401(k) · DOL Form 5500 · 2023

Steel Encounters, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
231
Participants Below avg headcount
61st
Percentile by assets National rank
$48,056
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Steel Encounters, Inc. Profit Sharing Plan · Sponsored by Steel Encounters, Inc. · Utah · Construction

$11M in assets, 231 participants

Steel Encounters, Inc.'s Steel Encounters, Inc. Profit Sharing Plan reported $11M in total assets and 231 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #5,350 in Construction (9,030 peers)

Coverage in Utah

Steel Encounters, Inc. Profit Sharing Plan covers 231 participants in Utah, about 39% of the average Utah filer (state average ~592 per filing). Assets: $11M.

#5,350
in Construction (9,030 peers)
+14.8%
assets growth YoY

Steel Encounters, Inc. Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Steel Encounters, Inc. Profit Sharing Plan vs every filed plan by assets

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

$11,101,033 Top 39% higher than 61% 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

Steel Encounters, Inc. 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. Steel Encounters, Inc. Profit Sharing Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Steel Encounters, Inc. Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Steel Encounters, Inc. Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 870426368 · Steel Encounters, Inc. PY 2023 · 401(k)

Steel Encounters, Inc. Profit Sharing Plan · $11M · 231 · 61st

  • PART $11M
  • PART 231
  • PART 61st
  • PART 401(k)
  • PART near Metalcraft, Inc. Employees' Profit Sharing and Savings Plan
  • PART ind #5350

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 Construction retirement plans → · Plans in Utah →

Steel Encounters, Inc. Profit Sharing Plan in the asset neighbourhood

Steel Encounters, Inc. Profit Sharing PlanSteel Encounters, Inc. Profi…$11MMetalcraft, Inc. Employees' Profit Sharing and Savings PlanMetalcraft, Inc. Employees' …$11MFox Auto Group 401(k) Plan$11MCenter for Advanced Orthopedics and Sports Medicine 401(k) Profit Sharing PlanCenter for Advanced Orthoped…$11MDelaware Motor Group 401(k) Retirement Savings PlanDelaware Motor Group 401(k) …$11M
End-of-year total assets ($M) among Steel Encounters, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN870426368
Plan Effective Date1987-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steel Encounters, Inc.)

Sponsor-wide plan assets over time

All Steel Encounters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 21.32379446531317% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.9M $40M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 245 $33M
2023 2 453 $39M
2024 2 452 $40M

Nearby 401(k) Plans in Utah

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

Steel Encounters, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Steel Encounters, Inc. Profit Sharing Plan, Total assets ($B): 0.011101033 · Participants: 231Steel Encounters, Inc. Profit Sharing PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Steel Encounters, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Steel Encounters, Inc. Profit Sharing Plan side-by-side with 3 peers →

Steel Encounters, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Metalcraft, Inc. Employees' Profit Sharing and Savings Plan in IA ($11M); by covered participants it is Teacher Synergy LLC 401(k) Plan in NY (231 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (231 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 Steel Encounters, Inc. Profit Sharing Plan assets move in 2023? ▼
Steel Encounters, Inc. Profit Sharing Plan grew at a solid clip - up 14.8% during 2023, from $10M to $11M. Reported net income was $1M.
How have Steel Encounters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steel Encounters, Inc.'s sponsor-wide assets grew 21.3%, from $33M to $40M.
Which 401(k) plans are similar in size to Steel Encounters, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Metalcraft, Inc. Employees' Profit Sharing and Savings Plan in IA ($11M, 105 participants).
Which 401(k) plans cover a similar participant headcount to Steel Encounters, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teacher Synergy LLC 401(k) Plan in NY (231 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 870426368.

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.