401(k) · DOL Form 5500 · 2024

Midwest Steel, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
70
Participants Small participant base
60th
Percentile by assets National rank
$176,882
Avg per participant Above avg balance/head
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Official DOL plan name: Midwest Steel, Inc. 401(k) Plan · Sponsored by Midwest Steel, Inc. · Michigan · Construction

$12M in assets, 70 participants

Midwest Steel, Inc.'s Midwest Steel, Inc. 401(k) Plan reported $12M in total assets and 70 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #5,317 in Construction (9,039 peers)

Midwest Steel, Inc. multi-year trail

Midwest Steel, Inc.'s plans moved +29.5% in assets from 2022 to 2024; this filing shows Midwest Steel, Inc. 401(k) Plan at $12M / 70 participants.

#5,317
in Construction (9,039 peers)
+8.7%
assets growth YoY

Midwest Steel, Inc. 401(k) Plan's mid-pack asset rank among Construction and all filers

Midwest Steel, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,381,766 Top 40% higher than 60% of 123,620 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 2024

Midwest Steel, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Steel, Inc. 401(k) Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midwest Steel, Inc. 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $989K in the plan year 2024 filing.
  • Midwest Steel, Inc. 401(k) Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Midwest Steel, Inc. 401(k) Plan reported participants rose from 69 in the plan year 2023 filing to 70 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 522351484 · Midwest Steel, Inc. PY 2024 · 401(k)

Midwest Steel, Inc. 401(k) Plan · $12M · 70 · 60th

  • EIN $12M
  • RANK 70
  • PHOTO 60th
  • IND 401(k)
  • EOY near Daybreak Foods Inc 401(k) Plan
  • 5500 ind #5317

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 Construction retirement plans → · Plans in Michigan →

Midwest Steel, Inc. 401(k) Plan in the asset neighbourhood

Midwest Steel, Inc. 401(k) PlanMidwest Steel, Inc. 401(k) P…$12MDaybreak Foods Inc 401(k) PlanDaybreak Foods Inc 401(k) Pl…$12MEyesight Holding Co., LLC 401(k) PlanEyesight Holding Co., LLC 40…$12MEast Lawn Affiliates Profit Sharing PlanEast Lawn Affiliates Profit …$12MWb&t Bankshares, Inc. 401(k) PlanWb&t Bankshares, Inc. 401(k)…$12M
End-of-year total assets ($M) among Midwest Steel, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Midwest Steel, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Midwest Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 29.50437856909914% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $9.56M $12.4M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 67 $10M
2023 1 69 $11M
2024 1 70 $12M

Midwest Steel, Inc. filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$989K
Employer EIN522351484
Plan Effective Date2001-11-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Midwest Steel, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Midwest Steel, Inc. 401(k) Plan, Total assets ($B): 0.012381766 · Participants: 70Midwest Steel, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Midwest Steel, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Midwest Steel, Inc. 401(k) Plan side-by-side with 3 peers →

Midwest Steel, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Daybreak Foods Inc 401(k) Plan in WI ($12M); by covered participants it is Revenir Energy Services LLC 401(k) Plan in CO (70 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (70 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Midwest Steel, Inc. 401(k) Plan assets move in 2024? ▼
Midwest Steel, Inc. 401(k) Plan grew at a solid clip - up 8.7% during 2024, from $11M to $12M. Reported net income was $989K.
How have Midwest Steel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Steel, Inc.'s sponsor-wide assets grew 29.5%, from $10M to $12M.
Which 401(k) plans are similar in size to Midwest Steel, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Daybreak Foods Inc 401(k) Plan in WI ($12M, 677 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Steel, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Revenir Energy Services LLC 401(k) Plan in CO (70 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 522351484.

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.