401(k) · DOL Form 5500 · 2022

Gilbane Inc. 401(k) Plan

Data updated 2026-08-06

$792M
Total assets
2,969
Participants
99th
Percentile by assets
$266,883
Avg per participant
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Official DOL plan name: Gilbane 401(k) & Retirement Plan · Sponsored by Gilbane Inc. · Rhode Island · Construction

$792M in assets, 2,969 participants

Gilbane Inc.'s Gilbane 401(k) & Retirement Plan reported $792M in total assets and 2,969 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #9,801 in Construction (9,938 peers)

Where Gilbane 401(k) & Retirement Plan sits by assets

Gilbane 401(k) & Retirement Plan sits among the largest 1% of all filed plans, $792M for 2,969 participants (~$266,883/participant), down 17.6% in 2022.

$792M
total plan assets (2022 EOY)
2,969
covered participants
99th
percentile by assets (of 139,258 plans)
$266,883
avg assets per participant

The plan reported a net loss of $169M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Gilbane 401(k) & Retirement Plan vs the 2022 asset distribution

By assets, Gilbane 401(k) & Retirement Plan outranks 99% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 7.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$961M
Net Assets (End of Year)$792M
Net Income-$169M
Employer EIN050147010
Plan Effective Date1975-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Gilbane Inc.)

$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.79B $1B ▲ +26.6%
Total plan assets by year, all Gilbane Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,969 $792M
2023 1 3,582 $906M
2024 1 3,405 $1.0B

Nearby 401(k) Plans in Rhode Island

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

Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Gilbane 401(k) & Ret…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFm Global 401(k) Sav…
Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gilbane 401(k) & Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Gilbane 401(k) & Retirement Plan assets move in 2022?
Gilbane 401(k) & Retirement Plan declined sharply - down 17.6% during 2022, from $961M to $792M. Reported net income was -$169M.
How have Gilbane Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gilbane Inc.'s sponsor-wide assets grew 26.3%, from $792M to $1.0B.
Where does Gilbane 401(k) & Retirement Plan rank by assets among Form 5500 filers?
Gilbane 401(k) & Retirement Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Gilbane 401(k) & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Nuvance Health 401(k) Retirement Savings Plan in CT ($793M, 9,468 participants).

Next read for Gilbane 401(k) & Retirement Plan

Scale reading

Ways to act on Gilbane 401(k) & Retirement Plan's numbers.