401(k) · DOL Form 5500 · 2022
Galco Industrial Electronics, Inc. 401(k) Plan
Data updated 2026-08-25
- $20M
- Total assets Small plan by assets
- 183
- Participants Below avg headcount
- 77th
- Percentile by assets National rank
- $110,862
- Avg per participant Below avg balance/head
Official DOL plan name: Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan · Sponsored by Galco Industrial Electronics, Inc. · Michigan · Manufacturing
$20M in assets, 183 participants
Galco Industrial Electronics, Inc.'s Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan reported $20M in total assets and 183 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.
- #14,097 in Manufacturing (20,602 peers)
Coverage in Michigan
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan covers 183 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $20M.
- #14,097
- in Manufacturing (20,602 peers)
- -28.3%
- assets change YoY
- 0.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan's outsized position by total assets
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$20,287,679 Top 23% higher than 77% 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
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing 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. Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan sits mid-pack in the medium band (183 participants).
EBSA filing schedule strip
Filing strip 382178619 · Galco Industrial Electronics, Inc. PY 2022 · 401(k)
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan · $20M · 183 · 77th
- VS-ST $20M
- BOY 183
- SCH 77th
- EBSA 401(k)
- PART near Brox Industries, Inc. 401(k) Retirement Plan
- TYPE ind #14097
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 →
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $28M |
|---|---|
| Net Assets (End of Year) | $20M |
| Net Income | -$8M |
| Employer EIN | 382178619 |
| Plan Effective Date | 1977-10-10 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Galco Industrial Electronics, Inc.)
Sponsor-wide plan assets over time
All Galco Industrial Electronics, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $28M 40.1098814704235% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 183 | $20M |
| 2023 | 1 | 205 | $25M |
| 2024 | 1 | 203 | $28M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Brox Industries, Inc. 401(k) Retirement Plan in MA ($20M); by covered participants it is Masy's Retirement Plan in MA (183 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($20M here).
- Brox Industries, Inc. 401(k) Retirement Plan (MA) $20M · 135
- Healthpartners Services, Inc. Retirement Savings Plan (MN) $20M · 217
- Egnyte, Inc. 401(k) Plan (CA) $20M · 508
- Seabury Advisors LLC 401(k) Plan (MN) $20M · 78
Similar participant headcount
Nearest other-state filings by covered participants (183 participants); asset peers above are excluded.
- Masy's Retirement Plan (MA) 183 · 0 off
- Foundation for Educational Services, Inc. 401(k) Plan (NE) 183 · 0 off
- Metropolitan Golf Group, LLC 401(k) Ps Plan and Trust (NJ) 183 · 0 off
- All(N)1 Security Services 401kplan (GA) 183 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.