401(k) · DOL Form 5500 · 2023

The Mill Steel Co. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
337
Participants Below avg headcount
76th
Percentile by assets National rank
$69,962
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mill Steel Company 401(k) Profit Sharing Plan · Sponsored by The Mill Steel Co. · Michigan · Manufacturing

$24M in assets, 337 participants

The Mill Steel Co.'s Mill Steel Company 401(k) Profit Sharing Plan reported $24M in total assets and 337 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,390 in Manufacturing (18,722 peers)

Where Mill Steel Company 401(k) Profit Sharing Plan sits by assets

Mill Steel Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $24M for 337 participants (~$69,962/participant), up 30.5% in 2023.

#12,390
in Manufacturing (18,722 peers)
+30.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Mill Steel Company 401(k) Profit Sharing Plan's outsized position by total assets

Mill Steel Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$23,577,321 Top 24% higher than 76% 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

Mill Steel Company 401(k) Profit Sharing 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. Mill Steel Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (337 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mill Steel Company 401(k) Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mill Steel Company 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Mill Steel Company 401(k) Profit Sharing Plan reported participants rose from 314 in the plan year 2022 filing to 337 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381676218 · The Mill Steel Co. PY 2023 · 401(k)

Mill Steel Company 401(k) Profit Sharing Plan · $24M · 337 · 76th

  • ASSETS $24M
  • ASSETS 337
  • ASSETS 76th
  • ASSETS 401(k)
  • ASSETS near Carter 401(k) Plan
  • ASSETS ind #12390

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 Michigan →

Mill Steel Company 401(k) Profit Sharing Plan in the asset neighbourhood

Mill Steel Company 401(k) Profit Sharing PlanMill Steel Company 401(k) Pr…$24MCarter 401(k) Plan$24MBuckeye Ready-Mix, L.L.C. Profit Sharing PlanBuckeye Ready-Mix, L.L.C. Pr…$24MSkytap, Inc. Retirement Plan$24MNoble 401(k) Profit Sharing Plan and TrustNoble 401(k) Profit Sharing …$24M
End-of-year total assets ($M) among Mill Steel Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$24M
Net Income$6M
Employer EIN381676218
Plan Effective Date1973-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (The Mill Steel Co.)

Sponsor-wide plan assets over time

All The Mill Steel Co. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 57.178414498136746% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.1M $28.4M ▲ +57.2%
Year Plans Participants Total Assets
2022 1 314 $18M
2023 1 337 $24M
2024 1 401 $28M

Nearby 401(k) Plans in Michigan

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

Mill Steel Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Mill Steel Company 401(k) Profit Sharing Plan, Total assets ($B): 0.023577321 · Participants: 337Mill Steel Company 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Mill Steel Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Mill Steel Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Mill Steel Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Carter 401(k) Plan in IN ($24M); by covered participants it is Southern Glazer's Union 401(k) Plan in FL (337 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (337 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 Mill Steel Company 401(k) Profit Sharing Plan assets move in 2023? ▼
Mill Steel Company 401(k) Profit Sharing Plan surged - up 30.5% during 2023, from $18M to $24M. Reported net income was $6M.
How have The Mill Steel Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Mill Steel Co.'s sponsor-wide assets grew 57.2%, from $18M to $28M.
Where does Mill Steel Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Mill Steel Company 401(k) Profit Sharing Plan ranks in the 76th 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 Mill Steel Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carter 401(k) Plan in IN ($24M, 1,640 participants).
Which 401(k) plans cover a similar participant headcount to Mill Steel Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Glazer's Union 401(k) Plan in FL (337 participants, $7M 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 381676218.

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.