401(k) · DOL Form 5500 · 2023

Midwest Steel, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
69
Participants Small participant base
61st
Percentile by assets National rank
$165,114
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Midwest Steel, Inc. 401(k) Plan · Sponsored by Midwest Steel, Inc. · Michigan · Construction

$11M in assets, 69 participants

Midwest Steel, Inc.'s Midwest Steel, Inc. 401(k) Plan reported $11M in total assets and 69 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #5,402 in Construction (9,030 peers)

Midwest Steel, Inc. multi-year trail

Midwest Steel, Inc.'s plans moved +29.5% in assets from 2022 to 2024; this filing shows Midwest Steel, Inc. 401(k) Plan at $11M / 69 participants.

#5,402
in Construction (9,030 peers)
+19.2%
assets growth YoY

Midwest Steel, Inc. 401(k) Plan's mid-pack asset rank among Construction and all filers

Midwest Steel, Inc. 401(k) Plan vs every filed plan by assets

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

$11,392,861 Top 39% higher than 61% 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

Midwest Steel, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Steel, Inc. 401(k) Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Steel, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Midwest Steel, Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Midwest Steel, Inc. 401(k) Plan reported participants rose from 67 in the plan year 2022 filing to 69 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 522351484 · Midwest Steel, Inc. PY 2023 · 401(k)

Midwest Steel, Inc. 401(k) Plan · $11M · 69 · 61st

  • EOY $11M
  • EOY 69
  • EOY 61st
  • EOY 401(k)
  • EOY near Flint Group 401(k) Plan
  • EOY ind #5402

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 Construction retirement plans → · Plans in Michigan →

Midwest Steel, Inc. 401(k) Plan in the asset neighbourhood

Midwest Steel, Inc. 401(k) PlanMidwest Steel, Inc. 401(k) P…$11MFlint Group 401(k) Plan$11MTrackhouse Entertainment Group, LLC 401(k) PlanTrackhouse Entertainment Gro…$11MChurch Health Center Employee Retirement PlanChurch Health Center Employe…$11MEriks Seals and Plastics, Inc. Retirement Saving PlanEriks Seals and Plastics, In…$11M
End-of-year total assets ($M) among Midwest Steel, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Midwest Steel, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Midwest Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 29.50437856909914% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $9.56M $12.4M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 67 $10M
2023 1 69 $11M
2024 1 70 $12M

Midwest Steel, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN522351484
Plan Effective Date2001-11-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Midwest Steel, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Midwest Steel, Inc. 401(k) Plan, Total assets ($B): 0.011392861 · Participants: 69Midwest Steel, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Midwest Steel, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Midwest Steel, Inc. 401(k) Plan side-by-side with 3 peers →

Midwest Steel, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Flint Group 401(k) Plan in MO ($11M); by covered participants it is Aquiline Management Holdings LP 401(k) Retirement Plan in NY (69 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (69 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 Midwest Steel, Inc. 401(k) Plan assets move in 2023? ▼
Midwest Steel, Inc. 401(k) Plan grew sharply - up 19.2% during 2023, from $10M to $11M. Reported net income was $2M.
How have Midwest Steel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Steel, Inc.'s sponsor-wide assets grew 29.5%, from $10M to $12M.
Which 401(k) plans are similar in size to Midwest Steel, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Flint Group 401(k) Plan in MO ($11M, 326 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Steel, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aquiline Management Holdings LP 401(k) Retirement Plan in NY (69 participants, $6M 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 522351484.

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.