401(k) · DOL Form 5500 · 2022

Olympic Steel, Inc. 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
1,010
Participants Near avg headcount
91st
Percentile by assets National rank
$73,389
Avg per participant Below avg balance/head
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Official DOL plan name: Olympic Steel, Inc. Employees 401(k) Retirement Plan · Sponsored by Olympic Steel, Inc. · Ohio · Manufacturing

$74M in assets, 1,010 participants

Olympic Steel, Inc.'s Olympic Steel, Inc. Employees 401(k) Retirement Plan reported $74M in total assets and 1,010 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #17,796 in Manufacturing (20,602 peers)

Where Olympic Steel, Inc. Employees 401(k) Retirement Plan sits by assets

Olympic Steel, Inc. Employees 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $74M for 1,010 participants (~$73,389/participant), down 22.9% in 2022.

#17,796
in Manufacturing (20,602 peers)
-22.9%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Olympic Steel, Inc. Employees 401(k) Retirement Plan's outsized position by total assets

Olympic Steel, Inc. Employees 401(k) Retirement Plan vs every filed plan by assets

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

$74,122,676 Top 9% higher than 91% 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

Olympic Steel, Inc. Employees 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. Olympic Steel, Inc. Employees 401(k) Retirement Plan lands in the large band (1,010 participants).

Published 5500 schedule card

Filing strip 341245650 · Olympic Steel, Inc. PY 2022 · 401(k)

Olympic Steel, Inc. Employees 401(k) Retirement Plan · $74M · 1,010 · 91st

  • 5500 $74M
  • 5500 1,010
  • 5500 91st
  • 5500 401(k)
  • 5500 near Xcel Hr 401(k) Plan
  • 5500 ind #17796

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 →

Olympic Steel, Inc. Employees 401(k) Retirement Plan in the asset neighbourhood

Xcel Hr 401(k) Plan$74MThe Gvec Flexible Compensation PlanThe Gvec Flexible Compensati…$74MExecustaff Hr, Inc. Multiple Employer PlanExecustaff Hr, Inc. Multiple…$74MOlympic Steel, Inc. Employees 401(k) Retirement PlanOlympic Steel, Inc. Employee…$74MDavid Volkert & Associates, Inc. 401(k) Retirement Savings PlanDavid Volkert & Associates, …$74M
End-of-year total assets ($M) among Olympic Steel, Inc. Employees 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$74M
Net Income-$22M
Employer EIN341245650
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Olympic Steel, Inc.)

Sponsor-wide plan assets over time

All Olympic Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$96M 29.021765215276364% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $74.1M $95.6M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 1,010 $74M
2023 1 1,210 $88M
2024 1 1,191 $96M

Nearby 401(k) Plans in Ohio

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

Olympic Steel, Inc. Employees 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Olympic Steel, Inc. Employees 401(k) Retirement Plan, Total assets ($B): 0.074122676 · Participants: 1010Olympic Steel, Inc. Employees 401(k) Retirement PlanThe 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
Olympic Steel, Inc. Employees 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Olympic Steel, Inc. Employees 401(k) Retirement Plan side-by-side with 3 peers →

Olympic Steel, Inc. Employees 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Xcel Hr 401(k) Plan in MD ($74M); by covered participants it is Linebarger Goggan Blair & Sampson and Its Affiliates Retirement Plan in TX (1,010 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($74M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,010 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 Olympic Steel, Inc. Employees 401(k) Retirement Plan assets move in 2022? ▼
Olympic Steel, Inc. Employees 401(k) Retirement Plan declined sharply - down 22.9% during 2022, from $96M to $74M. Reported net income was -$22M.
How have Olympic Steel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Olympic Steel, Inc.'s sponsor-wide assets grew 29.0%, from $74M to $96M.
Where does Olympic Steel, Inc. Employees 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Olympic Steel, Inc. Employees 401(k) Retirement Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Olympic Steel, Inc. Employees 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Xcel Hr 401(k) Plan in MD ($74M, 1,921 participants).
Which 401(k) plans cover a similar participant headcount to Olympic Steel, Inc. Employees 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Linebarger Goggan Blair & Sampson and Its Affiliates Retirement Plan in TX (1,010 participants, $91M 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 341245650.

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.