401(k) · DOL Form 5500 · 2022

Gallagher Marine Systems 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
40
Participants Small participant base
56th
Percentile by assets National rank
$159,434
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gallagher Marine Systems 401(k) Plan · Sponsored by Gallagher Marine Systems · New Jersey · Professional & Technical Services

$6M in assets, 40 participants

Gallagher Marine Systems's Gallagher Marine Systems 401(k) Plan reported $6M in total assets and 40 participants in its 2022 DOL Form 5500 filing, ranking in the 56th 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.

  • #11,579 in Professional & Technical Services (21,562 peers)

What the 2022 filing shows

Gallagher Marine Systems 401(k) Plan holds $6M for 40 participants - about $159,434 per participant, above the median plan by assets.

#11,579
in Professional & Technical Services (21,562 peers)
-5.2%
assets change YoY

The plan reported a net loss of $351K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gallagher Marine Systems 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Gallagher Marine Systems 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$6,377,369 Top 44% higher than 56% of 139,123 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 2022

Gallagher Marine Systems 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gallagher Marine Systems 401(k) Plan is a small filing (40 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 030595245 · Gallagher Marine Systems PY 2022 · 401(k)

Gallagher Marine Systems 401(k) Plan · $6M · 40 · 56th

  • 5500 $6M
  • 5500 40
  • 5500 56th
  • 5500 401(k)
  • 5500 near Calise & Sons Bakery, Inc. Profit Sharing Plan
  • 5500 ind #11579

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 Professional & Technical Services retirement plans → · Plans in New Jersey →

Gallagher Marine Systems 401(k) Plan in the asset neighbourhood

Gallagher Marine Systems 401(k) PlanGallagher Marine Systems 401…$6MCalise & Sons Bakery, Inc. Profit Sharing PlanCalise & Sons Bakery, Inc. P…$6MPatrick Henry College 401(k) PlanPatrick Henry College 401(k)…$6MGranite Ridge Group, Inc. 401(k) PlanGranite Ridge Group, Inc. 40…$6MCharles Drew Health Center, Inc. 401(k) Retirement PlanCharles Drew Health Center, …$6M
End-of-year total assets ($M) among Gallagher Marine Systems 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$351K
Employer EIN030595245
Plan Effective Date1994-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gallagher Marine Systems)

Sponsor-wide plan assets over time

All Gallagher Marine Systems plans reported in each filing year

Latest sponsor-wide plan assets
$7M 3.9167719478048078% vs 2022
2023 filing year
$6.3M$6.4M$6.5M$6.6M$6.7M 20222023 $6.38M $6.63M ▲ +3.9%
Year Plans Participants Total Assets
2022 1 40 $6M
2023 1 46 $7M

Nearby 401(k) Plans in New Jersey

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

Gallagher Marine Systems 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Gallagher Marine Systems 401(k) Plan, Total assets ($B): 0.006377369 · Participants: 40Gallagher Marine Systems 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Gallagher Marine Systems 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Gallagher Marine Systems 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Calise & Sons Bakery, Inc. Profit Sharing Plan in RI ($6M); by covered participants it is Quality Switch Inc 401(k) Profit Sharing Plan & Trust in OH (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gallagher Marine Systems 401(k) Plan assets move in 2022?
Gallagher Marine Systems 401(k) Plan pulled back noticeably - down 5.2% during 2022, from $7M to $6M. Reported net income was -$351K.
How have Gallagher Marine Systems plan assets changed over time?
Across 2 plan years on file (2022-2023), Gallagher Marine Systems's sponsor-wide assets grew 3.9%, from $6M to $7M.
Which 401(k) plans are similar in size to Gallagher Marine Systems 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Calise & Sons Bakery, Inc. Profit Sharing Plan in RI ($6M, 247 participants).
Which 401(k) plans cover a similar participant headcount to Gallagher Marine Systems 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Quality Switch Inc 401(k) Profit Sharing Plan & Trust in OH (40 participants, $6M in assets).