401(k) · DOL Form 5500 · 2024

Rommesmo Companies 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
750
Participants Near avg headcount
86th
Percentile by assets National rank
$76,677
Avg per participant Below avg balance/head
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Official DOL plan name: The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan · Sponsored by Rommesmo Companies · North Dakota · Manufacturing

$58M in assets, 750 participants

Rommesmo Companies's The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan reported $58M in total assets and 750 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,141 in Manufacturing (17,777 peers)

Where The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits by assets

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $58M for 750 participants (~$76,677/participant), up 11.7% in 2024.

#14,141
in Manufacturing (17,777 peers)
+11.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan's outsized position by total assets

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs every filed plan by assets

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

$57,507,778 Top 14% higher than 86% 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

The Truenorth Steel and Affiliates 401(k) 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. The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan sits mid-pack in the medium band (750 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan reported net income fell from $10M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan end-of-year assets rose from $52M in the plan year 2023 filing to $58M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 113664772 · Rommesmo Companies PY 2024 · 401(k)

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan · $58M · 750 · 86th

  • NET $58M
  • NET 750
  • NET 86th
  • NET 401(k)
  • NET near Paperworks Industries, Inc. Savings Plan
  • NET ind #14141

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 North Dakota →

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan in the asset neighbourhood

The Truenorth Steel and Affiliates 401(k) Profit Sharing PlanThe Truenorth Steel and Affi…$58MPaperworks Industries, Inc. Savings PlanPaperworks Industries, Inc. …$58MK.L.N. Enterprises, Inc. 401(k) Salary Reduction Plan & TrustK.L.N. Enterprises, Inc. 401…$58MWashington Township Medical Group, Inc. 401(k) PlanWashington Township Medical …$58MJim Beam Brands Company Union 401(k) PlanJim Beam Brands Company Unio…$57M
End-of-year total assets ($M) among The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$58M
Net Income$6M
Employer EIN113664772
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rommesmo Companies)

Sponsor-wide plan assets over time

All Rommesmo Companies plans reported in each filing year

Latest sponsor-wide plan assets
$58M 38.02178317977707% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.7M $57.5M ▲ +38.0%
Year Plans Participants Total Assets
2022 1 618 $42M
2023 1 745 $52M
2024 1 750 $58M

Nearby 401(k) Plans in North Dakota

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

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan, Total assets ($B): 0.057507778 · Participants: 750The Truenorth Steel and Affiliates 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Paperworks Industries, Inc. Savings Plan in PA ($58M); by covered participants it is Limbach Facility Services LLC 401(k) Savings Plan in PA (750 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (750 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 The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan assets move in 2024? ▼
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan grew at a solid clip - up 11.7% during 2024, from $52M to $58M. Reported net income was $6M.
How have Rommesmo Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rommesmo Companies's sponsor-wide assets grew 38.0%, from $42M to $58M.
Where does The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paperworks Industries, Inc. Savings Plan in PA ($58M, 736 participants).
Which 401(k) plans cover a similar participant headcount to The Truenorth Steel and Affiliates 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Limbach Facility Services LLC 401(k) Savings Plan in PA (750 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 113664772.

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.