401(k) · DOL Form 5500 · 2023

Nucor Corporation 401(k) Plan

Data updated 2026-08-25

$8.5B
Total assets Very large vs avg
24,174
Participants Very large workforce
100th
Percentile by assets National rank
$352,058
Avg per participant High balance/head
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Official DOL plan name: Nucor Corporation Profit Sharing and Retirement Savings Plan · Sponsored by Nucor Corporation · North Carolina · Manufacturing

$8.5B in assets, 24,174 participants

Nucor Corporation's Nucor Corporation Profit Sharing and Retirement Savings Plan reported $8.5B in total assets and 24,174 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,658 in Manufacturing (18,722 peers)

Coverage in North Carolina

Nucor Corporation Profit Sharing and Retirement Savings Plan covers 24,174 participants in North Carolina, 30x the typical North Carolina plan (state average ~819 per filing). Assets: $8.5B.

#18,658
in Manufacturing (18,722 peers)
+23.3%
assets growth YoY
85×
vs typical plan assets (national mean)

Nucor Corporation Profit Sharing and Retirement Savings Plan's outsized position by total assets

Nucor Corporation Profit Sharing and Retirement Savings Plan vs every filed plan by assets

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

$8,510,660,989 Highest reported value at or above every one 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

Nucor Corporation Profit Sharing and Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nucor Corporation Profit Sharing and Retirement Savings Plan is a mega filing (24,174 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nucor Corporation Profit Sharing and Retirement Savings Plan reported net income rose from -$768M in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Nucor Corporation Profit Sharing and Retirement Savings Plan end-of-year assets rose from $6.9B in the plan year 2022 filing to $8.5B in the plan year 2023 filing.
  • Nucor Corporation Profit Sharing and Retirement Savings Plan reported participants rose from 21,030 in the plan year 2022 filing to 24,174 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131860817 · Nucor Corporation PY 2023 · 401(k)

Nucor Corporation Profit Sharing and Retirement Savings Plan · $8.5B · 24,174 · 100th

  • EBSA $8.5B
  • EBSA 24,174
  • EBSA 100th
  • EBSA 401(k)
  • EBSA near The Permanente Medical Group, Inc. Salary Deferral Plan
  • EBSA ind #18658

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 North Carolina →

Nucor Corporation Profit Sharing and Retirement Savings Plan in the asset neighbourhood

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesThe General Motors Personal …$8.6BNucor Corporation Profit Sharing and Retirement Savings PlanNucor Corporation Profit Sha…$8.5BThe Permanente Medical Group, Inc. Salary Deferral PlanThe Permanente Medical Group…$8.5BThe Cargill Partnership Plan$8.4BThe Kroger Co. 401(k) Retirement Savings Account PlanThe Kroger Co. 401(k) Retire…$8.4B
End-of-year total assets ($B) among Nucor Corporation Profit Sharing and Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$6.9B
Net Assets (End of Year)$8.5B
Net Income$1.5B
Employer EIN131860817
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nucor Corporation)

Sponsor-wide plan assets over time

All Nucor Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9.4B 35.17551238190092% vs 2022
2024 filing year
$6B$7B$8B$9B$10B 202220232024 $6.93B $9.36B ▲ +35.1%
Year Plans Participants Total Assets
2022 2 21,253 $6.9B
2023 2 24,329 $8.5B
2024 2 27,192 $9.4B

Nearby 401(k) Plans in North Carolina

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

Nucor Corporation Profit Sharing and Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 0100000200000300000400000 0204060 Total assets ($B) Participants Nucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 8.108634836 · Participants: 295676Lowes 401(k) Plan
Nucor Corporation Profit Sharing and Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Nucor Corporation Profit Sharing and Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Nucor Corporation Profit Sharing and Retirement Savings Plan

Nucor Corporation Profit Sharing and Retirement Savings Plan reports $8.5B in end-of-year assets across 24,174 participants (0.069% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $352,058 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2023 was $1.5B.

This plan identity (EIN 131860817, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.9B to $9.3B (+35.4%) while covered participants moved from 21,030 to 27,070 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,030 $6.9B Open filing
2023 24,174 $8.5B This page
2024 · index core 27,070 $9.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Nucor Corporation Profit Sharing and Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Permanente Medical Group, Inc. Salary Deferral Plan in CA ($8.5B); by covered participants it is Lithia Motors, Inc. 401(k) Plan in OR (24,161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24,174 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 Nucor Corporation Profit Sharing and Retirement Savings Plan assets move in 2023? ▼
Nucor Corporation Profit Sharing and Retirement Savings Plan grew sharply - up 23.3% during 2023, from $6.9B to $8.5B. Reported net income was $1.5B.
How have Nucor Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nucor Corporation's sponsor-wide assets grew 35.2%, from $6.9B to $9.4B.
Where does Nucor Corporation Profit Sharing and Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Nucor Corporation Profit Sharing and Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Nucor Corporation Profit Sharing and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Permanente Medical Group, Inc. Salary Deferral Plan in CA ($8.5B, 20,817 participants).
Which 401(k) plans cover a similar participant headcount to Nucor Corporation Profit Sharing and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lithia Motors, Inc. 401(k) Plan in OR (24,161 participants, $862M 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 131860817.

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.