Defined Benefit (Pension) · DOL Form 5500 · 2022
Gerdau Ameristeel US Inc. Pension Plan
Data updated 2026-08-11
- $144M
- Total assets
- 588
- Participants
- 94th
- Percentile by assets
- $244,946
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $144M
- total plan assets (2022 EOY)
- 588
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $244,946
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Gerdau Ameristeel US Retirement Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $155M |
|---|---|
| Net Assets (End of Year) | $144M |
| Net Income | -$11M |
| Employer EIN | 590792436 |
| Plan Effective Date | 1968-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gerdau Ameristeel US Inc.)
| 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
- L3harris Aviation Products Pension Plan $6.6B · 10
- Nextera Energy, Inc. Employee Pension Plan $4.8B · 13,210
- Csx Pension Plan $2.2B · 2,728
- Retirement Benefit Accumulation Plan for Employees of Pwc LLP $1.9B · 5,861
- Pricewaterhousecoopers LLP Retirement Accumulation Plan for Partners $1.8B · 3,819
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Gerdau Ameristeel US Retirement Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Gerdau Ameristeel US Retirement Plan
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Ways to act on Gerdau Ameristeel US Retirement Plan's numbers.
- By total assets, Gerdau Ameristeel US Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
- Gerdau Ameristeel US Inc.'s sponsor-wide assets have grown 3.6% since 2022 across 3 plan years on file. More Manufacturing plans