401(k) · DOL Form 5500 · 2023
Alro Steel Corporation 401(k) Plan
Data updated 2026-08-25
- $470M
- Total assets Above avg plan size
- 2,948
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $159,469
- Avg per participant Above avg balance/head
Official DOL plan name: Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade
$470M in assets, 2,948 participants
Alro Steel Corporation's Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported $470M in total assets and 2,948 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #6,201 in Wholesale Trade (6,309 peers)
Coverage in Michigan
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan covers 2,948 participants in Michigan, 4.6x the typical Michigan plan (state average ~638 per filing). Assets: $470M.
- #6,201
- in Wholesale Trade (6,309 peers)
- +15.3%
- assets growth YoY
- 4.7×
- vs typical plan assets (national mean)
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan's outsized position by total assets
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$470,114,789 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Alro Steel Corporation and Subsidiaries Retirement/401(k) 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. Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan lands in the large band (2,948 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported net income rose from $953K in the plan year 2022 filing to $60M in the plan year 2023 filing.
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan end-of-year assets rose from $408M in the plan year 2022 filing to $470M in the plan year 2023 filing.
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported participants rose from 2,885 in the plan year 2022 filing to 2,948 in the plan year 2023 filing.
DOL schedule card
Filing strip 381300597 · Alro Steel Corporation PY 2023 · 401(k)
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan · $470M · 2,948 · 97th
- IND $470M
- IND 2,948
- IND 97th
- IND 401(k)
- IND near Johnson Matthey Inc. Salaried Employees Savings Investment Plan
- IND ind #6201
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 Wholesale Trade retirement plans → · Plans in Michigan →
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $408M |
|---|---|
| Net Assets (End of Year) | $470M |
| Net Income | $60M |
| Employer EIN | 381300597 |
| Plan Effective Date | 1957-05-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Alro Steel Corporation)
Sponsor-wide plan assets over time
All Alro Steel Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $550M 24.193641584436318% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 6,123 | $443M |
| 2023 | 4 | 6,204 | $506M |
| 2024 | 4 | 6,438 | $550M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Johnson Matthey Inc. Salaried Employees Savings Investment Plan in PA ($470M); by covered participants it is Pmhg 401(k) Plan in MD (2,949 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($470M here).
- Johnson Matthey Inc. Salaried Employees Savings Investment Plan (PA) $470M · 1,912
- The Kleinfelder Group, Inc. 401(k) Plan (CA) $470M · 2,474
- Holland & Hart Retirement Savings Plan (CO) $471M · 1,093
- Nice Systems, Inc. 401(k) Plan (NJ) $469M · 3,211
Similar participant headcount
Nearest other-state filings by covered participants (2,948 participants); asset peers above are excluded.
- Pmhg 401(k) Plan (MD) 2,949 · 1 off
- Tecomet 401(k) Plan (MA) 2,949 · 1 off
- Covanta Energy Savings Plan (NJ) 2,945 · 3 off
- Per Mar Security and Research Corp. 401(k) Plan (IA) 2,951 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.