401(k) · DOL Form 5500 · 2022

Majestic Steel USA, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
435
Participants Below avg headcount
84th
Percentile by assets National rank
$75,176
Avg per participant Below avg balance/head
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Official DOL plan name: Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Majestic Steel USA, Inc. · Ohio · Manufacturing

$33M in assets, 435 participants

Majestic Steel USA, Inc.'s Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust reported $33M in total assets and 435 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,832 in Manufacturing (20,602 peers)

Where Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust sits by assets

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust sits in the top quartile of all filed plans by assets, $33M for 435 participants (~$75,176/participant), down 6.3% in 2022.

#15,832
in Manufacturing (20,602 peers)
-6.3%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$32,701,708 Top 16% higher than 84% 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

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust 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. Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (435 participants).

EBSA filing schedule strip

Filing strip 341289145 · Majestic Steel USA, Inc. PY 2022 · 401(k)

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust · $33M · 435 · 84th

  • TYPE $33M
  • TYPE 435
  • TYPE 84th
  • TYPE 401(k)
  • TYPE near Perfectvision Manufacturing, Inc. Retirement Plan
  • TYPE ind #15832

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 Ohio →

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & TrustMajestic Steel USA, Inc. 401…$33MPerfectvision Manufacturing, Inc. Retirement PlanPerfectvision Manufacturing,…$33MSciencelogic Inc. 401(k) Plan$33MOne Water Marine Holdings, LLC 401(k) PlanOne Water Marine Holdings, L…$33MKansas City Royals Baseball Club, LLC 401(k) PlanKansas City Royals Baseball …$33M
End-of-year total assets ($M) among Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$33M
Net Income-$2M
Employer EIN341289145
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Majestic Steel USA, Inc.)

Sponsor-wide plan assets over time

All Majestic Steel USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$46M 39.98142543502621% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $32.7M $45.8M ▲ +40.0%
Year Plans Participants Total Assets
2022 1 435 $33M
2023 1 443 $40M
2024 1 387 $46M

Nearby 401(k) Plans in Ohio

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

Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.032701708 · Participants: 435Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & TrustThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Perfectvision Manufacturing, Inc. Retirement Plan in AR ($33M); by covered participants it is Flat Rock Metal Inc 401(k) Retirement Savings Plan in MI (435 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (435 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 Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2022? ▼
Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 6.3% during 2022, from $35M to $33M. Reported net income was -$2M.
How have Majestic Steel USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Majestic Steel USA, Inc.'s sponsor-wide assets grew 40.0%, from $33M to $46M.
Where does Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust ranks in the 84th 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 Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Perfectvision Manufacturing, Inc. Retirement Plan in AR ($33M, 263 participants).
Which 401(k) plans cover a similar participant headcount to Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Flat Rock Metal Inc 401(k) Retirement Savings Plan in MI (435 participants, $26M 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 341289145.

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.