401(k) · DOL Form 5500 · 2023

Canam Steel Corporation 401(k) Plan

Data updated 2026-08-11

$83M
Total assets
1,125
Participants
90th
Percentile by assets
$73,973
Avg per participant
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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.

  • 90th percentile by assets (of 127,072 plans)
  • #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.

$83M
total plan assets (2023 EOY)
1,125
covered participants
90th
percentile by assets (of 127,072 plans)
$73,973
avg assets per participant

Where Canam 401(k) Plan sits 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 $2,010,000,000 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

  • 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 →

State
Maryland
Industry
Manufacturing

Canam 401(k) Plan vs the 2023 asset distribution

By assets, Canam 401(k) Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

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)

$60M$70M$80M$90M$100M 202220232024 $67.3M $95.1M ▲ +41.2%
Total plan assets by year, all Canam Steel Corporation plans on file
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 Corp…, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corp…Marriott Retirement …, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement …T. Rowe Price U.S. R…, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. R…Nfl Player Second Ca…, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Ca…Sodexo 401 (K) Emplo…, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Emplo…
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 →

Similar-Sized 401(k) Plans Nationally

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

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).

Next read for Canam 401(k) Plan

Scale reading

Ways to act on Canam 401(k) Plan's numbers.

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.