401(k) · DOL Form 5500 · 2024

Target Steel, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
348
Participants Below avg headcount
57th
Percentile by assets National rank
$30,870
Avg per participant Low balance/head
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Official DOL plan name: Target Steel Inc., 401(k) Plan · Sponsored by Target Steel, Inc. · Michigan · Manufacturing

$11M in assets, 348 participants

Target Steel, Inc.'s Target Steel Inc., 401(k) Plan reported $11M in total assets and 348 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #7,721 in Manufacturing (17,777 peers)

Target Steel, Inc. multi-year trail

Target Steel, Inc.'s plans moved +74.0% in assets from 2022 to 2024; this filing shows Target Steel Inc., 401(k) Plan at $11M / 348 participants.

#7,721
in Manufacturing (17,777 peers)
+23.6%
assets growth YoY

Target Steel Inc., 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Target Steel Inc., 401(k) Plan vs every filed plan by assets

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

$10,742,894 Top 43% higher than 57% 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

Target Steel Inc., 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. Target Steel Inc., 401(k) Plan sits mid-pack in the medium band (348 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Target Steel Inc., 401(k) Plan reported participants rose from 248 in the plan year 2023 filing to 348 in the plan year 2024 filing.
  • Target Steel Inc., 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Target Steel Inc., 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382607088 · Target Steel, Inc. PY 2024 · 401(k)

Target Steel Inc., 401(k) Plan · $11M · 348 · 57th

  • NET $11M
  • BOOK 348
  • VS-ST 57th
  • BOY 401(k)
  • SCH near Mission Hospice & Home Care Inc.
  • EBSA ind #7721

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 →

Target Steel Inc., 401(k) Plan in the asset neighbourhood

Target Steel Inc., 401(k) PlanTarget Steel Inc., 401(k) Pl…$11MMission Hospice & Home Care Inc.Mission Hospice & Home Care …$11MAgency for Community Empowerment of Nepa 403(b) PlanAgency for Community Empower…$11MSeatex 401(k) Plan$11MFdh Infrastructure Services, LLC 401(k) PlanFdh Infrastructure Services,…$11M
End-of-year total assets ($M) among Target Steel Inc., 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Target Steel, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Target Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 74.0320213655047% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.17M $10.7M ▲ +74.1%
Year Plans Participants Total Assets
2022 1 123 $6M
2023 1 248 $9M
2024 1 348 $11M

Target Steel, Inc. filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN382607088
Plan Effective Date2004-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Target Steel Inc., 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Target Steel Inc., 401(k) Plan, Total assets ($B): 0.010742894 · Participants: 348Target Steel Inc., 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
Target Steel Inc., 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Target Steel Inc., 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mission Hospice & Home Care Inc. in CA ($11M); by covered participants it is Opensquare 401(k) Retirement Plan in WA (348 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (348 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 Target Steel Inc., 401(k) Plan assets move in 2024?
Target Steel Inc., 401(k) Plan grew sharply - up 23.6% during 2024, from $9M to $11M. Reported net income was $2M.
How have Target Steel, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Target Steel, Inc.'s sponsor-wide assets grew 74.0%, from $6M to $11M.
Which 401(k) plans are similar in size to Target Steel Inc., 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mission Hospice & Home Care Inc. in CA ($11M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Target Steel Inc., 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Opensquare 401(k) Retirement Plan in WA (348 participants, N/A in assets).