401(k) · DOL Form 5500 · 2024

Schnitzer Steel Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$189M
Total assets
2,615
Participants
94th
Percentile by assets
$72,431
Avg per participant
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Official DOL plan name: Schnitzer Steel Industries, Inc. Retirement Plan · Sponsored by Schnitzer Steel Industries, Inc. · Oregon · Manufacturing

$189M in assets, 2,615 participants

Schnitzer Steel Industries, Inc.'s Schnitzer Steel Industries, Inc. Retirement Plan reported $189M in total assets and 2,615 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #16,179 in Manufacturing (17,777 peers)

Coverage in Oregon

Schnitzer Steel Industries, Inc. Retirement Plan covers 2,615 participants in Oregon, 5.9x the typical Oregon plan (state average ~443 per filing). Assets: $189M.

$189M
total plan assets (2024 EOY)
2,615
covered participants
94th
percentile by assets (of 123,622 plans)
$72,431
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schnitzer Steel Industries, Inc. Retirement Plan reported net income fell from $25M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Schnitzer Steel Industries, Inc. Retirement Plan end-of-year assets rose from $180M in the plan year 2023 filing to $189M in the plan year 2024 filing.
  • Schnitzer Steel Industries, Inc. Retirement Plan reported participants fell from 2,719 in the plan year 2023 filing to 2,615 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Oregon filers

In Oregon, the average filing covers about 443 participants across 1,736 plans. Schnitzer Steel Industries, Inc. Retirement Plan reports 2,615 participants - 5.9x that state average ($189M EOY assets).

Oregon filing particulars

Total Assets (Beginning of Year)$180M
Net Assets (End of Year)$189M
Net Income$9M
Employer EIN930341923
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schnitzer Steel Industries, Inc.)

$160M$170M$180M$190M$200M$210M 202220232024 $170M $202M ▲ +18.8%
Total plan assets by year, all Schnitzer Steel Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,733 $170M
2023 2 2,917 $194M
2024 2 2,642 $202M

Nearby 401(k) Plans in Oregon

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

Schnitzer Steel Industries, Inc. Retirement Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

Schnitzer Steel Industries, Inc. Retirement Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -202468 Total assets ($B) Participants Schnitzer Steel Indu…401(k) Savings and P…Daimler Truck North …Precision Castparts …Xpo Logistics Retire…Pacificorp K Plus Em…
Schnitzer Steel Industries, Inc. Retirement Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Schnitzer Steel Industries, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Schnitzer Steel Industries, Inc. Retirement Plan assets move in 2024?
Schnitzer Steel Industries, Inc. Retirement Plan edged up modestly - up 4.9% during 2024, from $180M to $189M. Reported net income was $9M.
How have Schnitzer Steel Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Schnitzer Steel Industries, Inc.'s sponsor-wide assets grew 18.8%, from $170M to $202M.
Where does Schnitzer Steel Industries, Inc. Retirement Plan rank by assets among Form 5500 filers?
Schnitzer Steel Industries, Inc. Retirement Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Schnitzer Steel Industries, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Smc Corporation Retirement Savings Plan in IN ($189M, 1,373 participants).

Next read for Schnitzer Steel Industries, Inc. Retirem…

Filing takeaways

Ways to act on Schnitzer Steel Industries, Inc. Retirement Plan's numbers.

  • By total assets, Schnitzer Steel Industries, Inc. Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Oregon. Compare plans
  • Schnitzer Steel Industries, Inc.'s sponsor-wide assets have grown 18.8% since 2022 across 3 plan years on file. More Manufacturing plans