401(k) · DOL Form 5500 · 2023
Steelcase, Inc. 401(k) Plan
Data updated 2026-08-06
- $1.4B
- Total assets
- 4,598
- Participants
- 99th
- Percentile by assets
- $312,102
- Avg per participant
Official DOL plan name: Steelcase Inc. Retirement Plan · Sponsored by Steelcase, Inc. · Michigan · Manufacturing
$1.4B in assets, 4,598 participants
Steelcase, Inc.'s Steelcase Inc. Retirement Plan reported $1.4B in total assets and 4,598 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 126,618 plans)
- #18,329 in Manufacturing (18,672 peers)
Coverage in Michigan
Steelcase Inc. Retirement Plan covers 4,598 participants in Michigan, 7.3x the typical Michigan plan (state average ~632 per filing). Assets: $1.4B.
- $1.4B
- total plan assets (2023 EOY)
- 4,598
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $312,102
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Steelcase Inc. Retirement Plan reported net income rose from -$223M in the plan year 2022 filing to $98M in the plan year 2023 filing.
- Steelcase Inc. Retirement Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
- Steelcase Inc. Retirement Plan reported participants fell from 4,802 in the plan year 2022 filing to 4,598 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Steelcase Inc. Retirement Plan reports 4,598 participants - 7.3x that state average ($1.4B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | $98M |
| Employer EIN | 380819050 |
| Plan Effective Date | 1944-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Steelcase, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,802 | $1.3B |
| 2023 | 1 | 4,598 | $1.4B |
| 2024 | 1 | 4,280 | $1.5B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Steelcase Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Steelcase Inc. Retirement Plan by total assets, not by location.
- Blue Shield of California Tax Deferred Salary Investment Plan (CA) $1.4B · 7,821
- Jones Day Retirement Plan (OH) $1.4B · 926
- Staples, Inc. Employees' 401(k) Savings Plan (MA) $1.4B · 13,528
- Servicenow, Inc. 401(k) Plan (CA) $1.4B · 10,956
Frequently Asked Questions
How did Steelcase Inc. Retirement Plan assets move in 2023? ▼
How have Steelcase, Inc. plan assets changed over time? ▼
Where does Steelcase Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
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Next read for Steelcase Inc. Retirement Plan
Filing takeaways
Ways to act on Steelcase Inc. Retirement Plan's numbers.
- By total assets, Steelcase Inc. Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Steelcase, Inc.'s sponsor-wide assets have grown 11.9% since 2022 across 3 plan years on file. More Manufacturing plans