401(k) · DOL Form 5500 · 2023

Canam Steel Corporation 401(k) Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
1,125
Participants Near avg headcount
90th
Percentile by assets National rank
$73,973
Avg per participant Below avg balance/head
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Official DOL plan name: Canam 401(k) Plan · Sponsored by Canam Steel Corporation · Maryland · Manufacturing

$83M in assets, 1,125 participants

Canam Steel Corporation's Canam 401(k) Plan reported $83M in total assets and 1,125 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,928 in Manufacturing (18,722 peers)

Where Canam 401(k) Plan sits by assets

Canam 401(k) Plan sits in the top 10% of all filed plans by assets, $83M for 1,125 participants (~$73,973/participant), up 23.6% in 2023.

#15,928
in Manufacturing (18,722 peers)
+23.6%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Canam 401(k) Plan's outsized position by total assets

Canam 401(k) Plan vs every filed plan by assets

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

$83,219,160 Top 10% higher than 90% 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

Canam 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Canam 401(k) Plan lands in the large band (1,125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Canam 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Canam 401(k) Plan end-of-year assets rose from $67M in the plan year 2022 filing to $83M in the plan year 2023 filing.
  • Canam 401(k) Plan reported participants rose from 952 in the plan year 2022 filing to 1,125 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 520998510 · Canam Steel Corporation PY 2023 · 401(k)

Canam 401(k) Plan · $83M · 1,125 · 90th

  • SCH $83M
  • SCH 1,125
  • SCH 90th
  • SCH 401(k)
  • SCH near Centromotion 401(k) Plan
  • SCH ind #15928

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 Maryland →

Canam 401(k) Plan in the asset neighbourhood

Centromotion 401(k) Plan$83MCanam 401(k) Plan$83MAlaka'ina Foundation 401(k) Savings PlanAlaka'ina Foundation 401(k) …$83MDennis Group 401(k) Profit Sharing PlanDennis Group 401(k) Profit S…$83MHellman & Friedman Profit Sharing & 401(k) Savings PlanHellman & Friedman Profit Sh…$83M
End-of-year total assets ($M) among Canam 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)$67M
Net Assets (End of Year)$83M
Net Income$16M
Employer EIN520998510
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canam Steel Corporation)

Sponsor-wide plan assets over time

All Canam Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$95M 41.25472626335757% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $67.3M $95.1M ▲ +41.2%
Year Plans Participants Total Assets
2022 1 952 $67M
2023 1 1,125 $83M
2024 1 1,113 $95M

Nearby 401(k) Plans in Maryland

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

Canam 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Canam 401(k) Plan, Total assets ($B): 0.08321916 · Participants: 1125Canam 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Canam 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Canam 401(k) Plan side-by-side with 3 peers →

Canam 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Centromotion 401(k) Plan in WI ($83M); by covered participants it is El Paso Electric Company Savings Plan in TX (1,125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($83M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,125 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 Canam 401(k) Plan assets move in 2023? ▼
Canam 401(k) Plan grew sharply - up 23.6% during 2023, from $67M to $83M. Reported net income was $16M.
How have Canam Steel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canam Steel Corporation's sponsor-wide assets grew 41.3%, from $67M to $95M.
Where does Canam 401(k) Plan rank by assets among Form 5500 filers? ▼
Canam 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Canam 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Centromotion 401(k) Plan in WI ($83M, 914 participants).
Which 401(k) plans cover a similar participant headcount to Canam 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is El Paso Electric Company Savings Plan in TX (1,125 participants, $221M 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 520998510.

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.