401(k)
2023 plan-year 401(k) DOL Form 5500

STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

STEEL DYNAMICS, INC.

This 401(k) plan holds $2.6B in total assets and serves 9,015 participants as of 2023. It is sponsored by STEEL DYNAMICS, INC. in Indiana. The plan reported positive net income of $537M for the year.

Total Assets (2023)
$2.6B
Participants
9,015
State
Industry
Manufacturing

What the Filing Says About STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN

STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by STEEL DYNAMICS, INC., headquartered in Indiana. As of the 2023 Form 5500 filing, the plan reports $2.6B in total end-of-year assets and covers 9,015 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 351929476, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2.0B at the beginning of 2023 to $2.6B at year-end — a gain of 27.4%. Net assets (after liabilities) closed the year at $2.6B, with reported net income of $537M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2.0B
Total Assets (End of Year)$2.6B
Net Assets (End of Year)$2.6B
Net Income$537M
Plan Type401(k)
Employer EIN351929476
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (STEEL DYNAMICS, INC.)

Year Plans Participants Total Assets
2022 1 8,632 $2.0B
2023 1 9,015 $2.6B
2024 1 9,385 $3.0B

Nearby 401(k) Plans in Indiana

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

Frequently Asked Questions

How much money is in the STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN?
As of the 2023 Form 5500 filing, STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN holds $2.6B in total assets with 9,015 participants. It is sponsored by STEEL DYNAMICS, INC..
What type of plan is STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN?
STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 351929476.
Who sponsors the STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN?
STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN is sponsored by STEEL DYNAMICS, INC., located in Indiana. The sponsor's EIN is 351929476 and the plan operates in the Manufacturing industry.
How did STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN perform in 2023?
STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN grew by 27.4% during 2023, moving from $2.0B to $2.6B in total assets. Net income was $537M.
Where can I find official filings for STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351929476 or plan name at efast.dol.gov.
How does STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN compare to other plans?
You can compare STEEL DYNAMICS, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 351929476.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.