401(k) · DOL Form 5500 · 2024

Reliance, Inc. 401(k) Plan

Data updated 2026-08-11

$371M
Total assets
1,513
Participants
96th
Percentile by assets
$245,087
Avg per participant
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Official DOL plan name: Precision Strip Retirement and Savings Plan · Sponsored by Reliance, Inc. · Arizona · Manufacturing

$371M in assets, 1,513 participants

Reliance, Inc.'s Precision Strip Retirement and Savings Plan reported $371M in total assets and 1,513 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,773 in Manufacturing (17,777 peers)

Coverage in Arizona

Precision Strip Retirement and Savings Plan covers 1,513 participants in Arizona, 2.7x the typical Arizona plan (state average ~564 per filing). Assets: $371M.

$371M
total plan assets (2024 EOY)
1,513
covered participants
96th
percentile by assets (of 123,622 plans)
$245,087
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Precision Strip Retirement and Savings Plan reported net income fell from $56M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Precision Strip Retirement and Savings Plan end-of-year assets rose from $335M in the plan year 2023 filing to $371M in the plan year 2024 filing.
  • Precision Strip Retirement and Savings Plan reported participants rose from 1,414 in the plan year 2023 filing to 1,513 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Precision Strip Retirement and Savings Plan reports 1,513 participants - 2.7x that state average ($371M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$335M
Net Assets (End of Year)$371M
Net Income$36M
Employer EIN341207681
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reliance, Inc.)

$250M$300M$350M$400M 202220232024 $279M $371M ▲ +33.0%
Total plan assets by year, all Reliance, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,334 $279M
2023 1 1,414 $335M
2024 1 1,513 $371M

Nearby 401(k) Plans in Arizona

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

Precision Strip Retirement and Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Precision Strip Retirement and Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 02468 Total assets ($B) Participants Precision Strip Reti…Bechtel Trust & Thri…Banner Health Employ…Freeport-Mcmoran Inc…Republic Services, I…Stantec 401(k) Plan
Precision Strip Retirement and Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Precision Strip Retirement and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Precision Strip Retirement and Savings Plan assets move in 2024?
Precision Strip Retirement and Savings Plan grew at a solid clip - up 10.7% during 2024, from $335M to $371M. Reported net income was $36M.
How have Reliance, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Reliance, Inc.'s sponsor-wide assets grew 33.0%, from $279M to $371M.
Where does Precision Strip Retirement and Savings Plan rank by assets among Form 5500 filers?
Precision Strip Retirement and Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Precision Strip Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Nabors Industries, Inc. Retirement Savings Plan in TX ($371M, 4,265 participants).

Next read for Precision Strip Retirement and Savings P…

Filing takeaways

Ways to act on Precision Strip Retirement and Savings Plan's numbers.