401(k) · DOL Form 5500 · 2023

Joseph T. Ryerson & Son, Inc. 401(k) Plan

Data updated 2026-08-11

$428M
Total assets
2,564
Participants
97th
Percentile by assets
$166,757
Avg per participant
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Official DOL plan name: Ryerson Savings Plan · Sponsored by Joseph T. Ryerson & Son, Inc. · Illinois · Manufacturing

$428M in assets, 2,564 participants

Joseph T. Ryerson & Son, Inc.'s Ryerson Savings Plan reported $428M in total assets and 2,564 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,846 in Manufacturing (18,722 peers)

Coverage in Illinois

Ryerson Savings Plan covers 2,564 participants in Illinois, 3.3x the typical Illinois plan (state average ~779 per filing). Assets: $428M.

$428M
total plan assets (2023 EOY)
2,564
covered participants
97th
percentile by assets (of 127,072 plans)
$166,757
avg assets per participant

Where Ryerson Savings Plan sits by total assets

Ryerson Savings Plan vs every filed plan by assets

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

$427,563,688 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ryerson Savings Plan reported net income rose from -$105M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Ryerson Savings Plan end-of-year assets rose from $397M in the plan year 2022 filing to $428M in the plan year 2023 filing.
  • Ryerson Savings Plan reported participants rose from 2,518 in the plan year 2022 filing to 2,564 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Ryerson Savings Plan reports 2,564 participants - 3.3x that state average ($428M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$397M
Net Assets (End of Year)$428M
Net Income$30M
Employer EIN361717960
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joseph T. Ryerson & Son, Inc.)

$600M$620M$640M$660M$680M$700M 202220232024 $622M $687M ▲ +10.5%
Total plan assets by year, all Joseph T. Ryerson & Son, Inc. plans on file
Year Plans Participants Total Assets
2022 3 3,340 $622M
2023 3 3,326 $655M
2024 3 3,494 $687M

Nearby 401(k) Plans in Illinois

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

Ryerson Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Ryerson Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Ryerson Savings PlanAccenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Ryerson Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Ryerson Savings Plan assets move in 2023?
Ryerson Savings Plan grew at a solid clip - up 7.6% during 2023, from $397M to $428M. Reported net income was $30M.
How have Joseph T. Ryerson & Son, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Joseph T. Ryerson & Son, Inc.'s sponsor-wide assets grew 10.4%, from $622M to $687M.
Where does Ryerson Savings Plan rank by assets among Form 5500 filers?
Ryerson Savings Plan ranks in the 97th 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 Ryerson Savings Plan?
Among 401(k) plans in other states, the closest by assets is Trugreen Profit Sharing and Retirement Plan in TN ($428M, 11,035 participants).

Filing takeaways

Ways to act on Ryerson Savings Plan's numbers.