401(k) · DOL Form 5500 · 2023
Gerdau Ameristeel US Inc. 401(k) Plan
Data updated 2026-08-11
- $678M
- Total assets
- 3,213
- Participants
- 98th
- Percentile by assets
- $211,051
- Avg per participant
Official DOL plan name: Gerdau Ameristeel US 401(k) Retirement Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing
$678M in assets, 3,213 participants
Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US 401(k) Retirement Plan reported $678M in total assets and 3,213 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #18,105 in Manufacturing (18,722 peers)
Coverage in Florida
Gerdau Ameristeel US 401(k) Retirement Plan covers 3,213 participants in Florida, 5.1x the typical Florida plan (state average ~628 per filing). Assets: $678M.
- $678M
- total plan assets (2023 EOY)
- 3,213
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $211,051
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gerdau Ameristeel US 401(k) Retirement Plan reported net income rose from -$136M in the plan year 2022 filing to $98M in the plan year 2023 filing.
- Gerdau Ameristeel US 401(k) Retirement Plan end-of-year assets rose from $579M in the plan year 2022 filing to $678M in the plan year 2023 filing.
- Gerdau Ameristeel US 401(k) Retirement Plan reported participants rose from 3,089 in the plan year 2022 filing to 3,213 in the plan year 2023 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Gerdau Ameristeel US 401(k) Retirement Plan reports 3,213 participants - 5.1x that state average ($678M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $579M |
|---|---|
| Net Assets (End of Year) | $678M |
| Net Income | $98M |
| Employer EIN | 590792436 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gerdau Ameristeel US Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 3,953 | $812M |
| 2023 | 4 | 3,905 | $780M |
| 2024 | 3 | 3,547 | $842M |
Nearby 401(k) Plans in Florida
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Gerdau Ameristeel US 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants
- L3harris Retirement Savings Plan $15.4B · 40,665
- Savings Plan for Employees and Partners of Pwc $11.3B · 50,817
- Adp Totalsource Retirement Savings Plan $8.0B · 308,867
- Trinet 401(k) Plan $7.0B · 157,945
- Publix Super Markets, Inc. 401(k) Smart Plan $6.6B · 184,674
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gerdau Ameristeel US 401(k) Retirement Plan by total assets, not by location.
- Agco Corporation Savings Plan (GA) $678M · 4,541
- Arconic Corp. Hourly 401(k) Plan (PA) $678M · 6,136
- Adm 401(k) and Employee Stock Ownership Plan for Hourly Employees (IL) $678M · 10,114
- The Cultural Institutions Savings Plan (NY) $678M · 7,978
Frequently Asked Questions
How did Gerdau Ameristeel US 401(k) Retirement Plan assets move in 2023? ▼
How have Gerdau Ameristeel US Inc. plan assets changed over time? ▼
Where does Gerdau Ameristeel US 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Gerdau Ameristeel US 401(k) Retirement Plan's numbers.
- By total assets, Gerdau Ameristeel US 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
- Gerdau Ameristeel US Inc.'s sponsor-wide assets have grown 3.6% since 2022 across 3 plan years on file. More Manufacturing plans