401(k) · DOL Form 5500 · 2024

Gerdau Ameristeel US Inc. 401(k) Plan

Data updated 2026-08-25

$746M
Total assets Above avg plan size
3,321
Participants Above avg headcount
98th
Percentile by assets National rank
$224,665
Avg per participant Above avg balance/head
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Official DOL plan name: Gerdau Ameristeel US 401(k) Retirement Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$746M in assets, 3,321 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US 401(k) Retirement Plan reported $746M in total assets and 3,321 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #17,201 in Manufacturing (17,777 peers)

Coverage in Florida

Gerdau Ameristeel US 401(k) Retirement Plan covers 3,321 participants in Florida, 5.3x the typical Florida plan (state average ~628 per filing). Assets: $746M.

#17,201
in Manufacturing (17,777 peers)
+10.0%
assets growth YoY
7.5×
vs typical plan assets (national mean)

Gerdau Ameristeel US 401(k) Retirement Plan's outsized position by total assets

Gerdau Ameristeel US 401(k) Retirement Plan vs every filed plan by assets

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

$746,113,006 Top 2% higher than 98% 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

Gerdau Ameristeel US 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gerdau Ameristeel US 401(k) Retirement Plan lands in the large band (3,321 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gerdau Ameristeel US 401(k) Retirement Plan reported net income fell from $98M in the plan year 2023 filing to $68M in the plan year 2024 filing.
  • Gerdau Ameristeel US 401(k) Retirement Plan end-of-year assets rose from $678M in the plan year 2023 filing to $746M in the plan year 2024 filing.
  • Gerdau Ameristeel US 401(k) Retirement Plan reported participants rose from 3,213 in the plan year 2023 filing to 3,321 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 590792436 · Gerdau Ameristeel US Inc. PY 2024 · 401(k)

Gerdau Ameristeel US 401(k) Retirement Plan · $746M · 3,321 · 98th

  • RANK $746M
  • PHOTO 3,321
  • IND 98th
  • EOY 401(k)
  • 5500 near P & M Holding Group, LLP & Affiliated Entities Tax Savings Plan
  • ASSETS ind #17201

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 Florida →

Gerdau Ameristeel US 401(k) Retirement Plan in the asset neighbourhood

Davis Wright Tremaine LLP 401(k) Profit Sharing PlanDavis Wright Tremaine LLP 40…$748MP & M Holding Group, LLP & Affiliated Entities Tax Savings PlanP & M Holding Group, LLP & A…$747MGerdau Ameristeel US 401(k) Retirement PlanGerdau Ameristeel US 401(k) …$746MSerco Inc. 401(k) Retirement PlanSerco Inc. 401(k) Retirement…$744MEnvoy Air Inc. 401(k) Plan$744M
End-of-year total assets ($M) among Gerdau Ameristeel US 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$678M
Net Assets (End of Year)$746M
Net Income$68M
Employer EIN590792436
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gerdau Ameristeel US Inc.)

Sponsor-wide plan assets over time

All Gerdau Ameristeel US Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$842M 3.6293955758222785% vs 2022
2024 filing year
$760M$780M$800M$820M$840M$860M 202220232024 $812M $842M ▲ +3.6%
Year Plans Participants Total Assets
2022 4 3,953 $812M
2023 4 3,905 $780M
2024 3 3,547 $842M

Nearby 401(k) Plans in Florida

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

Gerdau Ameristeel US 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Gerdau Ameristeel US 401(k) Retirement Plan, Total assets ($B): 0.746113006 · Participants: 3321Gerdau Ameristeel US 401(k) Retirement PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Gerdau Ameristeel US 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US 401(k) Retirement Plan side-by-side with 3 peers →

Gerdau Ameristeel US 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is P & M Holding Group, LLP & Affiliated Entities Tax Savings Plan in MI ($747M); by covered participants it is Telus International (U.S.) Corp. 401(k) Plan in NV (3,320 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($746M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,321 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 Gerdau Ameristeel US 401(k) Retirement Plan assets move in 2024? ▼
Gerdau Ameristeel US 401(k) Retirement Plan grew at a solid clip - up 10.0% during 2024, from $678M to $746M. Reported net income was $68M.
How have Gerdau Ameristeel US Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gerdau Ameristeel US Inc.'s sponsor-wide assets grew 3.6%, from $812M to $842M.
Where does Gerdau Ameristeel US 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US 401(k) Retirement Plan ranks in the 98th 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 Gerdau Ameristeel US 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is P & M Holding Group, LLP & Affiliated Entities Tax Savings Plan in MI ($747M, 3,777 participants).
Which 401(k) plans cover a similar participant headcount to Gerdau Ameristeel US 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Telus International (U.S.) Corp. 401(k) Plan in NV (3,320 participants, $53M 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 590792436.

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.