401(k) · DOL Form 5500 · 2022

Giffin, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
119
Participants Small participant base
74th
Percentile by assets National rank
$135,609
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Giffin, Inc. 401(k) Salary Reduction Plan & Trust · Sponsored by Giffin, Inc. · Michigan · Manufacturing

$16M in assets, 119 participants

Giffin, Inc.'s Giffin, Inc. 401(k) Salary Reduction Plan & Trust reported $16M in total assets and 119 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #13,090 in Manufacturing (20,602 peers)

Coverage in Michigan

Giffin, Inc. 401(k) Salary Reduction Plan & Trust covers 119 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $16M.

#13,090
in Manufacturing (20,602 peers)
-10.4%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Giffin, Inc. 401(k) Salary Reduction Plan & Trust's outsized position by total assets

Giffin, Inc. 401(k) Salary Reduction Plan & Trust vs every filed plan by assets

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

$16,137,459 Top 26% higher than 74% 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

Giffin, Inc. 401(k) Salary Reduction Plan & Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Giffin, Inc. 401(k) Salary Reduction Plan & Trust sits mid-pack in the medium band (119 participants).

EBSA filing schedule strip

Filing strip 382368101 · Giffin, Inc. PY 2022 · 401(k)

Giffin, Inc. 401(k) Salary Reduction Plan & Trust · $16M · 119 · 74th

  • PHOTO $16M
  • PHOTO 119
  • PHOTO 74th
  • PHOTO 401(k)
  • PHOTO near Coverent LLC Retirement Plan
  • PHOTO ind #13090

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 Manufacturing retirement plans → · Plans in Michigan →

Giffin, Inc. 401(k) Salary Reduction Plan & Trust in the asset neighbourhood

Giffin, Inc. 401(k) Salary Reduction Plan & TrustGiffin, Inc. 401(k) Salary R…$16MCoverent LLC Retirement Plan$16MLawrencian Omniscient Occupational TrustLawrencian Omniscient Occupa…$16MBlonder Tongue Lab. Inc 401(k) Savings & Investment Ret. PlanBlonder Tongue Lab. Inc 401(…$16MTwo Rivers Financial Group 401(k) Profit Sharing PlanTwo Rivers Financial Group 4…$16M
End-of-year total assets ($M) among Giffin, Inc. 401(k) Salary Reduction Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$16M
Net Income-$2M
Employer EIN382368101
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Giffin, Inc.)

Sponsor-wide plan assets over time

All Giffin, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 29.614203822299405% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $16.1M $20.9M ▲ +29.6%
Year Plans Participants Total Assets
2022 1 119 $16M
2023 1 113 $20M
2024 1 108 $21M

Nearby 401(k) Plans in Michigan

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

Giffin, Inc. 401(k) Salary Reduction Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Giffin, Inc. 401(k) Salary Reduction Plan & Trust, Total assets ($B): 0.016137459 · Participants: 119Giffin, Inc. 401(k) Salary Reduction Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Giffin, Inc. 401(k) Salary Reduction Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Giffin, Inc. 401(k) Salary Reduction Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Coverent LLC Retirement Plan in VA ($16M); by covered participants it is Apreva Hospice 401(k) Plan in CA (119 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (119 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 Giffin, Inc. 401(k) Salary Reduction Plan & Trust assets move in 2022?
Giffin, Inc. 401(k) Salary Reduction Plan & Trust pulled back noticeably - down 10.4% during 2022, from $18M to $16M. Reported net income was -$2M.
How have Giffin, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Giffin, Inc.'s sponsor-wide assets grew 29.6%, from $16M to $21M.
Which 401(k) plans are similar in size to Giffin, Inc. 401(k) Salary Reduction Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Coverent LLC Retirement Plan in VA ($16M, 123 participants).
Which 401(k) plans cover a similar participant headcount to Giffin, Inc. 401(k) Salary Reduction Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Apreva Hospice 401(k) Plan in CA (119 participants, N/A in assets).