Defined Benefit (Pension) · DOL Form 5500 · 2023

Spartanburg Steel Products, Inc. Pension Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
52
Participants Small participant base
62nd
Percentile by assets National rank
$222,144
Avg per participant Above avg balance/head
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Official DOL plan name: Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees · Sponsored by Spartanburg Steel Products, Inc. · South Carolina · Manufacturing

$12M in assets, 52 participants

Spartanburg Steel Products, Inc.'s Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees reported $12M in total assets and 52 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,114 in Manufacturing (18,722 peers)

Spartanburg Steel Products, Inc. multi-year trail

Spartanburg Steel Products, Inc.'s plans moved -37.4% in assets from 2022 to 2024; this filing shows Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees at $12M / 52 participants.

#9,114
in Manufacturing (18,722 peers)
+16.8%
assets growth YoY

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees's mid-pack asset rank among Manufacturing and all filers

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees vs every filed plan by assets

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

$11,551,470 Top 38% higher than 62% 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

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees is a small filing (52 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees reported net income rose from -$35K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees reported participants fell from 53 in the plan year 2022 filing to 52 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 311039895 · Spartanburg Steel Products, Inc. PY 2023 · Defined Benefit (Pension)

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees · $12M · 52 · 62nd

  • PHOTO $12M
  • IND 52
  • EOY 62nd
  • 5500 Defined Benefit (Pension)
  • ASSETS near Newtown Savings Bank Defined Benefit Pension Plan
  • PCT ind #9114

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 South Carolina →

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees in the asset neighbourhood

Amersham Health Inc. Puerto Rico Pension PlanAmersham Health Inc. Puerto …$12MSpartanburg Steel Products, Inc. Retirement Plan for Salaried EmployeesSpartanburg Steel Products, …$12MNewtown Savings Bank Defined Benefit Pension PlanNewtown Savings Bank Defined…$12MTransitional Services for New York, Inc. Defined Benefit PlanTransitional Services for Ne…$12MThe Eastern Company Pension Plan for Hourly-Rated EmployeesThe Eastern Company Pension …$12M
End-of-year total assets ($M) among Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Spartanburg Steel Products, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Spartanburg Steel Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 37.392699615334315% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $23.7M $14.8M ▼ -37.4%
Year Plans Participants Total Assets
2022 4 514 $24M
2023 4 540 $27M
2024 2 362 $15M

Spartanburg Steel Products, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN311039895
Plan Effective Date1999-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in South Carolina

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

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -1012345 Total assets ($B) Participants Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees, Total assets ($B): 0.01155147 · Participants: 52Spartanburg Steel Products, Inc. Retirement Plan for Salaried EmployeesThe Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan, Total assets ($B): 3.899009456 · Participants: 2016The Savannah River Nuclear Solutions, LLC Multiple Employer Pension PlanMichelin Retirement Plan, Total assets ($B): 2.233685106 · Participants: 3743Michelin Retirement PlanNon-Contributory Retirement Program for Certain Empl of Bcbssc, Total assets ($B): 1.20607382 · Participants: 4344Non-Contributory Retirement Program for Certain Empl of BcbsscLegacy Ghs/Tuomey Pension Plan, Total assets ($B): 0.610784456 · Participants: 3346Legacy Ghs/Tuomey Pension PlanKennametal Inc. Retirement Income Plan, Total assets ($B): 0.540622439 · Participants: 563Kennametal Inc. Retirement Income Plan
Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Newtown Savings Bank Defined Benefit Pension Plan in CT ($12M); by covered participants it is Retirement Income Plan for Employees of Edison Electric Institute in DC (52 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 Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees assets move in 2023?
Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees grew sharply - up 16.8% during 2023, from $10M to $12M. Reported net income was $2M.
How have Spartanburg Steel Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spartanburg Steel Products, Inc.'s sponsor-wide assets declined 37.4%, from $24M to $15M.
Which Defined Benefit (Pension) plans are similar in size to Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Newtown Savings Bank Defined Benefit Pension Plan in CT ($12M, 51 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Income Plan for Employees of Edison Electric Institute in DC (52 participants, $130M in assets).