401(k) · DOL Form 5500 · 2024

Steel Technologies LLC 401(k) Plan

Data updated 2026-08-11

$191M
Total assets
1,608
Participants
94th
Percentile by assets
$118,518
Avg per participant
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Official DOL plan name: Steel Technologies LLC Retirement Savings Plan · Sponsored by Steel Technologies LLC · Kentucky · Manufacturing

$191M in assets, 1,608 participants

Steel Technologies LLC's Steel Technologies LLC Retirement Savings Plan reported $191M in total assets and 1,608 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #16,185 in Manufacturing (17,777 peers)

Coverage in Kentucky

Steel Technologies LLC Retirement Savings Plan covers 1,608 participants in Kentucky, 2.5x the typical Kentucky plan (state average ~647 per filing). Assets: $191M.

$191M
total plan assets (2024 EOY)
1,608
covered participants
94th
percentile by assets (of 123,622 plans)
$118,518
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steel Technologies LLC Retirement Savings Plan reported net income fell from $16M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Steel Technologies LLC Retirement Savings Plan end-of-year assets rose from $149M in the plan year 2023 filing to $191M in the plan year 2024 filing.
  • Steel Technologies LLC Retirement Savings Plan reported participants rose from 1,549 in the plan year 2023 filing to 1,608 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Steel Technologies LLC Retirement Savings Plan reports 1,608 participants - 2.5x that state average ($191M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$191M
Net Income$10M
Employer EIN610712014
Plan Effective Date1993-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steel Technologies LLC)

$120M$140M$160M$180M$200M 202220232024 $133M $191M ▲ +43.0%
Total plan assets by year, all Steel Technologies LLC plans on file
Year Plans Participants Total Assets
2022 1 1,425 $133M
2023 1 1,549 $149M
2024 1 1,608 $191M

Nearby 401(k) Plans in Kentucky

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

Steel Technologies LLC Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Steel Technologies LLC Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Steel Technologies L…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
Steel Technologies LLC Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Steel Technologies LLC Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Steel Technologies LLC Retirement Savings Plan assets move in 2024?
Steel Technologies LLC Retirement Savings Plan grew sharply - up 28.0% during 2024, from $149M to $191M. Reported net income was $10M.
How have Steel Technologies LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Steel Technologies LLC's sponsor-wide assets grew 43.0%, from $133M to $191M.
Where does Steel Technologies LLC Retirement Savings Plan rank by assets among Form 5500 filers?
Steel Technologies LLC Retirement Savings Plan ranks in the 94th 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 Steel Technologies LLC Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Mileone Autogroup, Inc. 401(k) Plan in MD ($191M, 2,830 participants).

Next read for Steel Technologies LLC Retirement Saving…

Filing takeaways

Ways to act on Steel Technologies LLC Retirement Savings Plan's numbers.

  • By total assets, Steel Technologies LLC Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Kentucky. Compare plans
  • Steel Technologies LLC's sponsor-wide assets have grown 43.0% since 2022 across 3 plan years on file. More Manufacturing plans