401(k) · DOL Form 5500 · 2024

Alro Steel Corporation 401(k) Plan

Data updated 2026-08-11

$513M
Total assets: 3,087
Participants: 97th
Percentile by assets: $166,110
Avg per participant

Official DOL plan name: Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan · Sponsored by Alro Steel Corporation · Michigan · Wholesale Trade

$513M in assets, 3,087 participants

Alro Steel Corporation's Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported $513M in total assets and 3,087 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)
#5,976 in Wholesale Trade (6,080 peers)

Coverage in Michigan

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan covers 3,087 participants in Michigan, 4.8x the typical Michigan plan (state average ~638 per filing). Assets: $513M.

$513M
total plan assets (2024 EOY): 3,087
covered participants: 97th
percentile by assets (of 123,622 plans): $166,110
avg assets per participant

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported net income fell from $60M in the plan year 2023 filing to $42M in the plan year 2024 filing.
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan end-of-year assets rose from $470M in the plan year 2023 filing to $513M in the plan year 2024 filing.
Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reported participants rose from 2,948 in the plan year 2023 filing to 3,087 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Wholesale Trade

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan reports 3,087 participants - 4.8x that state average ($513M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$470M
Net Assets (End of Year)	$513M
Net Income	$42M
Employer EIN	381300597
Plan Effective Date	1957-05-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Alro Steel Corporation)

Total plan assets by year, all Alro Steel Corporation plans on file

Year	Plans	Participants	Total Assets
2022	4	6,123	$443M
2023	4	6,204	$506M
2024	4	6,438	$550M

Nearby 401(k) Plans in Michigan

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

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497

Compare Alro Steel Corporation and Subsidiaries … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan by total assets, not by location.

Northwestern Energy 401(k) Retirement Savings Plan (MT) $513M · 1,571
Incyte Corporation 401(k) Plan (DE) $513M · 1,781
Chg Companies, Inc. Employee 401(k) Plan (UT) $513M · 10,222
Hyland Software 401(k) Plan (OH) $512M · 2,434

Frequently Asked Questions

How did Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan assets move in 2024? ▼

Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan grew at a solid clip - up 9.1% during 2024, from $470M to $513M. Reported net income was $42M.

How have Alro Steel Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Alro Steel Corporation's sponsor-wide assets grew 24.2%, from $443M to $550M.

Where does Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan rank by assets among Form 5500 filers? ▼

Alro Steel Corporation and Subsidiaries Retirement/401(k) 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 Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Northwestern Energy 401(k) Retirement Savings Plan in MT ($513M, 1,571 participants).

Next read for Alro Steel Corporation and Subsidiaries …

Filing takeaways

Ways to act on Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan's numbers.

By total assets, Alro Steel Corporation and Subsidiaries Retirement/401(k) 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 Michigan. Compare plans
Alro Steel Corporation's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 381300597.