401(k) · DOL Form 5500 · 2022

The Gorman-Rupp Company 401(k) Plan

Data updated 2026-08-11

$78M
Total assets
935
Participants
91st
Percentile by assets
$83,423
Avg per participant
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Official DOL plan name: The Gorman-Rupp Company 401(k) Plan · Sponsored by The Gorman-Rupp Company · Ohio · Manufacturing

$78M in assets, 935 participants

The Gorman-Rupp Company's The Gorman-Rupp Company 401(k) Plan reported $78M in total assets and 935 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #17,885 in Manufacturing (20,602 peers)

Where The Gorman-Rupp Company 401(k) Plan sits by assets

The Gorman-Rupp Company 401(k) Plan sits in the top 10% of all filed plans by assets, $78M for 935 participants (~$83,423/participant), down 17.8% in 2022.

$78M
total plan assets (2022 EOY)
935
covered participants
91st
percentile by assets (of 139,126 plans)
$83,423
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Gorman-Rupp Company 401(k) Plan sits by total assets

The Gorman-Rupp Company 401(k) Plan vs every filed plan by assets

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

$78,000,285 Top 9% higher than 91% of 139,123 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 2022

State
Industry

The Gorman-Rupp Company 401(k) Plan vs the 2022 asset distribution

By assets, The Gorman-Rupp Company 401(k) Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$78M
Net Income-$17M
Employer EIN340253990
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gorman-Rupp Company)

$120M$140M$160M$180M$200M 202220232024 $127M $179M ▲ +41.1%
Total plan assets by year, all The Gorman-Rupp Company plans on file
Year Plans Participants Total Assets
2022 3 1,342 $127M
2023 3 1,545 $152M
2024 3 1,667 $179M

Nearby 401(k) Plans in Ohio

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

The Gorman-Rupp Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants The Gorman-Rupp Comp…, Total assets ($B): 0.078000285 · Participants: 935The Gorman-Rupp Comp…The Sherwin-Williams…, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams…The Progressive 401(…, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(…The Kroger Co. 401(k…, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k…Nationwide Savings P…, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings P…Marathon Petroleum T…, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum T…
The Gorman-Rupp Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Gorman-Rupp Company 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Gorman-Rupp Company 401(k) Plan assets move in 2022?
The Gorman-Rupp Company 401(k) Plan declined sharply - down 17.8% during 2022, from $95M to $78M. Reported net income was -$17M.
How have The Gorman-Rupp Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Gorman-Rupp Company's sponsor-wide assets grew 41.1%, from $127M to $179M.
Where does The Gorman-Rupp Company 401(k) Plan rank by assets among Form 5500 filers?
The Gorman-Rupp Company 401(k) Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Gorman-Rupp Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Quotient Technology Inc. 401(k) Plan in UT ($78M, 684 participants).

Next read for The Gorman-Rupp Company 401(k) Plan

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