401(k) · DOL Form 5500 · 2023

Olympic Steel, Inc., an Ohio Corporation 401(k) Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
1,210
Participants Near avg headcount
90th
Percentile by assets National rank
$72,495
Avg per participant Below avg balance/head
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Official DOL plan name: Olympic Steel, Inc. Employees' 401(k) Retirement Plan · Sponsored by Olympic Steel, Inc., an Ohio Corporation · Ohio · Manufacturing

$88M in assets, 1,210 participants

Olympic Steel, Inc., an Ohio Corporation's Olympic Steel, Inc. Employees' 401(k) Retirement Plan reported $88M in total assets and 1,210 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #16,026 in Manufacturing (18,722 peers)

Where Olympic Steel, Inc. Employees' 401(k) Retirement Plan sits by assets

Olympic Steel, Inc. Employees' 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $88M for 1,210 participants (~$72,495/participant), up 18.3% in 2023.

#16,026
in Manufacturing (18,722 peers)
+18.3%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Olympic Steel, Inc. Employees' 401(k) Retirement Plan's outsized position by total assets

Olympic Steel, Inc. Employees' 401(k) Retirement Plan vs every filed plan by assets

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

$87,719,419 Top 10% higher than 90% 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

Olympic Steel, Inc. Employees' 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Olympic Steel, Inc. Employees' 401(k) Retirement Plan lands in the large band (1,210 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Olympic Steel, Inc. Employees' 401(k) Retirement Plan reported net income rose from -$22M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Olympic Steel, Inc. Employees' 401(k) Retirement Plan reported participants rose from 1,010 in the plan year 2022 filing to 1,210 in the plan year 2023 filing.
  • Olympic Steel, Inc. Employees' 401(k) Retirement Plan end-of-year assets rose from $74M in the plan year 2022 filing to $88M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 341245650 · Olympic Steel, Inc., an Ohio Corporation PY 2023 · 401(k)

Olympic Steel, Inc. Employees' 401(k) Retirement Plan · $88M · 1,210 · 90th

  • EIN $88M
  • EIN 1,210
  • EIN 90th
  • EIN 401(k)
  • EIN near Conway Regional Medical Center Retirement Income Plan
  • EIN ind #16026

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 Ohio →

Olympic Steel, Inc. Employees' 401(k) Retirement Plan in the asset neighbourhood

Sp Holdings, Inc. 401(k) Plan$88MIrwin Seating Company Profit Sharing PlanIrwin Seating Company Profit…$88MOlympic Steel, Inc. Employees' 401(k) Retirement PlanOlympic Steel, Inc. Employee…$88MConway Regional Medical Center Retirement Income PlanConway Regional Medical Cent…$88MDegenkolb Engineers Profit Sharing and 401(k) PlanDegenkolb Engineers Profit S…$88M
End-of-year total assets ($M) among Olympic Steel, Inc. Employees' 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$88M
Net Income$14M
Employer EIN341245650
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Olympic Steel, Inc., an Ohio Corporation)

Sponsor-wide plan assets over time

All Olympic Steel, Inc., an Ohio Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$96M 29.021765215276364% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $74.1M $95.6M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 1,010 $74M
2023 1 1,210 $88M
2024 1 1,191 $96M

Nearby 401(k) Plans in Ohio

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

Olympic Steel, Inc. Employees' 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Olympic Steel, Inc. Employees' 401(k) Retirement Plan, Total assets ($B): 0.087719419 · Participants: 1210Olympic Steel, Inc. Employees' 401(k) Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Olympic Steel, Inc. Employees' 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Olympic Steel, Inc. Employees' 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Conway Regional Medical Center Retirement Income Plan in AR ($88M); by covered participants it is Consor Engineers 401(k) Plan in CO (1,210 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,210 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 Olympic Steel, Inc. Employees' 401(k) Retirement Plan assets move in 2023? ▼
Olympic Steel, Inc. Employees' 401(k) Retirement Plan grew sharply - up 18.3% during 2023, from $74M to $88M. Reported net income was $14M.
How have Olympic Steel, Inc., an Ohio Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Olympic Steel, Inc., an Ohio Corporation's sponsor-wide assets grew 29.0%, from $74M to $96M.
Where does Olympic Steel, Inc. Employees' 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Olympic Steel, Inc. Employees' 401(k) Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Olympic Steel, Inc. Employees' 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Conway Regional Medical Center Retirement Income Plan in AR ($88M, 1,339 participants).
Which 401(k) plans cover a similar participant headcount to Olympic Steel, Inc. Employees' 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Consor Engineers 401(k) Plan in CO (1,210 participants, $172M 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 341245650.

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.