401(k) · DOL Form 5500 · 2022
Gulf Island Fabrication, Inc. 401(k) Plan
Data updated 2026-08-11
- $49M
- Total assets
- 468
- Participants
- 88th
- Percentile by assets
- $104,339
- Avg per participant
Official DOL plan name: Gulf Island Fabrication Inc. Qualified Retirement Plan · Sponsored by Gulf Island Fabrication, Inc. · Texas · Manufacturing
$49M in assets, 468 participants
Gulf Island Fabrication, Inc.'s Gulf Island Fabrication Inc. Qualified Retirement Plan reported $49M in total assets and 468 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.
- 88th percentile by assets (of 139,126 plans)
- #16,908 in Manufacturing (20,602 peers)
Where Gulf Island Fabrication Inc. Qualified Retirement Plan sits by assets
Gulf Island Fabrication Inc. Qualified Retirement Plan sits in the top quartile of all filed plans by assets, $49M for 468 participants (~$104,339/participant), down 19.5% in 2022.
- $49M
- total plan assets (2022 EOY)
- 468
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $104,339
- avg assets per participant
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Gulf Island Fabrication Inc. Qualified Retirement Plan vs the 2022 asset distribution
By assets, Gulf Island Fabrication Inc. Qualified Retirement Plan outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $49M |
| Net Income | -$12M |
| Employer EIN | 721147390 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gulf Island Fabrication, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 468 | $49M |
| 2023 | 1 | 742 | $55M |
| 2024 | 1 | 807 | $58M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Gulf Island Fabrication Inc. Qualified Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gulf Island Fabrication Inc. Qualified Retirement Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Gulf Island Fabrication Inc. Qualified Retirement Plan's numbers.
- By total assets, Gulf Island Fabrication Inc. Qualified Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Gulf Island Fabrication, Inc.'s sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Manufacturing plans