401(k) · DOL Form 5500 · 2024

The Mill Steel Co. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
401
Participants Below avg headcount
76th
Percentile by assets National rank
$70,839
Avg per participant Below avg balance/head
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Official DOL plan name: Mill Steel Company 401(k) Profit Sharing Plan · Sponsored by The Mill Steel Co. · Michigan · Manufacturing

$28M in assets, 401 participants

The Mill Steel Co.'s Mill Steel Company 401(k) Profit Sharing Plan reported $28M in total assets and 401 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,023 in Manufacturing (17,777 peers)

Where Mill Steel Company 401(k) Profit Sharing Plan sits by assets

Mill Steel Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $28M for 401 participants (~$70,839/participant), up 20.5% in 2024.

#12,023
in Manufacturing (17,777 peers)
+20.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Mill Steel Company 401(k) Profit Sharing Plan's outsized position by total assets

Mill Steel Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$28,406,245 Top 24% higher than 76% 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

Mill Steel Company 401(k) Profit Sharing 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. Mill Steel Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (401 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mill Steel Company 401(k) Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Mill Steel Company 401(k) Profit Sharing Plan reported participants rose from 337 in the plan year 2023 filing to 401 in the plan year 2024 filing.
  • Mill Steel Company 401(k) Profit Sharing Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 381676218 · The Mill Steel Co. PY 2024 · 401(k)

Mill Steel Company 401(k) Profit Sharing Plan · $28M · 401 · 76th

  • BOY $28M
  • BOY 401
  • BOY 76th
  • BOY 401(k)
  • BOY near Century Distribution Systems, Inc. Savings and Investment Retirement Plan
  • BOY ind #12023

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 Michigan →

Mill Steel Company 401(k) Profit Sharing Plan in the asset neighbourhood

Mill Steel Company 401(k) Profit Sharing PlanMill Steel Company 401(k) Pr…$28MCentury Distribution Systems, Inc. Savings and Investment Retirement PlanCentury Distribution Systems…$28MUnited Bankers' Bancorporation, Inc. 401(k) Savings PlanUnited Bankers' Bancorporati…$28MSpring Venture Group, LLC 401(k) PlanSpring Venture Group, LLC 40…$28MCyracom International, Inc. 401(k) & Profit Sharing PlanCyracom International, Inc. …$28M
End-of-year total assets ($M) among Mill Steel Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$5M
Employer EIN381676218
Plan Effective Date1973-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (The Mill Steel Co.)

Sponsor-wide plan assets over time

All The Mill Steel Co. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 57.178414498136746% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.1M $28.4M ▲ +57.2%
Year Plans Participants Total Assets
2022 1 314 $18M
2023 1 337 $24M
2024 1 401 $28M

Nearby 401(k) Plans in Michigan

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

Mill Steel Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Mill Steel Company 401(k) Profit Sharing Plan, Total assets ($B): 0.028406245 · Participants: 401Mill Steel Company 401(k) Profit Sharing 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
Mill Steel Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Mill Steel Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Century Distribution Systems, Inc. Savings and Investment Retirement Plan in VA ($28M); by covered participants it is Kiel Center 401(k) Plan in MO (401 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (401 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 Mill Steel Company 401(k) Profit Sharing Plan assets move in 2024? ▼
Mill Steel Company 401(k) Profit Sharing Plan grew sharply - up 20.5% during 2024, from $24M to $28M. Reported net income was $5M.
How have The Mill Steel Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Mill Steel Co.'s sponsor-wide assets grew 57.2%, from $18M to $28M.
Where does Mill Steel Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Mill Steel Company 401(k) Profit Sharing Plan ranks in the 76th 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 Mill Steel Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Century Distribution Systems, Inc. Savings and Investment Retirement Plan in VA ($28M, 147 participants).
Which 401(k) plans cover a similar participant headcount to Mill Steel Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kiel Center 401(k) Plan in MO (401 participants, $24M 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 381676218.

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.