ESOP · DOL Form 5500 · 2023

P & M Steel Co. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
30
Participants Small participant base
34th
Percentile by assets National rank
$90,546
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: P & M Steel Co. Employee Stock Ownership Plan · Sponsored by P & M Steel Co. · South Dakota · Manufacturing

$3M in assets, 30 participants

P & M Steel Co.'s P & M Steel Co. Employee Stock Ownership Plan reported $3M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,369 in Manufacturing (18,722 peers)

P & M Steel Co. multi-year trail

P & M Steel Co.'s plans moved -12.7% in assets from 2022 to 2024; this filing shows P & M Steel Co. Employee Stock Ownership Plan at $3M / 30 participants.

#3,369
in Manufacturing (18,722 peers)
+1.3%
assets growth YoY

P & M Steel Co. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

P & M Steel Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,716,367 34th percentile higher than 34% 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

P & M Steel Co. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. P & M Steel Co. Employee Stock Ownership Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • P & M Steel Co. Employee Stock Ownership Plan reported net income rose from -$128K in the plan year 2022 filing to $35K in the plan year 2023 filing.
  • P & M Steel Co. Employee Stock Ownership Plan reported participants fell from 33 in the plan year 2022 filing to 30 in the plan year 2023 filing.
  • P & M Steel Co. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 460309096 · P & M Steel Co. PY 2023 · ESOP

P & M Steel Co. Employee Stock Ownership Plan · $3M · 30 · 34th

  • TYPE $3M
  • TYPE 30
  • TYPE 34th
  • TYPE ESOP
  • TYPE near Sdg Architects, Inc. ESOP
  • TYPE ind #3369

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 What is an ESOP? → · Plans in South Dakota →

P & M Steel Co. Employee Stock Ownership Plan in the asset neighbourhood

P & M Steel Co. Employee Stock Ownership PlanP & M Steel Co. Employee Sto…$3MSdg Architects, Inc. ESOP$3MHenick-Lane Service Corp. Employee Stock Ownership PlanHenick-Lane Service Corp. Em…$3MDaily Printing, Inc. Employee Stock Ownership PlanDaily Printing, Inc. Employe…$3MRoberts Holdings, Inc. Employee Stock Ownership PlanRoberts Holdings, Inc. Emplo…$3M
End-of-year total assets ($M) among P & M Steel Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

P & M Steel Co. multi-year asset trail

Sponsor-wide plan assets over time

All P & M Steel Co. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 12.672040093745979% vs 2022
2024 filing year
$2.2M$2.4M$2.6M$2.8M 202220232024 $2.68M $2.34M ▼ -12.7%
Year Plans Participants Total Assets
2022 1 33 $3M
2023 1 30 $3M
2024 1 22 $2M

P & M Steel Co. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$35K
Employer EIN460309096
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

Peer ESOP plans, same state, same plan type, ranked by total assets.

P & M Steel Co. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -2000200400600800 -50050100150 Total assets ($M) Participants P & M Steel Co. Employee Stock Ownership Plan, Total assets ($M): 2.716367 · Participants: 30P & M Steel Co. Employee Stock Ownership PlanShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.050363 · Participants: 506Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 51.743144 · Participants: 713Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 44.406334 · Participants: 83Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 43.108665 · Participants: 471Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 38.747989 · Participants: 112The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
P & M Steel Co. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare P & M Steel Co. Employee Stock Ownership Plan side-by-side with 3 peers →

P & M Steel Co. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Dakota, the nearest ESOP by assets is Sdg Architects, Inc. ESOP in CA ($3M); by covered participants it is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 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 P & M Steel Co. Employee Stock Ownership Plan assets move in 2023? ▼
P & M Steel Co. Employee Stock Ownership Plan edged up modestly - up 1.3% during 2023, from $3M to $3M. Reported net income was $35K.
How have P & M Steel Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), P & M Steel Co.'s sponsor-wide assets declined 12.7%, from $3M to $2M.
Which ESOP plans are similar in size to P & M Steel Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sdg Architects, Inc. ESOP in CA ($3M, 40 participants).
Which ESOP plans cover a similar participant headcount to P & M Steel Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 participants, N/A 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 460309096.

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.