Steel Dynamics, Inc. 401(k) Plan: Login, Facts & Contact Information
Steel Dynamics, Inc. 401(k) Login
2,082 former Steel Dynamics, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Steel Dynamics, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 8, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $296.7 million went into the plan in contributions, $186.4 million of it from the employer (63%).
- $207.5 million was paid out to participants.
- Investment and other income added $334.8 million.
- Administrative expenses were $589,616, about $49 per account.
How the Steel Dynamics, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 8,888 | $1.41 billion | $83.9 million | $74.6 million |
| 2020 | 9,134 | $1.55 billion | $65.3 million | $196.6 million |
| 2021 | 9,674 | $2.04 billion | $277.7 million | $106.8 million |
| 2022 | 10,565 | $2.02 billion | $319.6 million | $121.1 million |
| 2023 | 11,112 | $2.57 billion | $248.2 million | $155.4 million |
| 2024 | 11,783 | $3.00 billion | $186.4 million | $207.5 million |
Steel Dynamics, Inc. 401(k) Contact Information
Questions about the Steel Dynamics, Inc. 401(k)
Does Steel Dynamics, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $186.4 million, 63% of all contributions.
Does the Steel Dynamics, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Steel Dynamics, Inc 401(k) plan?
11,783 participants at the start of plan year 2024, 10,140 of them active employees, and 2,082 former employees who still had money in the plan.
What is the average 401(k) balance at Steel Dynamics, Inc?
About $246,559 per account: $3.00 billion in plan assets across 12,153 accounts with a balance at the end of plan year 2024.
Who manages the Steel Dynamics, Inc 401(k) accounts?
John Hancock (listed on the filing as JOHN HANCOCK RETIREMENT PLAN SRVCS) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Steel Dynamics, Inc. How do I access my 401(k)?
Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.