401(k) · DOL Form 5500 · 2023

Steelcase, Inc. 401(k) Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
4,598
Participants Above avg headcount
99th
Percentile by assets National rank
$312,102
Avg per participant High balance/head
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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.

  • #18,379 in Manufacturing (18,722 peers)

Coverage in Michigan

Steelcase Inc. Retirement Plan covers 4,598 participants in Michigan, 7.2x the typical Michigan plan (state average ~638 per filing). Assets: $1.4B.

#18,379
in Manufacturing (18,722 peers)
+7.3%
assets growth YoY
14×
vs typical plan assets (national mean)

Steelcase Inc. Retirement Plan's outsized position by total assets

Steelcase Inc. Retirement Plan vs every filed plan by assets

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

$1,435,044,849 Top 1% higher than 99% 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

Steelcase Inc. Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steelcase Inc. Retirement Plan lands in the large band (4,598 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 380819050 · Steelcase, Inc. PY 2023 · 401(k)

Steelcase Inc. Retirement Plan · $1.4B · 4,598 · 99th

  • BOY $1.4B
  • BOY 4,598
  • BOY 99th
  • BOY 401(k)
  • BOY near Blue Shield of California Tax Deferred Salary Investment Plan
  • BOY ind #18379

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 →

Steelcase Inc. Retirement Plan in the asset neighbourhood

Steelcase Inc. Retirement PlanSteelcase Inc. Retirement Pl…$1.4BBlue Shield of California Tax Deferred Salary Investment PlanBlue Shield of California Ta…$1.4BJones Day Retirement Plan$1.4BServicenow, Inc. 401(k) Plan$1.4BStaples, Inc. Employees' 401(k) Savings PlanStaples, Inc. Employees' 401…$1.4B
End-of-year total assets ($B) among Steelcase Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.4B
Net Income$98M
Employer EIN380819050
Plan Effective Date1944-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steelcase, Inc.)

Sponsor-wide plan assets over time

All Steelcase, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 11.913335384958968% vs 2022
2024 filing year
$1.3B$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.34B $1.5B ▲ +11.9%
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 Scatter plot of 6 data points. 020000400006000080000 0510152025 Total assets ($B) Participants Steelcase Inc. Retirement Plan, Total assets ($B): 1.435044849 · Participants: 4598Steelcase Inc. Retirement 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
Steelcase Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Steelcase Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Blue Shield of California Tax Deferred Salary Investment Plan in CA ($1.4B); by covered participants it is Lawrence & Memorial Hospital 401(k) Plan in CT (4,599 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,598 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 Steelcase Inc. Retirement Plan assets move in 2023? ▼
Steelcase Inc. Retirement Plan grew at a solid clip - up 7.3% during 2023, from $1.3B to $1.4B. Reported net income was $98M.
How have Steelcase, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steelcase, Inc.'s sponsor-wide assets grew 11.9%, from $1.3B to $1.5B.
Where does Steelcase Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Steelcase Inc. Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Steelcase Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Blue Shield of California Tax Deferred Salary Investment Plan in CA ($1.4B, 7,821 participants).
Which 401(k) plans cover a similar participant headcount to Steelcase Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lawrence & Memorial Hospital 401(k) Plan in CT (4,599 participants, $332M in assets).