401(k) · DOL Form 5500 · 2024

Steel Encounters, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
224
Participants Below avg headcount
60th
Percentile by assets National rank
$53,712
Avg per participant Low balance/head
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Official DOL plan name: Steel Encounters, Inc. Profit Sharing Plan · Sponsored by Steel Encounters, Inc. · Utah · Construction

$12M in assets, 224 participants

Steel Encounters, Inc.'s Steel Encounters, Inc. Profit Sharing Plan reported $12M in total assets and 224 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.

  • #5,252 in Construction (9,039 peers)

Coverage in Utah

Steel Encounters, Inc. Profit Sharing Plan covers 224 participants in Utah, about 38% of the average Utah filer (state average ~592 per filing). Assets: $12M.

#5,252
in Construction (9,039 peers)
+8.4%
assets growth YoY

Steel Encounters, Inc. Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Steel Encounters, Inc. Profit Sharing Plan vs every filed plan by assets

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

$12,031,505 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

Steel Encounters, Inc. Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steel Encounters, Inc. Profit Sharing Plan sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steel Encounters, Inc. Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $930K in the plan year 2024 filing.
  • Steel Encounters, Inc. Profit Sharing Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Steel Encounters, Inc. Profit Sharing Plan reported participants fell from 231 in the plan year 2023 filing to 224 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 870426368 · Steel Encounters, Inc. PY 2024 · 401(k)

Steel Encounters, Inc. Profit Sharing Plan · $12M · 224 · 60th

  • EIN $12M
  • RANK 224
  • PHOTO 60th
  • IND 401(k)
  • EOY near Atas International, Inc. 401(k) Profit Sharing Plan
  • 5500 ind #5252

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 Utah →

Steel Encounters, Inc. Profit Sharing Plan in the asset neighbourhood

Steel Encounters, Inc. Profit Sharing PlanSteel Encounters, Inc. Profi…$12MAtas International, Inc. 401(k) Profit Sharing PlanAtas International, Inc. 401…$12MLand Mark Electric, Inc. 401(k) PlanLand Mark Electric, Inc. 401…$12MWindings, Inc. 401(k) Salary Savings & Retirement PlanWindings, Inc. 401(k) Salary…$12M401(k) Profit Sharing Plan for Employees of West Bay Residential Services, Inc.401(k) Profit Sharing Plan f…$12M
End-of-year total assets ($M) among Steel Encounters, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$930K
Employer EIN870426368
Plan Effective Date1987-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steel Encounters, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$40M 21.32379446531317% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.9M $40M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 245 $33M
2023 2 453 $39M
2024 2 452 $40M

Nearby 401(k) Plans in Utah

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

Steel Encounters, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Steel Encounters, Inc. Profit Sharing Plan, Total assets ($B): 0.012031505 · Participants: 224Steel Encounters, Inc. Profit Sharing PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Steel Encounters, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Steel Encounters, Inc. Profit Sharing Plan side-by-side with 3 peers →

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

Outside Utah, the nearest 401(k) by assets is Atas International, Inc. 401(k) Profit Sharing Plan in PA ($12M); by covered participants it is Ideal Ready Mix Company 401(k) Plan in IA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 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 Steel Encounters, Inc. Profit Sharing Plan assets move in 2024? ▼
Steel Encounters, Inc. Profit Sharing Plan grew at a solid clip - up 8.4% during 2024, from $11M to $12M. Reported net income was $930K.
How have Steel Encounters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steel Encounters, Inc.'s sponsor-wide assets grew 21.3%, from $33M to $40M.
Which 401(k) plans are similar in size to Steel Encounters, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Atas International, Inc. 401(k) Profit Sharing Plan in PA ($12M, 167 participants).
Which 401(k) plans cover a similar participant headcount to Steel Encounters, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ideal Ready Mix Company 401(k) Plan in IA (224 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 870426368.

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.