Defined Benefit (Pension) · DOL Form 5500 · 2024

Sandmeyer Steel Company Pension Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
98
Participants Small participant base
76th
Percentile by assets National rank
$276,471
Avg per participant High balance/head
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Official DOL plan name: Sandmeyer Steel Company Employees' Pension Plan · Sponsored by Sandmeyer Steel Company · Pennsylvania · Manufacturing

$27M in assets, 98 participants

Sandmeyer Steel Company's Sandmeyer Steel Company Employees' Pension Plan reported $27M in total assets and 98 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #11,842 in Manufacturing (17,777 peers)

Where Sandmeyer Steel Company Employees' Pension Plan sits by assets

Sandmeyer Steel Company Employees' Pension Plan sits in the top quartile of all filed plans by assets, $27M for 98 participants (~$276,471/participant), up 8.7% in 2024.

#11,842
in Manufacturing (17,777 peers)
+8.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sandmeyer Steel Company Employees' Pension Plan's outsized position by total assets

Sandmeyer Steel Company Employees' Pension Plan vs every filed plan by assets

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

$27,094,206 Top 24% higher than 76% 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

Sandmeyer Steel Company Employees' Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sandmeyer Steel Company Employees' Pension Plan is a small filing (98 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sandmeyer Steel Company Employees' Pension Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sandmeyer Steel Company Employees' Pension Plan end-of-year assets rose from $25M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Sandmeyer Steel Company Employees' Pension Plan reported participants fell from 105 in the plan year 2023 filing to 98 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 231527381 · Sandmeyer Steel Company PY 2024 · Defined Benefit (Pension)

Sandmeyer Steel Company Employees' Pension Plan · $27M · 98 · 76th

  • PHOTO $27M
  • IND 98
  • EOY 76th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Sbera Pension Plan as Adopted by Eagle Bank
  • PCT ind #11842

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 Pennsylvania →

Sandmeyer Steel Company Employees' Pension Plan in the asset neighbourhood

Interstate Batteries Employees Pension PlanInterstate Batteries Employe…$27MPhysicians Mutual Insurance Company Pension and Benefit PlanPhysicians Mutual Insurance …$27MSandmeyer Steel Company Employees' Pension PlanSandmeyer Steel Company Empl…$27MSbera Pension Plan as Adopted by Eagle BankSbera Pension Plan as Adopte…$27MAndersen Pension Plan$27M
End-of-year total assets ($M) among Sandmeyer Steel Company Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$27M
Net Income$2M
Employer EIN231527381
Plan Effective Date1969-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sandmeyer Steel Company)

Sponsor-wide plan assets over time

All Sandmeyer Steel Company plans reported in each filing year

Latest sponsor-wide plan assets
$56M 24.97884792005774% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $44.8M $56M ▲ +25.0%
Year Plans Participants Total Assets
2022 2 202 $45M
2023 2 192 $51M
2024 2 185 $56M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sandmeyer Steel Company Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sandmeyer Steel Company Employees' Pension Plan, Total assets ($B): 0.027094206 · Participants: 98Sandmeyer Steel Company Employees' Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Sandmeyer Steel Company Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Sandmeyer Steel Company Employees' Pension Plan side-by-side with 3 peers →

Sandmeyer Steel Company Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Sbera Pension Plan as Adopted by Eagle Bank in MA ($27M); by covered participants it is Sanford Health Employees' Pension Plan in SD (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 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 Sandmeyer Steel Company Employees' Pension Plan assets move in 2024? ▼
Sandmeyer Steel Company Employees' Pension Plan grew at a solid clip - up 8.7% during 2024, from $25M to $27M. Reported net income was $2M.
How have Sandmeyer Steel Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sandmeyer Steel Company's sponsor-wide assets grew 25.0%, from $45M to $56M.
Where does Sandmeyer Steel Company Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Sandmeyer Steel Company Employees' Pension Plan ranks in the 76th 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 Defined Benefit (Pension) plans are similar in size to Sandmeyer Steel Company Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by Eagle Bank in MA ($27M, 67 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sandmeyer Steel Company Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sanford Health Employees' Pension Plan in SD (98 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 231527381.

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.