401(k) · DOL Form 5500 · 2024

Steinway Musical Instruments, Inc. 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
182
Participants Below avg headcount
84th
Percentile by assets National rank
$261,651
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries · Sponsored by Steinway Musical Instruments, Inc. · New York · Manufacturing

$48M in assets, 182 participants

Steinway Musical Instruments, Inc.'s Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries reported $48M in total assets and 182 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #13,627 in Manufacturing (17,777 peers)

Coverage in New York

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries covers 182 participants in New York, about 23% of the average New York filer (state average ~798 per filing). Assets: $48M.

#13,627
in Manufacturing (17,777 peers)
+12.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries's outsized position by total assets

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries vs every filed plan by assets

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

$47,620,392 Top 16% higher than 84% 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

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries 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. Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries sits mid-pack in the medium band (182 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries end-of-year assets rose from $42M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries reported participants fell from 191 in the plan year 2023 filing to 182 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 351910745 · Steinway Musical Instruments, Inc. PY 2024 · 401(k)

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries · $48M · 182 · 84th

  • PCT $48M
  • EIN 182
  • RANK 84th
  • PHOTO 401(k)
  • IND near Prosus 401(k) Plan
  • EOY ind #13627

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 New York →

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries in the asset neighbourhood

Alternate Solutions Healthcare System, Inc. 401(k)Alternate Solutions Healthca…$48MSavings Plan for Employees of Steinway Musical Instruments, Inc. and SubsidiariesSavings Plan for Employees o…$48MProsus 401(k) Plan$48MEncore Rehabilitation, Inc 401(k) PlanEncore Rehabilitation, Inc 4…$48MVls Environmental Solutions LLC 401(k) Profit Sharing Plan and TVls Environmental Solutions …$48M
End-of-year total assets ($M) among Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$48M
Net Income$5M
Employer EIN351910745
Plan Effective Date1985-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steinway Musical Instruments, Inc.)

Sponsor-wide plan assets over time

All Steinway Musical Instruments, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$109M 17.05514524795127% vs 2022
2024 filing year
$90M$95M$100M$105M$110M$115M 202220232024 $92.8M $109M ▲ +17.1%
Year Plans Participants Total Assets
2022 2 266 $93M
2023 2 283 $108M
2024 2 261 $109M

Nearby 401(k) Plans in New York

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

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries, Total assets ($B): 0.047620392 · Participants: 182Savings Plan for Employees of Steinway Musical Instruments, Inc. and SubsidiariesIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries vs. nearby 401(k) plans in New York, assets vs. participants

Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Prosus 401(k) Plan in CA ($48M); by covered participants it is Fortis Lux Advantage 401(k) in FL (182 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries assets move in 2024?
Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries grew at a solid clip - up 12.1% during 2024, from $42M to $48M. Reported net income was $5M.
How have Steinway Musical Instruments, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Steinway Musical Instruments, Inc.'s sponsor-wide assets grew 17.1%, from $93M to $109M.
Where does Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries rank by assets among Form 5500 filers?
Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries ranks in the 84th 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 Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries?
Among 401(k) plans in other states, the closest by assets is Prosus 401(k) Plan in CA ($48M, 270 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries?
Among 401(k) plans in other states, the closest by covered participants is Fortis Lux Advantage 401(k) in FL (182 participants, $2M in assets).