401(k) · DOL Form 5500 · 2023

Ssab Enterprises LLC 401(k) Plan

Data updated 2026-08-11

$494M
Total assets
1,484
Participants
97th
Percentile by assets
$332,660
Avg per participant
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Official DOL plan name: Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan · Sponsored by Ssab Enterprises LLC · Alabama · Wholesale Trade

$494M in assets, 1,484 participants

Ssab Enterprises LLC's Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reported $494M in total assets and 1,484 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #6,205 in Wholesale Trade (6,309 peers)

Coverage in Alabama

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan covers 1,484 participants in Alabama, 4.1x the typical Alabama plan (state average ~360 per filing). Assets: $494M.

$494M
total plan assets (2023 EOY)
1,484
covered participants
97th
percentile by assets (of 127,072 plans)
$332,660
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reported net income rose from -$77M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan end-of-year assets rose from $418M in the plan year 2022 filing to $494M in the plan year 2023 filing.
  • Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reported participants rose from 1,415 in the plan year 2022 filing to 1,484 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Alabama
Industry
Wholesale Trade

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reports 1,484 participants - 4.1x that state average ($494M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$418M
Net Assets (End of Year)$494M
Net Income$76M
Employer EIN753248335
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ssab Enterprises LLC)

$400M$450M$500M$550M$600M 202220232024 $418M $541M ▲ +29.5%
Total plan assets by year, all Ssab Enterprises LLC plans on file
Year Plans Participants Total Assets
2022 1 1,415 $418M
2023 1 1,484 $494M
2024 1 1,531 $541M

Nearby 401(k) Plans in Alabama

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

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 0123 Total assets ($B) Participants Ssab Enterprises, LL…Regions Financial Co…Encompass Health Cor…Hexagon Employee Ret…Vulcan 401(k) PlanMercedes-Benz U.S. I…
Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Ssab Enterprises, LLC Retirement Savings… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan assets move in 2023? ▼
Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan grew sharply - up 18.1% during 2023, from $418M to $494M. Reported net income was $76M.
How have Ssab Enterprises LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ssab Enterprises LLC's sponsor-wide assets grew 29.5%, from $418M to $541M.
Where does Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Federal Signal Corporation Retirement Savings Plan in IL ($494M, 3,383 participants).

Next read for Ssab Enterprises, LLC Retirement Savings…

Filing takeaways

Ways to act on Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan's numbers.

  • By total assets, Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
  • Ssab Enterprises LLC's sponsor-wide assets have grown 29.5% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 753248335.

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.