401(k) · DOL Form 5500 · 2024

Ssab Enterprises LLC 401(k) Plan

Data updated 2026-08-11

$541M
Total assets
1,531
Participants
97th
Percentile by assets
$353,584
Avg per participant
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Official DOL plan name: Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan · Sponsored by Ssab Enterprises LLC · Alabama · Wholesale Trade

$541M in assets, 1,531 participants

Ssab Enterprises LLC's Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reported $541M in total assets and 1,531 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #5,979 in Wholesale Trade (6,080 peers)

Coverage in Alabama

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan covers 1,531 participants in Alabama, 4.3x the typical Alabama plan (state average ~360 per filing). Assets: $541M.

$541M
total plan assets (2024 EOY)
1,531
covered participants
97th
percentile by assets (of 123,622 plans)
$353,584
avg assets per participant

Where Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan sits by total assets

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs every filed plan by assets

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

$541,336,980 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reported net income fell from $76M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan end-of-year assets rose from $494M in the plan year 2023 filing to $541M in the plan year 2024 filing.
  • Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reported participants rose from 1,484 in the plan year 2023 filing to 1,531 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan reports 1,531 participants - 4.3x that state average ($541M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$494M
Net Assets (End of Year)$541M
Net Income$48M
Employer EIN753248335
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ssab Enterprises LLC)

$400M$450M$500M$550M$600M 202220232024 $418M $541M ▲ +29.5%
Total plan assets by year, all Ssab Enterprises LLC plans on file
Year Plans Participants Total Assets
2022 1 1,415 $418M
2023 1 1,484 $494M
2024 1 1,531 $541M

Nearby 401(k) Plans in Alabama

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

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 01234 Total assets ($B) Participants Ssab Enterprises, LL…Regions Financial Co…Encompass Health Cor…Hexagon Employee Ret…Vulcan 401(k) PlanMercedes-Benz U.S. I…
Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan assets move in 2024?
Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan grew at a solid clip - up 9.7% during 2024, from $494M to $541M. Reported net income was $48M.
How have Ssab Enterprises LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Ssab Enterprises LLC's sponsor-wide assets grew 29.5%, from $418M to $541M.
Where does Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan rank by assets among Form 5500 filers?
Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan ranks in the 97th 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 Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Dropbox 401(k) Plan in CA ($542M, 2,241 participants).

Next read for Ssab Enterprises, LLC Retirement Savings…

Filing takeaways

Ways to act on Ssab Enterprises, LLC Retirement Savings and Profit Sharing Plan's numbers.

  • By total assets, Ssab Enterprises, LLC Retirement Savings and Profit Sharing 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 Alabama. Compare plans
  • Ssab Enterprises LLC's sponsor-wide assets have grown 29.5% since 2022 across 3 plan years on file. More Wholesale Trade plans