Ameristeel US Savings PlanGerdau Ameristeel US Savings…$52MMargaret a. Cargill Philanthropic Services, LLC 401(k)Margaret a. Cargill Philanth…$52MFirst Home Mortgage Corporation 401(k) PlanFirst Home Mortgage Corporat…$52MGoldentree Asset Management Retirement PlanGoldentree Asset Management …$52M
End-of-year total assets ($M) among Gerdau Ameristeel US Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$52M
Net Income-$20M
Employer EIN590792436
Plan Effective Date1968-04-01
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 Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Gerdau Ameristeel US Savings Plan, Total assets ($B): 0.052158072 · Participants: 200Gerdau Ameristeel US Savings 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 Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US Savings Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Margaret a. Cargill Philanthropic Services, LLC 401(k) in MN ($52M); by covered participants it is D & D Gear, Inc. 401(k) Profit Sharing Plan in CA (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (200 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 Savings Plan assets move in 2022? ▼
Gerdau Ameristeel US Savings Plan declined sharply - down 27.9% during 2022, from $72M to $52M. Reported net income was -$20M.
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 Savings Plan rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US Savings Plan ranks in the 88th 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 Gerdau Ameristeel US Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Margaret a. Cargill Philanthropic Services, LLC 401(k) in MN ($52M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Gerdau Ameristeel US Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is D & D Gear, Inc. 401(k) Profit Sharing Plan in CA (200 participants, $22M 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.