401(k) · DOL Form 5500 · 2023

New Process Steel, L.P. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
414
Participants Below avg headcount
82nd
Percentile by assets National rank
$90,804
Avg per participant Below avg balance/head
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Official DOL plan name: New Process Steel, L.P. Employee Retirement & Savings Trust · Sponsored by New Process Steel, L.P. · Texas · Manufacturing

$38M in assets, 414 participants

New Process Steel, L.P.'s New Process Steel, L.P. Employee Retirement & Savings Trust reported $38M in total assets and 414 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #14,008 in Manufacturing (18,722 peers)

Where New Process Steel, L.P. Employee Retirement & Savings Trust sits by assets

New Process Steel, L.P. Employee Retirement & Savings Trust sits in the top quartile of all filed plans by assets, $38M for 414 participants (~$90,804/participant), up 14.7% in 2023.

#14,008
in Manufacturing (18,722 peers)
+14.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

New Process Steel, L.P. Employee Retirement & Savings Trust's outsized position by total assets

New Process Steel, L.P. Employee Retirement & Savings Trust vs every filed plan by assets

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

$37,593,039 Top 18% higher than 82% 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

New Process Steel, L.P. Employee Retirement & Savings Trust 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. New Process Steel, L.P. Employee Retirement & Savings Trust sits mid-pack in the medium band (414 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Process Steel, L.P. Employee Retirement & Savings Trust reported net income rose from -$8M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • New Process Steel, L.P. Employee Retirement & Savings Trust reported participants rose from 352 in the plan year 2022 filing to 414 in the plan year 2023 filing.
  • New Process Steel, L.P. Employee Retirement & Savings Trust end-of-year assets rose from $33M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 760621168 · New Process Steel, L.P. PY 2023 · 401(k)

New Process Steel, L.P. Employee Retirement & Savings Trust · $38M · 414 · 82nd

  • BOY $38M
  • SCH 414
  • EBSA 82nd
  • PART 401(k)
  • TYPE near Bankfirst Financial Services 401(k) Profit Sharing Plan
  • NET ind #14008

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 Texas →

New Process Steel, L.P. Employee Retirement & Savings Trust in the asset neighbourhood

New Process Steel, L.P. Employee Retirement & Savings TrustNew Process Steel, L.P. Empl…$38MBankfirst Financial Services 401(k) Profit Sharing PlanBankfirst Financial Services…$38MSpecial-Lite, Inc. Retirement and Savings Plan and TrustSpecial-Lite, Inc. Retiremen…$38MRecorded Future 401(k) Plan$38MOaks Christian School 403(b) PlanOaks Christian School 403(b)…$38M
End-of-year total assets ($M) among New Process Steel, L.P. Employee Retirement & Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$38M
Net Income$5M
Employer EIN760621168
Plan Effective Date1972-03-20
Filing StatusFILING RECEIVED

Sponsor Plan History (New Process Steel, L.P.)

Sponsor-wide plan assets over time

All New Process Steel, L.P. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 23.75389730291811% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.8M $40.6M ▲ +23.7%
Year Plans Participants Total Assets
2022 1 352 $33M
2023 1 414 $38M
2024 1 411 $41M

Nearby 401(k) Plans in Texas

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

New Process Steel, L.P. Employee Retirement & Savings Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants New Process Steel, L.P. Employee Retirement & Savings Trust, Total assets ($B): 0.037593039 · Participants: 414New Process Steel, L.P. Employee Retirement & Savings TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
New Process Steel, L.P. Employee Retirement & Savings Trust vs. nearby 401(k) plans in Texas, assets vs. participants

New Process Steel, L.P. Employee Retirement & Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Bankfirst Financial Services 401(k) Profit Sharing Plan in MS ($38M); by covered participants it is Bayer Built Woodworks, Inc. Retirement Plan in MN (414 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (414 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 New Process Steel, L.P. Employee Retirement & Savings Trust assets move in 2023?
New Process Steel, L.P. Employee Retirement & Savings Trust grew at a solid clip - up 14.7% during 2023, from $33M to $38M. Reported net income was $5M.
How have New Process Steel, L.P. plan assets changed over time?
Across 3 plan years on file (2022-2024), New Process Steel, L.P.'s sponsor-wide assets grew 23.8%, from $33M to $41M.
Where does New Process Steel, L.P. Employee Retirement & Savings Trust rank by assets among Form 5500 filers?
New Process Steel, L.P. Employee Retirement & Savings Trust ranks in the 82nd 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 New Process Steel, L.P. Employee Retirement & Savings Trust?
Among 401(k) plans in other states, the closest by assets is Bankfirst Financial Services 401(k) Profit Sharing Plan in MS ($38M, 469 participants).
Which 401(k) plans cover a similar participant headcount to New Process Steel, L.P. Employee Retirement & Savings Trust?
Among 401(k) plans in other states, the closest by covered participants is Bayer Built Woodworks, Inc. Retirement Plan in MN (414 participants, $39M in assets).