401(k) · DOL Form 5500 · 2024

Kenwal Steel Corporation 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
302
Participants Below avg headcount
81st
Percentile by assets National rank
$128,729
Avg per participant Near avg balance/head
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Official DOL plan name: Kenwal Group Retirement Savings Plan · Sponsored by Kenwal Steel Corporation · Michigan · Manufacturing

$39M in assets, 302 participants

Kenwal Steel Corporation's Kenwal Group Retirement Savings Plan reported $39M in total assets and 302 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,058 in Manufacturing (17,777 peers)

Coverage in Michigan

Kenwal Group Retirement Savings Plan covers 302 participants in Michigan, about 47% of the average Michigan filer (state average ~638 per filing). Assets: $39M.

#13,058
in Manufacturing (17,777 peers)
+3.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Kenwal Group Retirement Savings Plan's outsized position by total assets

Kenwal Group Retirement Savings Plan vs every filed plan by assets

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

$38,876,156 Top 19% higher than 81% 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

Kenwal Group Retirement Savings 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. Kenwal Group Retirement Savings Plan sits mid-pack in the medium band (302 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kenwal Group Retirement Savings Plan reported net income fell from $6M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Kenwal Group Retirement Savings Plan end-of-year assets rose from $38M in the plan year 2023 filing to $39M in the plan year 2024 filing.
  • Kenwal Group Retirement Savings Plan reported participants rose from 297 in the plan year 2023 filing to 302 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 381292661 · Kenwal Steel Corporation PY 2024 · 401(k)

Kenwal Group Retirement Savings Plan · $39M · 302 · 81st

  • TYPE $39M
  • NET 302
  • BOOK 81st
  • VS-ST 401(k)
  • BOY near Anika Therapeutics, Inc. 401(k) Plan
  • SCH ind #13058

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 Michigan →

Kenwal Group Retirement Savings Plan in the asset neighbourhood

Kenwal Group Retirement Savings PlanKenwal Group Retirement Savi…$39MAnika Therapeutics, Inc. 401(k) PlanAnika Therapeutics, Inc. 401…$39MAmerican Tank & Vessel, Inc. 401(k) Retirement PlanAmerican Tank & Vessel, Inc.…$39MMidwest Tape, LLC 401(k) Profit Sharing PlanMidwest Tape, LLC 401(k) Pro…$39MAnimal Supply Company LLC 401(k) Retirement PlanAnimal Supply Company LLC 40…$39M
End-of-year total assets ($M) among Kenwal Group Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$39M
Net Income$1M
Employer EIN381292661
Plan Effective Date1983-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kenwal Steel Corporation)

Sponsor-wide plan assets over time

All Kenwal Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$39M 20.86892331485827% vs 2022
2024 filing year
$30M$35M$40M 202220232024 $32.2M $38.9M ▲ +20.9%
Year Plans Participants Total Assets
2022 1 289 $32M
2023 1 297 $38M
2024 1 302 $39M

Nearby 401(k) Plans in Michigan

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

Kenwal Group Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Kenwal Group Retirement Savings Plan, Total assets ($B): 0.038876156 · Participants: 302Kenwal Group Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Kenwal Group Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Kenwal Group Retirement Savings Plan side-by-side with 3 peers →

Kenwal Group Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Anika Therapeutics, Inc. 401(k) Plan in MA ($39M); by covered participants it is Sunworks 401(k) Plan & Trust in DE (302 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (302 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 Kenwal Group Retirement Savings Plan assets move in 2024? ▼
Kenwal Group Retirement Savings Plan edged up modestly - up 3.1% during 2024, from $38M to $39M. Reported net income was $1M.
How have Kenwal Steel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kenwal Steel Corporation's sponsor-wide assets grew 20.9%, from $32M to $39M.
Where does Kenwal Group Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Kenwal Group Retirement Savings Plan ranks in the 81st 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 Kenwal Group Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Anika Therapeutics, Inc. 401(k) Plan in MA ($39M, 311 participants).
Which 401(k) plans cover a similar participant headcount to Kenwal Group Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunworks 401(k) Plan & Trust in DE (302 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 381292661.

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.