401(k) · DOL Form 5500 · 2024

Peerless Steel Company 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
161
Participants Small participant base
55th
Percentile by assets National rank
$58,673
Avg per participant Low balance/head
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Official DOL plan name: Peerless Steel Company Employees' Profit Sharing and 401(k) Plan · Sponsored by Peerless Steel Company · Michigan · Wholesale Trade

$9M in assets, 161 participants

Peerless Steel Company's Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported $9M in total assets and 161 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #2,771 in Wholesale Trade (6,080 peers)

Coverage in Michigan

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan covers 161 participants in Michigan, about 25% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#2,771
in Wholesale Trade (6,080 peers)
+0.5%
assets growth YoY

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$9,446,339 Top 45% higher than 55% 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

Peerless Steel Company Employees' Profit Sharing and 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. Peerless Steel Company Employees' Profit Sharing and 401(k) Plan sits mid-pack in the medium band (161 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported net income fell from $830K in the plan year 2023 filing to $51K in the plan year 2024 filing.
  • Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported participants fell from 169 in the plan year 2023 filing to 161 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 381573882 · Peerless Steel Company PY 2024 · 401(k)

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan · $9M · 161 · 55th

  • TYPE $9M
  • TYPE 161
  • TYPE 55th
  • TYPE 401(k)
  • TYPE near Norris & Stevens, Inc. 401(k) Profit Sharing Plan
  • TYPE ind #2771

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 Michigan →

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan in the asset neighbourhood

Peerless Steel Company Employees' Profit Sharing and 401(k) PlanPeerless Steel Company Emplo…$9MNorris & Stevens, Inc. 401(k) Profit Sharing PlanNorris & Stevens, Inc. 401(k…$9MMme Consulting, Inc. 401(k) Profit Sharing PlanMme Consulting, Inc. 401(k) …$9MNortheast Internal Medicine 401(k) Profit Sharing PlanNortheast Internal Medicine …$9MSummerwood Corporation 401(k) PlanSummerwood Corporation 401(k…$9M
End-of-year total assets ($M) among Peerless Steel Company Employees' Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income$51K
Employer EIN381573882
Plan Effective Date1959-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Peerless Steel Company)

Sponsor-wide plan assets over time

All Peerless Steel Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 10.287881202522078% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $8.57M $9.45M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 164 $9M
2023 1 169 $9M
2024 1 161 $9M

Nearby 401(k) Plans in Michigan

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

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Peerless Steel Company Employees' Profit Sharing and 401(k) Plan, Total assets ($B): 0.009446339 · Participants: 161Peerless Steel Company Employees' Profit Sharing and 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Peerless Steel Company Employees' Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Norris & Stevens, Inc. 401(k) Profit Sharing Plan in OR ($9M); by covered participants it is Shallenberger Construction, Inc. 401(k) Davis Bacon Plan in PA (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 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 Peerless Steel Company Employees' Profit Sharing and 401(k) Plan assets move in 2024? ▼
Peerless Steel Company Employees' Profit Sharing and 401(k) Plan held essentially flat - up 0.5% during 2024, from $9M to $9M. Reported net income was $51K.
How have Peerless Steel Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peerless Steel Company's sponsor-wide assets grew 10.3%, from $9M to $9M.
Which 401(k) plans are similar in size to Peerless Steel Company Employees' Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Norris & Stevens, Inc. 401(k) Profit Sharing Plan in OR ($9M, 286 participants).
Which 401(k) plans cover a similar participant headcount to Peerless Steel Company Employees' Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Shallenberger Construction, Inc. 401(k) Davis Bacon Plan in PA (161 participants, $12M 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 381573882.

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.