401(k) · DOL Form 5500 · 2022
Gowan Construction, Inc. 401(k) Plan
Data updated 2026-08-25
- $13M
- Total assets Small plan by assets
- 157
- Participants Small participant base
- 71st
- Percentile by assets National rank
- $85,598
- Avg per participant Below avg balance/head
Official DOL plan name: Gowan Construction, Inc. Retirement Plan · Sponsored by Gowan Construction, Inc. · Minnesota · Construction
$13M in assets, 157 participants
Gowan Construction, Inc.'s Gowan Construction, Inc. Retirement Plan reported $13M in total assets and 157 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.
- #6,975 in Construction (9,927 peers)
Coverage in Minnesota
Gowan Construction, Inc. Retirement Plan covers 157 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.
- #6,975
- in Construction (9,927 peers)
- -26.8%
- assets change YoY
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Gowan Construction, Inc. Retirement Plan's outsized position by total assets
Gowan Construction, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$13,438,955 Top 29% higher than 71% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Gowan Construction, Inc. Retirement Plan 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. Gowan Construction, Inc. Retirement Plan sits mid-pack in the medium band (157 participants).
Form 5500 schedule snapshot
Filing strip 450435648 · Gowan Construction, Inc. PY 2022 · 401(k)
Gowan Construction, Inc. Retirement Plan · $13M · 157 · 71st
- VS-ST $13M
- BOY 157
- SCH 71st
- EBSA 401(k)
- PART near Altron Automation Group, Inc. 401(k) Retirement Plan
- TYPE ind #6975
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 Construction retirement plans → · Plans in Minnesota →
Gowan Construction, Inc. Retirement Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$5M |
| Employer EIN | 450435648 |
| Plan Effective Date | 2000-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gowan Construction, Inc.)
Sponsor-wide plan assets over time
All Gowan Construction, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $17M 25.01451935808997% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 157 | $13M |
| 2023 | 1 | 147 | $15M |
| 2024 | 1 | 165 | $17M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Gowan Construction, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Altron Automation Group, Inc. 401(k) Retirement Plan in MI ($13M); by covered participants it is We Transport Inc. Salaried 401(k) Plan in NY (157 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($13M here).
Similar participant headcount
Nearest other-state filings by covered participants (157 participants); asset peers above are excluded.
- We Transport Inc. Salaried 401(k) Plan (NY) 157 · 0 off
- Dot Leasing Inc 401(k) Profit Sharing Plan & Trust (TX) 157 · 0 off
- Audacious Inquiry, LLC 401(k) Plan (MD) 157 · 0 off
- Burke Beverage, Inc. 401(k) Plan (IL) 157 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.