Defined Benefit (Pension) · DOL Form 5500 · 2023

Optimus Steel, LLC Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
53
Participants Small participant base
60th
Percentile by assets National rank
$202,129
Avg per participant Above avg balance/head
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Official DOL plan name: Optimus Steel Pension Plan · Sponsored by Optimus Steel, LLC · Texas · Manufacturing

$11M in assets, 53 participants

Optimus Steel, LLC's Optimus Steel Pension Plan reported $11M in total assets and 53 participants in its 2023 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.

  • #8,723 in Manufacturing (18,722 peers)

Optimus Steel, LLC multi-year trail

Optimus Steel, LLC's plans moved +35.0% in assets from 2022 to 2024; this filing shows Optimus Steel Pension Plan at $11M / 53 participants.

#8,723
in Manufacturing (18,722 peers)
+20.0%
assets growth YoY

Optimus Steel Pension Plan's mid-pack asset rank among Manufacturing and all filers

Optimus Steel Pension Plan vs every filed plan by assets

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

$10,712,847 Top 40% higher than 60% 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

Optimus Steel Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Optimus Steel Pension Plan is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Optimus Steel Pension Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Optimus Steel Pension Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Optimus Steel Pension Plan reported participants fell from 65 in the plan year 2022 filing to 53 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 824229324 · Optimus Steel, LLC PY 2023 · Defined Benefit (Pension)

Optimus Steel Pension Plan · $11M · 53 · 60th

  • BOY $11M
  • BOY 53
  • BOY 60th
  • BOY Defined Benefit (Pension)
  • BOY near Duncan Employees Security Plan
  • BOY ind #8723

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 Texas →

Optimus Steel Pension Plan in the asset neighbourhood

Azdel, Inc. Retirement Plan$11MOptimus Steel Pension Plan$11MDuncan Employees Security PlanDuncan Employees Security Pl…$11MLockheed Martin Corporation New Retirement Income Plan for Employees in Puerto RicoLockheed Martin Corporation …$11MColt Retirement Defined Benefit PlanColt Retirement Defined Bene…$11M
End-of-year total assets ($M) among Optimus Steel Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Optimus Steel, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Optimus Steel, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$25M 35.0264423104943% vs 2022
2024 filing year
$18M$20M$22M$24M$26M$28M 202220232024 $18.9M $25.5M ▲ +35.0%
Year Plans Participants Total Assets
2022 2 324 $19M
2023 2 298 $23M
2024 2 299 $25M

Optimus Steel, LLC filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN824229324
Plan Effective Date2018-03-31
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Optimus Steel Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Optimus Steel Pension Plan, Total assets ($B): 0.010712847 · Participants: 53Optimus Steel Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Optimus Steel Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Optimus Steel Pension Plan side-by-side with 3 peers →

Optimus Steel Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Duncan Employees Security Plan in IN ($11M); by covered participants it is IBEW Local 1799 Pension Fund in NY (53 participants). Same-state nearby plans are listed separately above.

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 Optimus Steel Pension Plan assets move in 2023? ▼
Optimus Steel Pension Plan grew sharply - up 20.0% during 2023, from $9M to $11M. Reported net income was $2M.
How have Optimus Steel, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Optimus Steel, LLC's sponsor-wide assets grew 35.0%, from $19M to $25M.
Which Defined Benefit (Pension) plans are similar in size to Optimus Steel Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duncan Employees Security Plan in IN ($11M, 124 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Optimus Steel Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is IBEW Local 1799 Pension Fund in NY (53 participants, $3M 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 824229324.

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.