401(k)
2022 plan-year 401(k) DOL Form 5500

Schnitzer Steel Industries, Inc. Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Schnitzer Steel Industries, Inc. · Oregon · Manufacturing

What the 2023 filing shows

Schnitzer Steel Industries, Inc. Retirement Plan holds $156M for 2,692 participants — about $57,812 per participant, down 12.1% over the 2022 plan year.

$156M
total plan assets (2022 EOY)
2,692
covered participants
$57,812
avg assets per participant
-12.1%
assets change YoY

The plan reported a net loss of $21M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$156M
Participants
2,692
State
Industry
Manufacturing

What the Filing Says About Schnitzer Steel Industries, Inc. Retirement Plan

Schnitzer Steel Industries, Inc. Retirement Plan is a 401(k) retirement plan sponsored by Schnitzer Steel Industries, Inc., headquartered in Oregon. As of the 2022 Form 5500 filing, the plan reports $156M in total end-of-year assets and covers 2,692 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 930341923, and the plan has been effective since 2006-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $177M at the beginning of 2022 to $156M at year-end — a decline of 12.1%. Net assets (after liabilities) closed the year at $156M, with reported net income of $-21,418,736 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$177M
Total Assets (End of Year)$156M
Net Assets (End of Year)$156M
Net Income$-21,418,736
Plan Type401(k)
Employer EIN930341923
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schnitzer Steel Industries, Inc.)

Year Plans Participants Total Assets
2022 2 2,733 $170M
2023 2 2,917 $194M
2024 1 2,615 $189M

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Frequently Asked Questions

How much money is in the Schnitzer Steel Industries, Inc. Retirement Plan?
As of the 2022 Form 5500 filing, Schnitzer Steel Industries, Inc. Retirement Plan holds $156M in total assets with 2,692 participants. It is sponsored by Schnitzer Steel Industries, Inc..
What type of plan is Schnitzer Steel Industries, Inc. Retirement Plan?
Schnitzer Steel Industries, Inc. Retirement Plan is a 401(k) plan. It has been effective since 2006-07-01. The plan is filed with the U.S. Department of Labor under EIN 930341923.
Who sponsors the Schnitzer Steel Industries, Inc. Retirement Plan?
Schnitzer Steel Industries, Inc. Retirement Plan is sponsored by Schnitzer Steel Industries, Inc., located in Oregon. The sponsor's EIN is 930341923 and the plan operates in the Manufacturing industry.
How did Schnitzer Steel Industries, Inc. Retirement Plan perform in 2022?
Schnitzer Steel Industries, Inc. Retirement Plan declined by 12.1% during 2022, moving from $177M to $156M in total assets. Net income was $-21,418,736.
Where can I find official filings for Schnitzer Steel Industries, Inc. Retirement Plan?
Official Form 5500 filings for Schnitzer Steel Industries, Inc. Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 930341923 or plan name at efast.dol.gov.
How does Schnitzer Steel Industries, Inc. Retirement Plan compare to other plans?
You can compare Schnitzer Steel Industries, Inc. Retirement Plan against other 401(k) plans on the plan type page, or view plans in Oregon on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 930341923.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.