401(k) · DOL Form 5500 · 2023

Gerdau Ameristeel US Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
185
Participants Below avg headcount
86th
Percentile by assets National rank
$292,740
Avg per participant High balance/head
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Official DOL plan name: Gerdau Ameristeel US Savings Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$54M in assets, 185 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US Savings Plan reported $54M in total assets and 185 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #15,004 in Manufacturing (18,722 peers)

Coverage in Florida

Gerdau Ameristeel US Savings Plan covers 185 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $54M.

#15,004
in Manufacturing (18,722 peers)
+3.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Gerdau Ameristeel US Savings Plan's outsized position by total assets

Gerdau Ameristeel US Savings Plan vs every filed plan by assets

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

$54,156,971 Top 14% higher than 86% 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

Gerdau Ameristeel US Savings 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. Gerdau Ameristeel US Savings Plan sits mid-pack in the medium band (185 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gerdau Ameristeel US Savings Plan reported net income rose from -$20M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Gerdau Ameristeel US Savings Plan reported participants fell from 200 in the plan year 2022 filing to 185 in the plan year 2023 filing.
  • Gerdau Ameristeel US Savings Plan end-of-year assets rose from $52M in the plan year 2022 filing to $54M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 590792436 · Gerdau Ameristeel US Inc. PY 2023 · 401(k)

Gerdau Ameristeel US Savings Plan · $54M · 185 · 86th

  • EBSA $54M
  • EBSA 185
  • EBSA 86th
  • EBSA 401(k)
  • EBSA near Northpoint Development, LLC 401(k) Safe Harbor Plan
  • EBSA ind #15004

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 Florida →

Gerdau Ameristeel US Savings Plan in the asset neighbourhood

Mindpath Health Retirement PlanMindpath Health Retirement P…$54MGerdau Ameristeel US Savings PlanGerdau Ameristeel US Savings…$54MNorthpoint Development, LLC 401(k) Safe Harbor PlanNorthpoint Development, LLC …$54MStellar Bank Retirement Plan$54MMutual of Omaha Mortgage 401(k) PlanMutual of Omaha Mortgage 401…$54M
End-of-year total assets ($M) among Gerdau Ameristeel US Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$54M
Net Income$2M
Employer EIN590792436
Plan Effective Date1968-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gerdau Ameristeel US Inc.)

Sponsor-wide plan assets over time

All Gerdau Ameristeel US Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$842M 3.6293955758222785% vs 2022
2024 filing year
$760M$780M$800M$820M$840M$860M 202220232024 $812M $842M ▲ +3.6%
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 Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Gerdau Ameristeel US Savings Plan, Total assets ($B): 0.054156971 · Participants: 185Gerdau Ameristeel US Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Gerdau Ameristeel US Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US Savings Plan side-by-side with 3 peers →

Gerdau Ameristeel US Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Northpoint Development, LLC 401(k) Safe Harbor Plan in MO ($54M); by covered participants it is Aerie Pharmaceuticals 401(k) Plan in TX (185 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($54M here).

Similar participant headcount

Nearest other-state filings by covered participants (185 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 Gerdau Ameristeel US Savings Plan assets move in 2023? ▼
Gerdau Ameristeel US Savings Plan edged up modestly - up 3.8% during 2023, from $52M to $54M. Reported net income was $2M.
How have Gerdau Ameristeel US Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gerdau Ameristeel US Inc.'s sponsor-wide assets grew 3.6%, from $812M to $842M.
Where does Gerdau Ameristeel US Savings Plan rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US Savings Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gerdau Ameristeel US Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Northpoint Development, LLC 401(k) Safe Harbor Plan in MO ($54M, 1,083 participants).
Which 401(k) plans cover a similar participant headcount to Gerdau Ameristeel US Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aerie Pharmaceuticals 401(k) Plan in TX (185 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 590792436.

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.