401(k) · DOL Form 5500 · 2022

Alro Steel Corporation 401(k) Plan

Data updated 2026-08-11

$408M
Total assets
2,885
Participants
98th
Percentile by assets
$141,382
Avg per participant
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Official DOL plan name: Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade

$408M in assets, 2,885 participants

Alro Steel Corporation's Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported $408M in total assets and 2,885 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)
  • #6,739 in Wholesale Trade (6,843 peers)

Coverage in Michigan

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan covers 2,885 participants in Michigan, 4.5x the typical Michigan plan (state average ~638 per filing). Assets: $408M.

$408M
total plan assets (2022 EOY)
2,885
covered participants
98th
percentile by assets (of 139,126 plans)
$141,382
avg assets per participant
State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reports 2,885 participants - 4.5x that state average ($408M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$407M
Net Assets (End of Year)$408M
Net Income$953K
Employer EIN381300597
Plan Effective Date1957-05-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Alro Steel Corporation)

$400M$450M$500M$550M$600M 202220232024 $443M $550M ▲ +24.2%
Total plan assets by year, all Alro Steel Corporation plans on file
Year Plans Participants Total Assets
2022 4 6,123 $443M
2023 4 6,204 $506M
2024 4 6,438 $550M

Nearby 401(k) Plans in Michigan

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

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Alro Steel Corporati…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan assets move in 2022?
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan held essentially flat - up 0.3% during 2022, from $407M to $408M. Reported net income was $953K.
How have Alro Steel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Alro Steel Corporation's sponsor-wide assets grew 24.2%, from $443M to $550M.
Where does Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan rank by assets among Form 5500 filers?
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Westfield Employee Retirement Savings Plan in OH ($408M, 2,438 participants).

Next read for Alro Steel Corporation and Subsidiaries …

Filing takeaways

Ways to act on Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan's numbers.

  • By total assets, Alro Steel Corporation and Subsidiaries Retirement/401(k) 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 Michigan. Compare plans
  • Alro Steel Corporation's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Wholesale Trade plans