401(k) · DOL Form 5500 · 2023

Peerless Steel Company 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
169
Participants Small participant base
57th
Percentile by assets National rank
$55,595
Avg per participant Low balance/head
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Official DOL plan name: Peerless Steel Company Employees' Profit Sharing and 401(k) Plan · Sponsored by Peerless Steel Company · Michigan · Wholesale Trade

$9M in assets, 169 participants

Peerless Steel Company's Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported $9M in total assets and 169 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,081 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan covers 169 participants in Michigan, about 27% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#3,081
in Wholesale Trade (6,309 peers)
+9.7%
assets growth YoY

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$9,395,494 Top 43% higher than 57% 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

Peerless Steel Company Employees' Profit Sharing and 401(k) 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. Peerless Steel Company Employees' Profit Sharing and 401(k) Plan sits mid-pack in the medium band (169 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported net income rose from -$900K in the plan year 2022 filing to $830K in the plan year 2023 filing.
  • Peerless Steel Company Employees' Profit Sharing and 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported participants rose from 164 in the plan year 2022 filing to 169 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 381573882 · Peerless Steel Company PY 2023 · 401(k)

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan · $9M · 169 · 57th

  • IND $9M
  • IND 169
  • IND 57th
  • IND 401(k)
  • IND near Interstate Oil Co. Savings & Retirement Plan
  • IND ind #3081

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 Wholesale Trade retirement plans → · Plans in Michigan →

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan in the asset neighbourhood

Peerless Steel Company Employees' Profit Sharing and 401(k) PlanPeerless Steel Company Emplo…$9MInterstate Oil Co. Savings & Retirement PlanInterstate Oil Co. Savings &…$9MPhotonwares Corporation 401(k) PlanPhotonwares Corporation 401(…$9MHart Saver - 401(k) Plan$9MMangini-Lakhia Profit Sharing PlanMangini-Lakhia Profit Sharin…$9M
End-of-year total assets ($M) among Peerless Steel Company Employees' Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income$830K
Employer EIN381573882
Plan Effective Date1959-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Peerless Steel Company)

Sponsor-wide plan assets over time

All Peerless Steel Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 10.287881202522078% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $8.57M $9.45M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 164 $9M
2023 1 169 $9M
2024 1 161 $9M

Nearby 401(k) Plans in Michigan

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

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Peerless Steel Company Employees' Profit Sharing and 401(k) Plan, Total assets ($B): 0.009395494 · Participants: 169Peerless Steel Company Employees' Profit Sharing and 401(k) 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
Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Interstate Oil Co. Savings & Retirement Plan in CA ($9M); by covered participants it is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (169 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 Peerless Steel Company Employees' Profit Sharing and 401(k) Plan assets move in 2023?
Peerless Steel Company Employees' Profit Sharing and 401(k) Plan grew at a solid clip - up 9.7% during 2023, from $9M to $9M. Reported net income was $830K.
How have Peerless Steel Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Peerless Steel Company's sponsor-wide assets grew 10.3%, from $9M to $9M.
Which 401(k) plans are similar in size to Peerless Steel Company Employees' Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Interstate Oil Co. Savings & Retirement Plan in CA ($9M, 208 participants).
Which 401(k) plans cover a similar participant headcount to Peerless Steel Company Employees' Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants, N/A in assets).