401(k) · DOL Form 5500 · 2024

Gerdau Ameristeel US Inc. 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
183
Participants Below avg headcount
85th
Percentile by assets National rank
$298,981
Avg per participant High balance/head
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Official DOL plan name: Gerdau Ameristeel US Savings Plan · Sponsored by Gerdau Ameristeel US Inc. · Florida · Manufacturing

$55M in assets, 183 participants

Gerdau Ameristeel US Inc.'s Gerdau Ameristeel US Savings Plan reported $55M in total assets and 183 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,010 in Manufacturing (17,777 peers)

Coverage in Florida

Gerdau Ameristeel US Savings Plan covers 183 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $55M.

#14,010
in Manufacturing (17,777 peers)
+1.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Gerdau Ameristeel US Savings Plan's outsized position by total assets

Gerdau Ameristeel US Savings Plan vs every filed plan by assets

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

$54,713,596 Top 15% higher than 85% 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 Savings 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. Gerdau Ameristeel US Savings Plan sits mid-pack in the medium band (183 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gerdau Ameristeel US Savings Plan reported net income fell from $2M in the plan year 2023 filing to $688K in the plan year 2024 filing.
  • Gerdau Ameristeel US Savings Plan reported participants fell from 185 in the plan year 2023 filing to 183 in the plan year 2024 filing.
  • Gerdau Ameristeel US Savings Plan end-of-year assets rose from $54M in the plan year 2023 filing to $55M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

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

Gerdau Ameristeel US Savings Plan · $55M · 183 · 85th

  • EOY $55M
  • 5500 183
  • ASSETS 85th
  • PCT 401(k)
  • EIN near Curtis C. Gunn, Inc. 401(k) Plan
  • RANK ind #14010

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 Savings Plan in the asset neighbourhood

Curtis C. Gunn, Inc. 401(k) PlanCurtis C. Gunn, Inc. 401(k) …$55MGerdau Ameristeel US Savings PlanGerdau Ameristeel US Savings…$55MIma Life North America, Inc. 401(k) Retirement PlanIma Life North America, Inc.…$55MFyda, Inc. 401(k) Plan$55MSunland Construction, Inc. Profit Sharing 401(k) PlanSunland Construction, Inc. P…$55M
End-of-year total assets ($M) among Gerdau Ameristeel US Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$55M
Net Income$688K
Employer EIN590792436
Plan Effective Date1968-04-01
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 Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Gerdau Ameristeel US Savings Plan, Total assets ($B): 0.054713596 · Participants: 183Gerdau Ameristeel US Savings 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 Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Gerdau Ameristeel US Savings Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Curtis C. Gunn, Inc. 401(k) Plan in TX ($55M); by covered participants it is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (183 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (183 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 Savings Plan assets move in 2024? ▼
Gerdau Ameristeel US Savings Plan edged up modestly - up 1.0% during 2024, from $54M to $55M. Reported net income was $688K.
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 Savings Plan rank by assets among Form 5500 filers? ▼
Gerdau Ameristeel US Savings Plan ranks in the 85th 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 Gerdau Ameristeel US Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Curtis C. Gunn, Inc. 401(k) Plan in TX ($55M, 657 participants).
Which 401(k) plans cover a similar participant headcount to Gerdau Ameristeel US Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (183 participants, $2M 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.