401(k) · DOL Form 5500 · 2023

State Steel Supply Co. 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
321
Participants Below avg headcount
88th
Percentile by assets National rank
$200,602
Avg per participant Above avg balance/head
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Official DOL plan name: Triple S Profit Sharing 401(k) Plan · Sponsored by State Steel Supply Co. · Iowa · Wholesale Trade

$64M in assets, 321 participants

State Steel Supply Co.'s Triple S Profit Sharing 401(k) Plan reported $64M in total assets and 321 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #5,646 in Wholesale Trade (6,309 peers)

Where Triple S Profit Sharing 401(k) Plan sits by assets

Triple S Profit Sharing 401(k) Plan sits in the top quartile of all filed plans by assets, $64M for 321 participants (~$200,602/participant), up 16.0% in 2023.

#5,646
in Wholesale Trade (6,309 peers)
+16.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Triple S Profit Sharing 401(k) Plan's outsized position by total assets

Triple S Profit Sharing 401(k) Plan vs every filed plan by assets

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

$64,393,281 Top 12% higher than 88% 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

Triple S Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Triple S Profit Sharing 401(k) Plan sits mid-pack in the medium band (321 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Triple S Profit Sharing 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Triple S Profit Sharing 401(k) Plan reported participants fell from 386 in the plan year 2022 filing to 321 in the plan year 2023 filing.
  • Triple S Profit Sharing 401(k) Plan end-of-year assets rose from $56M in the plan year 2022 filing to $64M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 420872471 · State Steel Supply Co. PY 2023 · 401(k)

Triple S Profit Sharing 401(k) Plan · $64M · 321 · 88th

  • SCH $64M
  • SCH 321
  • SCH 88th
  • SCH 401(k)
  • SCH near Wicker Smith 401(k) Plan II
  • SCH ind #5646

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 Wholesale Trade retirement plans → · Plans in Iowa →

Triple S Profit Sharing 401(k) Plan in the asset neighbourhood

Wicker Smith 401(k) Plan II$64MStreck LLC Retirement Plan$64MJurgensen Companies Salaried Retirement PlanJurgensen Companies Salaried…$64MTriple S Profit Sharing 401(k) PlanTriple S Profit Sharing 401(…$64MMvm, Inc. 401(k) Savings Plan$64M
End-of-year total assets ($M) among Triple S Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$64M
Net Income$9M
Employer EIN420872471
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Steel Supply Co.)

Sponsor-wide plan assets over time

All State Steel Supply Co. plans reported in each filing year

Latest sponsor-wide plan assets
$72M 30.267840817399332% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $55.5M $72.3M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 386 $56M
2023 1 321 $64M
2024 1 310 $72M

Nearby 401(k) Plans in Iowa

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

Triple S Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Triple S Profit Sharing 401(k) Plan, Total assets ($B): 0.064393281 · Participants: 321Triple S Profit Sharing 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Triple S Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Triple S Profit Sharing 401(k) Plan side-by-side with 3 peers →

Triple S Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Wicker Smith 401(k) Plan II in FL ($64M); by covered participants it is Sun City Summerlin Community Association, Inc. 401(k) Plan in NV (321 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (321 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 Triple S Profit Sharing 401(k) Plan assets move in 2023? ▼
Triple S Profit Sharing 401(k) Plan grew sharply - up 16.0% during 2023, from $56M to $64M. Reported net income was $9M.
How have State Steel Supply Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Steel Supply Co.'s sponsor-wide assets grew 30.3%, from $56M to $72M.
Where does Triple S Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Triple S Profit Sharing 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Triple S Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wicker Smith 401(k) Plan II in FL ($64M, 224 participants).
Which 401(k) plans cover a similar participant headcount to Triple S Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sun City Summerlin Community Association, Inc. 401(k) Plan in NV (321 participants, $4M 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 420872471.

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.