401(k) · DOL Form 5500 · 2024

Steel Dynamics, Inc. 401(k) Plan

Data updated 2026-07-24

$3.0B
Total assets: 9,385
Participants: 99th
Percentile by assets: $319,279
Avg per participant

Official DOL plan name: Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan · Sponsored by Steel Dynamics, Inc. · Indiana · Manufacturing

$3.0B in assets, 9,385 participants

Steel Dynamics, Inc.'s Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan reported $3.0B in total assets and 9,385 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in Indiana

Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan covers 9,385 participants in Indiana, 17x the typical Indiana plan (state average ~555 per filing). Assets: $3.0B.

$3.0B
total plan assets (2024 EOY): 9,385
covered participants: 99th
percentile by assets (of 116,472 plans): $319,279
avg assets per participant

Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan reported net income fell from $537M in the plan year 2023 filing to $423M in the plan year 2024 filing.
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan end-of-year assets rose from $2.6B in the plan year 2023 filing to $3.0B in the plan year 2024 filing.
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan reported participants rose from 9,015 in the plan year 2023 filing to 9,385 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Indiana

Industry

Manufacturing

Participants vs Indiana filers

In Indiana, the average filing covers about 555 participants across 2,178 plans. Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan reports 9,385 participants - 17x that state average ($3.0B EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)	$2.6B
Net Assets (End of Year)	$3.0B
Net Income	$423M
Employer EIN	351929476
Plan Effective Date	1994-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Steel Dynamics, Inc.)

Total plan assets by year, all Steel Dynamics, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	8,632	$2.0B
2023	1	9,015	$2.6B
2024	1	9,385	$3.0B

Nearby 401(k) Plans in Indiana

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

Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $13.1B · 19,977
Elevance Health 401(k) Plan $12.1B · 73,120
Cummins Retirement and Savings Plan $6.4B · 30,272
Iu Health 401(k) Savings Plan $4.5B · 38,460
Nisource Inc Retirement Savings Plan $2.0B · 7,619

Compare Steel Dynamics, Inc. Profit Sharing and … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan by total assets, not by location.

Dillard's, Inc. Investment & Employee Stock Ownership Plan (AR) $3.0B · 30,070
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees (MD) $3.0B · 18,370
The Fidelity National Financial Group 401(k) Profit Sharing Plan (FL) $3.0B · 18,430
Rwjbarnabas Health 401(k) Savings Plan (NJ) $3.0B · 27,485

Frequently Asked Questions

How did Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan assets move in 2024? ▼

Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan grew sharply - up 16.5% during 2024, from $2.6B to $3.0B. Reported net income was $423M.

How have Steel Dynamics, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Steel Dynamics, Inc.'s sponsor-wide assets grew 48.3%, from $2.0B to $3.0B.

Where does Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Dillard's, Inc. Investment & Employee Stock Ownership Plan in AR ($3.0B, 30,070 participants).

Next read for Steel Dynamics, Inc. Profit Sharing and …

Filing takeaways

Ways to act on Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan's numbers.

By total assets, Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
Steel Dynamics, Inc.'s sponsor-wide assets have grown 48.3% since 2022 across 3 plan years on file. More Manufacturing plans

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 351929476.

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.