401(k) · DOL Form 5500 · 2023

Rommesmo Companies 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
745
Participants Near avg headcount
86th
Percentile by assets National rank
$69,135
Avg per participant Below avg balance/head
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Official DOL plan name: The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan · Sponsored by Rommesmo Companies · North Dakota · Manufacturing

$52M in assets, 745 participants

Rommesmo Companies's The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan reported $52M in total assets and 745 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,886 in Manufacturing (18,722 peers)

Where The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits by assets

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $52M for 745 participants (~$69,135/participant), up 23.6% in 2023.

#14,886
in Manufacturing (18,722 peers)
+23.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan's outsized position by total assets

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs every filed plan by assets

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

$51,505,882 Top 14% higher than 86% 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

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan 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. The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits mid-pack in the medium band (745 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan reported net income rose from -$12M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan end-of-year assets rose from $42M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan reported participants rose from 618 in the plan year 2022 filing to 745 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 113664772 · Rommesmo Companies PY 2023 · 401(k)

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan · $52M · 745 · 86th

  • 5500 $52M
  • ASSETS 745
  • PCT 86th
  • EIN 401(k)
  • RANK near Tepper Sports & Entertainment 401(k) Plan
  • PHOTO ind #14886

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 North Dakota →

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan in the asset neighbourhood

The Truenorth Steel and Affiliates 401(k) Profit Sharing PlanThe Truenorth Steel and Affi…$52MTepper Sports & Entertainment 401(k) PlanTepper Sports & Entertainmen…$52MNational Fish & Wildlife Tax Deferred Retirement PlanNational Fish & Wildlife Tax…$52MKinsale Management, Inc. 401(k) PlanKinsale Management, Inc. 401…$51MMag Mutual Insurance Company 401(k) PlanMag Mutual Insurance Company…$51M
End-of-year total assets ($M) among The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$52M
Net Income$10M
Employer EIN113664772
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rommesmo Companies)

Sponsor-wide plan assets over time

All Rommesmo Companies plans reported in each filing year

Latest sponsor-wide plan assets
$58M 38.02178317977707% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.7M $57.5M ▲ +38.0%
Year Plans Participants Total Assets
2022 1 618 $42M
2023 1 745 $52M
2024 1 750 $58M

Nearby 401(k) Plans in North Dakota

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

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan, Total assets ($B): 0.051505882 · Participants: 745The Truenorth Steel and Affiliates 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 3.110361496 · Participants: 30495Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.829880488 · Participants: 8551Mdu Resources Group, Inc. 401(k) Retirement PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.7412361 · Participants: 5269Knife River Corporation 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.521170291 · Participants: 3853Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.512524705 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing Plan
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Tepper Sports & Entertainment 401(k) Plan in NC ($52M); by covered participants it is Buckeye Corrugated, Inc. 401(k) Plan and Trust in OH (745 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (745 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 The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan assets move in 2023? ▼
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan grew sharply - up 23.6% during 2023, from $42M to $52M. Reported net income was $10M.
How have Rommesmo Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rommesmo Companies's sponsor-wide assets grew 38.0%, from $42M to $58M.
Where does The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tepper Sports & Entertainment 401(k) Plan in NC ($52M, 401 participants).
Which 401(k) plans cover a similar participant headcount to The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Buckeye Corrugated, Inc. 401(k) Plan and Trust in OH (745 participants, $49M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 113664772.

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.