401(k) · DOL Form 5500 · 2024

State Steel Supply Co. 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
310
Participants Below avg headcount
88th
Percentile by assets National rank
$233,247
Avg per participant Above avg balance/head
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Official DOL plan name: Triple S Profit Sharing 401(k) Plan · Sponsored by State Steel Supply Co. · Iowa · Wholesale Trade

$72M in assets, 310 participants

State Steel Supply Co.'s Triple S Profit Sharing 401(k) Plan reported $72M in total assets and 310 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #5,438 in Wholesale Trade (6,080 peers)

Where Triple S Profit Sharing 401(k) Plan sits by assets

Triple S Profit Sharing 401(k) Plan sits in the top quartile of all filed plans by assets, $72M for 310 participants (~$233,247/participant), up 12.3% in 2024.

#5,438
in Wholesale Trade (6,080 peers)
+12.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Triple S Profit Sharing 401(k) Plan's outsized position by total assets

Triple S Profit Sharing 401(k) Plan vs every filed plan by assets

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

$72,306,456 Top 12% higher than 88% 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

Triple S Profit Sharing 401(k) 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. Triple S Profit Sharing 401(k) Plan sits mid-pack in the medium band (310 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Triple S Profit Sharing 401(k) Plan end-of-year assets rose from $64M in the plan year 2023 filing to $72M in the plan year 2024 filing.
  • Triple S Profit Sharing 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Triple S Profit Sharing 401(k) Plan reported participants fell from 321 in the plan year 2023 filing to 310 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 420872471 · State Steel Supply Co. PY 2024 · 401(k)

Triple S Profit Sharing 401(k) Plan · $72M · 310 · 88th

  • TYPE $72M
  • TYPE 310
  • TYPE 88th
  • TYPE 401(k)
  • TYPE near Retirement and Savings Plan for Employees of Plastics Engineering Company
  • TYPE ind #5438

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 Wholesale Trade retirement plans → · Plans in Iowa →

Triple S Profit Sharing 401(k) Plan in the asset neighbourhood

Maslon Retirement and Savings PlanMaslon Retirement and Saving…$72MTriple S Profit Sharing 401(k) PlanTriple S Profit Sharing 401(…$72MRetirement and Savings Plan for Employees of Plastics Engineering CompanyRetirement and Savings Plan …$72MLs3p 401(k) Plan$72MKittelson & Associates, Inc. 401(k) Retirement PlanKittelson & Associates, Inc.…$72M
End-of-year total assets ($M) among Triple S Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$72M
Net Income$8M
Employer EIN420872471
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Steel Supply Co.)

Sponsor-wide plan assets over time

All State Steel Supply Co. plans reported in each filing year

Latest sponsor-wide plan assets
$72M 30.267840817399332% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $55.5M $72.3M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 386 $56M
2023 1 321 $64M
2024 1 310 $72M

Nearby 401(k) Plans in Iowa

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

Triple S Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Triple S Profit Sharing 401(k) Plan, Total assets ($B): 0.072306456 · Participants: 310Triple S Profit Sharing 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Triple S Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Triple S Profit Sharing 401(k) Plan side-by-side with 3 peers →

Triple S Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Retirement and Savings Plan for Employees of Plastics Engineering Company in WI ($72M); by covered participants it is Noram Drilling Company 401(k) Plan in TX (310 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (310 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 Triple S Profit Sharing 401(k) Plan assets move in 2024? ▼
Triple S Profit Sharing 401(k) Plan grew at a solid clip - up 12.3% during 2024, from $64M to $72M. Reported net income was $8M.
How have State Steel Supply Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Steel Supply Co.'s sponsor-wide assets grew 30.3%, from $56M to $72M.
Where does Triple S Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Triple S Profit Sharing 401(k) Plan ranks in the 88th 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 Triple S Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retirement and Savings Plan for Employees of Plastics Engineering Company in WI ($72M, 230 participants).
Which 401(k) plans cover a similar participant headcount to Triple S Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Noram Drilling Company 401(k) Plan in TX (310 participants, $5M 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 420872471.

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.