401(k) · DOL Form 5500 · 2024

Canam Steel Corporation 401(k) Plan

Data updated 2026-08-25

$95M
Total assets Below avg plan size
1,113
Participants Near avg headcount
90th
Percentile by assets National rank
$85,420
Avg per participant Below avg balance/head
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Official DOL plan name: Canam 401(k) Plan · Sponsored by Canam Steel Corporation · Maryland · Manufacturing

$95M in assets, 1,113 participants

Canam Steel Corporation's Canam 401(k) Plan reported $95M in total assets and 1,113 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,161 in Manufacturing (17,777 peers)

Where Canam 401(k) Plan sits by assets

Canam 401(k) Plan sits in the top 10% of all filed plans by assets, $95M for 1,113 participants (~$85,420/participant), up 14.2% in 2024.

#15,161
in Manufacturing (17,777 peers)
+14.2%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Canam 401(k) Plan's outsized position by total assets

Canam 401(k) Plan vs every filed plan by assets

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

$95,072,269 Top 10% higher than 90% 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

Canam 401(k) 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. Canam 401(k) Plan lands in the large band (1,113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Canam 401(k) Plan reported net income fell from $16M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Canam 401(k) Plan end-of-year assets rose from $83M in the plan year 2023 filing to $95M in the plan year 2024 filing.
  • Canam 401(k) Plan reported participants fell from 1,125 in the plan year 2023 filing to 1,113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 520998510 · Canam Steel Corporation PY 2024 · 401(k)

Canam 401(k) Plan · $95M · 1,113 · 90th

  • ASSETS $95M
  • ASSETS 1,113
  • ASSETS 90th
  • ASSETS 401(k)
  • ASSETS near Bozzuto's, Inc. 401(k) Plan
  • ASSETS ind #15161

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 Maryland →

Canam 401(k) Plan in the asset neighbourhood

Fields Profit Sharing and Savings PlanFields Profit Sharing and Sa…$95MBozzuto's, Inc. 401(k) Plan$95MCanam 401(k) Plan$95MHbt Financial, Inc. Employees Profit Sharing TrustHbt Financial, Inc. Employee…$95MWasserstrom Holdings Associates 401(k) PlanWasserstrom Holdings Associa…$95M
End-of-year total assets ($M) among Canam 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)$83M
Net Assets (End of Year)$95M
Net Income$12M
Employer EIN520998510
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canam Steel Corporation)

Sponsor-wide plan assets over time

All Canam Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$95M 41.25472626335757% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $67.3M $95.1M ▲ +41.2%
Year Plans Participants Total Assets
2022 1 952 $67M
2023 1 1,125 $83M
2024 1 1,113 $95M

Nearby 401(k) Plans in Maryland

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

Canam 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Canam 401(k) Plan, Total assets ($B): 0.095072269 · Participants: 1113Canam 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Canam 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Canam 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Bozzuto's, Inc. 401(k) Plan in CT ($95M); by covered participants it is Pdi Technologies 401(k) Plan in GA (1,113 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($95M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,113 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 Canam 401(k) Plan assets move in 2024?
Canam 401(k) Plan grew at a solid clip - up 14.2% during 2024, from $83M to $95M. Reported net income was $12M.
How have Canam Steel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Canam Steel Corporation's sponsor-wide assets grew 41.3%, from $67M to $95M.
Where does Canam 401(k) Plan rank by assets among Form 5500 filers?
Canam 401(k) Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Canam 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bozzuto's, Inc. 401(k) Plan in CT ($95M, 1,474 participants).
Which 401(k) plans cover a similar participant headcount to Canam 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pdi Technologies 401(k) Plan in GA (1,113 participants, $136M in assets).