Defined Benefit (Pension) · DOL Form 5500 · 2022

Gerdau Ameristeel US Inc. Pension Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
588
Participants Below avg headcount
94th
Percentile by assets National rank
$244,946
Avg per participant Above avg balance/head
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Official DOL plan name: Gerdau Ameristeel US Retirement Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$144M in assets, 588 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US Retirement Plan reported $144M in total assets and 588 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #18,828 in Manufacturing (20,602 peers)

Where Gerdau Ameristeel US Retirement Plan sits by assets

Gerdau Ameristeel US Retirement Plan sits in the top 10% of all filed plans by assets, $144M for 588 participants (~$244,946/participant), down 7.0% in 2022.

#18,828
in Manufacturing (20,602 peers)
-7.0%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gerdau Ameristeel US Retirement Plan's outsized position by total assets

Gerdau Ameristeel US Retirement Plan vs every filed plan by assets

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

$144,028,222 Top 6% higher than 94% 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 Retirement Plan 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. Gerdau Ameristeel US Retirement Plan sits mid-pack in the medium band (588 participants).

Published 5500 schedule card

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

Gerdau Ameristeel US Retirement Plan · $144M · 588 · 94th

  • BOY $144M
  • SCH 588
  • EBSA 94th
  • PART Defined Benefit (Pension)
  • TYPE near St. Luke's Health System Basic Pension Plan
  • NET ind #18828

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 Retirement Plan in the asset neighbourhood

Skadden Arps Slate Meagher & Flom Cash Balance PlanSkadden Arps Slate Meagher &…$144MSt. Luke's Health System Basic Pension PlanSt. Luke's Health System Bas…$144MGerdau Ameristeel US Retirement PlanGerdau Ameristeel US Retirem…$144MPension Fund of Wardrobe Attendants Union Local 764Pension Fund of Wardrobe Att…$144MPlan for Retirement Allowances for Represented EmployeesPlan for Retirement Allowanc…$144M
End-of-year total assets ($M) among Gerdau Ameristeel US Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$155M
Net Assets (End of Year)$144M
Net Income-$11M
Employer EIN590792436
Plan Effective Date1968-04-01
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 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -202468 Total assets ($B) Participants Gerdau Ameristeel US Retirement Plan, Total assets ($B): 0.144028222 · Participants: 588Gerdau Ameristeel US Retirement PlanL3harris 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 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US Retirement Plan side-by-side with 3 peers →

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

Outside Florida, the nearest Defined Benefit (Pension) by assets is St. Luke's Health System Basic Pension Plan in ID ($144M); by covered participants it is Retirement Plan of Murphy Oil Corporation in TX (588 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (588 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 Gerdau Ameristeel US Retirement Plan assets move in 2022? ▼
Gerdau Ameristeel US Retirement Plan pulled back noticeably - down 7.0% during 2022, from $155M to $144M. Reported net income was -$11M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US Retirement Plan ranks in the 94th 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 Defined Benefit (Pension) plans are similar in size to Gerdau Ameristeel US Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is St. Luke's Health System Basic Pension Plan in ID ($144M, 268 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Gerdau Ameristeel US Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan of Murphy Oil Corporation in TX (588 participants, $345M 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.