401(k) · DOL Form 5500 · 2023

North American Stainless 401(k) Plan

Data updated 2026-08-11

$286M
Total assets
1,505
Participants
96th
Percentile by assets
$190,196
Avg per participant
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Official DOL plan name: North American Stainless Savings Plan · Sponsored by North American Stainless · Kentucky · Manufacturing

$286M in assets, 1,505 participants

North American Stainless's North American Stainless Savings Plan reported $286M in total assets and 1,505 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,522 in Manufacturing (18,722 peers)

Coverage in Kentucky

North American Stainless Savings Plan covers 1,505 participants in Kentucky, 2.3x the typical Kentucky plan (state average ~647 per filing). Assets: $286M.

$286M
total plan assets (2023 EOY)
1,505
covered participants
96th
percentile by assets (of 127,072 plans)
$190,196
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North American Stainless Savings Plan reported net income rose from -$41M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • North American Stainless Savings Plan end-of-year assets rose from $237M in the plan year 2022 filing to $286M in the plan year 2023 filing.
  • North American Stainless Savings Plan reported participants rose from 1,478 in the plan year 2022 filing to 1,505 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. North American Stainless Savings Plan reports 1,505 participants - 2.3x that state average ($286M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$237M
Net Assets (End of Year)$286M
Net Income$50M
Employer EIN611283966
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North American Stainless)

$200M$250M$300M$350M 202220232024 $237M $335M ▲ +41.4%
Total plan assets by year, all North American Stainless plans on file
Year Plans Participants Total Assets
2022 1 1,478 $237M
2023 1 1,505 $286M
2024 1 1,581 $335M

Nearby 401(k) Plans in Kentucky

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

North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants North American Stain…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to North American Stainless Savings Plan by total assets, not by location.

Frequently Asked Questions

How did North American Stainless Savings Plan assets move in 2023?
North American Stainless Savings Plan grew sharply - up 20.9% during 2023, from $237M to $286M. Reported net income was $50M.
How have North American Stainless plan assets changed over time?
Across 3 plan years on file (2022-2024), North American Stainless's sponsor-wide assets grew 41.4%, from $237M to $335M.
Where does North American Stainless Savings Plan rank by assets among Form 5500 filers?
North American Stainless Savings Plan ranks in the 96th 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 North American Stainless Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ppl Employee Savings Plan in PA ($286M, 689 participants).

Next read for North American Stainless Savings Plan

Filing takeaways

Ways to act on North American Stainless Savings Plan's numbers.

  • By total assets, North American Stainless Savings 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 Kentucky. Compare plans
  • North American Stainless's sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Manufacturing plans