401(k) · DOL Form 5500 · 2024

North American Stainless 401(k) Plan

Data updated 2026-08-11

$335M
Total assets
1,581
Participants
96th
Percentile by assets
$211,777
Avg per participant
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Official DOL plan name: North American Stainless Savings Plan · Sponsored by North American Stainless · Kentucky · Manufacturing

$335M in assets, 1,581 participants

North American Stainless's North American Stainless Savings Plan reported $335M in total assets and 1,581 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,690 in Manufacturing (17,777 peers)

Coverage in Kentucky

North American Stainless Savings Plan covers 1,581 participants in Kentucky, 2.4x the typical Kentucky plan (state average ~647 per filing). Assets: $335M.

$335M
total plan assets (2024 EOY)
1,581
covered participants
96th
percentile by assets (of 123,622 plans)
$211,777
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • North American Stainless Savings Plan end-of-year assets rose from $286M in the plan year 2023 filing to $335M in the plan year 2024 filing.
  • North American Stainless Savings Plan reported participants rose from 1,505 in the plan year 2023 filing to 1,581 in the plan year 2024 filing.
  • North American Stainless Savings Plan reported net income fell from $50M in the plan year 2023 filing to $49M 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. North American Stainless Savings Plan reports 1,581 participants - 2.4x that state average ($335M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$286M
Net Assets (End of Year)$335M
Net Income$49M
Employer EIN611283966
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North American Stainless)

$200M$250M$300M$350M 202220232024 $237M $335M ▲ +41.4%
Total plan assets by year, all North American Stainless plans on file
Year Plans Participants Total Assets
2022 1 1,478 $237M
2023 1 1,505 $286M
2024 1 1,581 $335M

Nearby 401(k) Plans in Kentucky

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

North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

North American Stainless Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants North American Stain…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
North American Stainless 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 North American Stainless Savings Plan by total assets, not by location.

Frequently Asked Questions

How did North American Stainless Savings Plan assets move in 2024?
North American Stainless Savings Plan grew sharply - up 17.0% during 2024, from $286M to $335M. Reported net income was $49M.
How have North American Stainless plan assets changed over time?
Across 3 plan years on file (2022-2024), North American Stainless's sponsor-wide assets grew 41.4%, from $237M to $335M.
Where does North American Stainless Savings Plan rank by assets among Form 5500 filers?
North American Stainless Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to North American Stainless Savings Plan?
Among 401(k) plans in other states, the closest by assets is Media News Group Retirement/Savings Plan in CO ($335M, 2,680 participants).

Next read for North American Stainless Savings Plan

Filing takeaways

Ways to act on North American Stainless Savings Plan's numbers.

  • By total assets, North American Stainless Savings 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 Kentucky. Compare plans
  • North American Stainless's sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Manufacturing plans