401(k) · DOL Form 5500 · 2024
Gerdau Ameristeel US Inc. 401(k) Plan
Data updated 2026-08-11
- $746M
- Total assets
- 3,321
- Participants
- 98th
- Percentile by assets
- $224,665
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $746M
- total plan assets (2024 EOY)
- 3,321
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $224,665
- avg assets per participant
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.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Gerdau Ameristeel US 401(k) Retirement Plan reports 3,321 participants - 5.3x that state average ($746M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $678M |
|---|---|
| Net Assets (End of Year) | $746M |
| Net Income | $68M |
| Employer EIN | 590792436 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gerdau Ameristeel US Inc.)
| 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
- L3harris Retirement Savings Plan $16.3B · 40,330
- Savings Plan for Employees and Partners of Pwc $13.2B · 51,081
- Adp Totalsource Retirement Savings Plan $9.2B · 310,261
- Publix Super Markets, Inc. 401(k) Smart Plan $8.1B · 197,102
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.5B · 16,678
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gerdau Ameristeel US 401(k) Retirement Plan by total assets, not by location.
- P & M Holding Group, LLP & Affiliated Entities Tax Savings Plan (MI) $747M · 3,777
- Davis Wright Tremaine LLP 401(k) Profit Sharing Plan (WA) $748M · 1,465
- Serco Inc. 401(k) Retirement Plan (VA) $744M · 7,402
- Envoy Air Inc. 401(k) Plan (TX) $744M · 24,610
Frequently Asked Questions
How did Gerdau Ameristeel US 401(k) Retirement Plan assets move in 2024? ▼
How have Gerdau Ameristeel US Inc. plan assets changed over time? ▼
Where does Gerdau Ameristeel US 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Gerdau Ameristeel US 401(k) Retirement Plan? ▼
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Filing takeaways
Ways to act on Gerdau Ameristeel US 401(k) Retirement Plan's numbers.
- By total assets, Gerdau Ameristeel US 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
- Gerdau Ameristeel US Inc.'s sponsor-wide assets have grown 3.6% since 2022 across 3 plan years on file. More Manufacturing plans