401(k) · DOL Form 5500 · 2023

Standard Steel, LLC 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
101
Participants Small participant base
74th
Percentile by assets National rank
$209,837
Avg per participant Above avg balance/head
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Official DOL plan name: Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division · Sponsored by Standard Steel, LLC · Pennsylvania · Manufacturing

$21M in assets, 101 participants

Standard Steel, LLC's Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division reported $21M in total assets and 101 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,942 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division covers 101 participants in Pennsylvania, about 12% of the average Pennsylvania filer (state average ~822 per filing). Assets: $21M.

#11,942
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division's outsized position by total assets

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$21,193,526 Top 26% higher than 74% of 127,068 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 2023

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division sits mid-pack in the medium band (101 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division reported net income rose from -$5M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division reported participants rose from 97 in the plan year 2022 filing to 101 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 320020058 · Standard Steel, LLC PY 2023 · 401(k)

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division · $21M · 101 · 74th

  • BOY $21M
  • BOY 101
  • BOY 74th
  • BOY 401(k)
  • BOY near Gut, P.C. Profit Sharing Plan
  • BOY ind #11942

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 Pennsylvania →

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division in the asset neighbourhood

Gut, P.C. Profit Sharing Plan$21MStandard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel DivisionStandard Steel, LLC Thrift P…$21MCapin Crouse LLP Savings and Investment PlanCapin Crouse LLP Savings and…$21MMapco 401(k) Plan$21MPlasma Technology, Inc. 401(k) Profit Sharing PlanPlasma Technology, Inc. 401(…$21M
End-of-year total assets ($M) among Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN320020058
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Standard Steel, LLC)

Sponsor-wide plan assets over time

All Standard Steel, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$67M 25.009049434956566% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $53.9M $67.4M ▲ +25.0%
Year Plans Participants Total Assets
2022 2 611 $54M
2023 2 616 $62M
2024 2 615 $67M

Nearby 401(k) Plans in Pennsylvania

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

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division, Total assets ($B): 0.021193526 · Participants: 101Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel DivisionComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Gut, P.C. Profit Sharing Plan in AL ($21M); by covered participants it is Biocept, Inc. 401(k) Plan in NJ (101 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (101 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division assets move in 2023?
Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division grew at a solid clip - up 11.4% during 2023, from $19M to $21M. Reported net income was $2M.
How have Standard Steel, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Standard Steel, LLC's sponsor-wide assets grew 25.0%, from $54M to $67M.
Which 401(k) plans are similar in size to Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division?
Among 401(k) plans in other states, the closest by assets is Gut, P.C. Profit Sharing Plan in AL ($21M, 128 participants).
Which 401(k) plans cover a similar participant headcount to Standard Steel, LLC Thrift Plan for Salaried Employees of the Standard Steel Division?
Among 401(k) plans in other states, the closest by covered participants is Biocept, Inc. 401(k) Plan in NJ (101 participants, N/A in assets).