Defined Benefit (Pension) · DOL Form 5500 · 2022

Gerdau Ameristeel US Inc. Pension Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
76
Participants Small participant base
85th
Percentile by assets National rank
$486,208
Avg per participant High balance/head
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Official DOL plan name: Gerdau Ameristeel US Pension Plan for Union Employees · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$37M in assets, 76 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US Pension Plan for Union Employees reported $37M in total assets and 76 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,223 in Manufacturing (20,602 peers)

Where Gerdau Ameristeel US Pension Plan for Union Employees sits by assets

Gerdau Ameristeel US Pension Plan for Union Employees sits in the top quartile of all filed plans by assets, $37M for 76 participants (~$486,208/participant), up 5.2% in 2022.

#16,223
in Manufacturing (20,602 peers)
+5.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Gerdau Ameristeel US Pension Plan for Union Employees's outsized position by total assets

Gerdau Ameristeel US Pension Plan for Union Employees vs every filed plan by assets

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

$36,951,804 Top 15% higher than 85% 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 Pension Plan for Union Employees among smaller 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 Pension Plan for Union Employees is a small filing (76 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 590792436 · Gerdau Ameristeel US Inc. PY 2022 · Defined Benefit (Pension)

Gerdau Ameristeel US Pension Plan for Union Employees · $37M · 76 · 85th

  • EOY $37M
  • 5500 76
  • ASSETS 85th
  • PCT Defined Benefit (Pension)
  • EIN near Teamsters Local 237 Welfare Fund Pension Plan
  • RANK ind #16223

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 Pension Plan for Union Employees in the asset neighbourhood

Noland Health Services Retirement Income PlanNoland Health Services Retir…$37MGerdau Ameristeel US Pension Plan for Union EmployeesGerdau Ameristeel US Pension…$37MTeamsters Local 237 Welfare Fund Pension PlanTeamsters Local 237 Welfare …$37MI.B.E.W. Local No. 106 Pension PlanI.B.E.W. Local No. 106 Pensi…$37MCatholic Financial Life Pension PlanCatholic Financial Life Pens…$37M
End-of-year total assets ($M) among Gerdau Ameristeel US Pension Plan for Union Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN590792436
Plan Effective Date2004-11-01
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 Defined Benefit (Pension) Plans in Florida

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Gerdau Ameristeel US Pension Plan for Union Employees vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -202468 Total assets ($B) Participants Gerdau Ameristeel US Pension Plan for Union Employees, Total assets ($B): 0.036951804 · Participants: 76Gerdau Ameristeel US Pension Plan for Union EmployeesL3harris Aviation Products Pension Plan, Total assets ($B): 6.623750939 · Participants: 10L3harris Aviation Products Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 4.827563863 · Participants: 13210Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.20978 · Participants: 2728Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc LLP, Total assets ($B): 1.852268551 · Participants: 5861Retirement Benefit Accumulation Plan for Employees of Pwc LLPPricewaterhousecoopers LLP Retirement Accumulation Plan for Partners, Total assets ($B): 1.789426694 · Participants: 3819Pricewaterhousecoopers LLP Retirement Accumulation Plan for Partners
Gerdau Ameristeel US Pension Plan for Union Employees vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US Pension Plan for Union Employees side-by-side with 3 peers →

Gerdau Ameristeel US Pension Plan for Union Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Teamsters Local 237 Welfare Fund Pension Plan in NY ($37M); by covered participants it is The Defined Benefit Pension Plan of United Way of Greater Richmond & Petersburg and Affili in VA (76 participants). Same-state nearby plans are listed separately above.

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 Pension Plan for Union Employees assets move in 2022? ▼
Gerdau Ameristeel US Pension Plan for Union Employees grew at a solid clip - up 5.2% during 2022, from $35M to $37M. Reported net income was $2M.
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 Pension Plan for Union Employees rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US Pension Plan for Union Employees ranks in the 85th 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 Defined Benefit (Pension) plans are similar in size to Gerdau Ameristeel US Pension Plan for Union Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Local 237 Welfare Fund Pension Plan in NY ($37M, 93 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Gerdau Ameristeel US Pension Plan for Union Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Defined Benefit Pension Plan of United Way of Greater Richmond & Petersburg and Affili in VA (76 participants, N/A 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.