Defined Benefit (Pension) · DOL Form 5500 · 2023

Sandmeyer Steel Company Pension Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
105
Participants Small participant base
76th
Percentile by assets National rank
$237,307
Avg per participant Above avg balance/head
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Official DOL plan name: Sandmeyer Steel Company Employees' Pension Plan · Sponsored by Sandmeyer Steel Company · Pennsylvania · Manufacturing

$25M in assets, 105 participants

Sandmeyer Steel Company's Sandmeyer Steel Company Employees' Pension Plan reported $25M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,609 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Sandmeyer Steel Company Employees' Pension Plan covers 105 participants in Pennsylvania, about 13% of the average Pennsylvania filer (state average ~822 per filing). Assets: $25M.

#12,609
in Manufacturing (18,722 peers)
+18.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sandmeyer Steel Company Employees' Pension Plan's outsized position by total assets

Sandmeyer Steel Company Employees' Pension Plan vs every filed plan by assets

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

$24,917,230 Top 24% higher than 76% 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

Sandmeyer Steel Company Employees' Pension 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. Sandmeyer Steel Company Employees' Pension Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sandmeyer Steel Company Employees' Pension Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sandmeyer Steel Company Employees' Pension Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Sandmeyer Steel Company Employees' Pension Plan reported participants rose from 102 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 231527381 · Sandmeyer Steel Company PY 2023 · Defined Benefit (Pension)

Sandmeyer Steel Company Employees' Pension Plan · $25M · 105 · 76th

  • PCT $25M
  • EIN 105
  • RANK 76th
  • PHOTO Defined Benefit (Pension)
  • IND near Allied Industries Pension Plan
  • EOY ind #12609

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 →

Sandmeyer Steel Company Employees' Pension Plan in the asset neighbourhood

Sandmeyer Steel Company Employees' Pension PlanSandmeyer Steel Company Empl…$25MAllied Industries Pension PlanAllied Industries Pension Pl…$25MPension Plan of El Al Israel Airlines, Ltd.Pension Plan of El Al Israel…$25MRoofers Local No. 88 Pension FundRoofers Local No. 88 Pension…$25MKennedy Valve Factory Employees Pension PlanKennedy Valve Factory Employ…$25M
End-of-year total assets ($M) among Sandmeyer Steel Company Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN231527381
Plan Effective Date1969-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sandmeyer Steel Company)

Sponsor-wide plan assets over time

All Sandmeyer Steel Company plans reported in each filing year

Latest sponsor-wide plan assets
$56M 24.97884792005774% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $44.8M $56M ▲ +25.0%
Year Plans Participants Total Assets
2022 2 202 $45M
2023 2 192 $51M
2024 2 185 $56M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sandmeyer Steel Company Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sandmeyer Steel Company Employees' Pension Plan, Total assets ($B): 0.02491723 · Participants: 105Sandmeyer Steel Company Employees' Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Sandmeyer Steel Company Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Sandmeyer Steel Company Employees' Pension Plan side-by-side with 3 peers →

Sandmeyer Steel Company Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Allied Industries Pension Plan in NY ($25M); by covered participants it is First Technology Credit Union Employees' Pension Plan in OR (105 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Sandmeyer Steel Company Employees' Pension Plan assets move in 2023? ▼
Sandmeyer Steel Company Employees' Pension Plan grew sharply - up 18.3% during 2023, from $21M to $25M. Reported net income was $4M.
How have Sandmeyer Steel Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sandmeyer Steel Company's sponsor-wide assets grew 25.0%, from $45M to $56M.
Where does Sandmeyer Steel Company Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Sandmeyer Steel Company Employees' Pension Plan ranks in the 76th 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 Defined Benefit (Pension) plans are similar in size to Sandmeyer Steel Company Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Allied Industries Pension Plan in NY ($25M, 68 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sandmeyer Steel Company Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is First Technology Credit Union Employees' Pension Plan in OR (105 participants, $53M 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 231527381.

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.