401(k) · DOL Form 5500 · 2023

Veritas Steel 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
80
Participants Small participant base
58th
Percentile by assets National rank
$119,935
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Veritas Steel 401(k) Retirement Savings Plan · Sponsored by Veritas Steel · Illinois · Manufacturing

$10M in assets, 80 participants

Veritas Steel's Veritas Steel 401(k) Retirement Savings Plan reported $10M in total assets and 80 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,170 in Manufacturing (18,722 peers)

Veritas Steel multi-year trail

Veritas Steel's plans moved +44.2% in assets from 2022 to 2024; this filing shows Veritas Steel 401(k) Retirement Savings Plan at $10M / 80 participants.

#8,170
in Manufacturing (18,722 peers)
+22.6%
assets growth YoY

Veritas Steel 401(k) Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

Veritas Steel 401(k) Retirement Savings Plan vs every filed plan by assets

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

$9,594,799 Top 42% higher than 58% 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

Veritas Steel 401(k) Retirement Savings 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. Veritas Steel 401(k) Retirement Savings Plan is a small filing (80 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Veritas Steel 401(k) Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Veritas Steel 401(k) Retirement Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Veritas Steel 401(k) Retirement Savings Plan reported participants fell from 82 in the plan year 2022 filing to 80 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 463778002 · Veritas Steel PY 2023 · 401(k)

Veritas Steel 401(k) Retirement Savings Plan · $10M · 80 · 58th

  • RANK $10M
  • PHOTO 80
  • IND 58th
  • EOY 401(k)
  • 5500 near Local 360 401(k) and Severance Plan
  • ASSETS ind #8170

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 Illinois →

Veritas Steel 401(k) Retirement Savings Plan in the asset neighbourhood

Simplybank 401(k) Plan$10MEnergy Exemplar LLC 401(k) Plan & TrustEnergy Exemplar LLC 401(k) P…$10MVeritas Steel 401(k) Retirement Savings PlanVeritas Steel 401(k) Retirem…$10MLocal 360 401(k) and Severance PlanLocal 360 401(k) and Severan…$10MThe Barnes Firm Lc 401(k) Profit Sharing PlanThe Barnes Firm Lc 401(k) Pr…$10M
End-of-year total assets ($M) among Veritas Steel 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Veritas Steel multi-year asset trail

Sponsor-wide plan assets over time

All Veritas Steel plans reported in each filing year

Latest sponsor-wide plan assets
$11M 44.198287355208585% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.83M $11.3M ▲ +44.2%
Year Plans Participants Total Assets
2022 1 82 $8M
2023 1 80 $10M
2024 1 104 $11M

Veritas Steel filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN463778002
Plan Effective Date2002-03-14
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Veritas Steel 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Veritas Steel 401(k) Retirement Savings Plan, Total assets ($B): 0.009594799 · Participants: 80Veritas Steel 401(k) Retirement Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Veritas Steel 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Veritas Steel 401(k) Retirement Savings Plan side-by-side with 3 peers →

Veritas Steel 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Local 360 401(k) and Severance Plan in NJ ($10M); by covered participants it is Environmental Intelligence LLC 401(k) Profit Sharing Plan & Trust in CA (80 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (80 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 Veritas Steel 401(k) Retirement Savings Plan assets move in 2023? ▼
Veritas Steel 401(k) Retirement Savings Plan grew sharply - up 22.6% during 2023, from $8M to $10M. Reported net income was $2M.
How have Veritas Steel plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Veritas Steel's sponsor-wide assets grew 44.2%, from $8M to $11M.
Which 401(k) plans are similar in size to Veritas Steel 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Local 360 401(k) and Severance Plan in NJ ($10M, 1,093 participants).
Which 401(k) plans cover a similar participant headcount to Veritas Steel 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Environmental Intelligence LLC 401(k) Profit Sharing Plan & Trust in CA (80 participants, N/A 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 463778002.

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.