401(k) · DOL Form 5500 · 2022

Gibbs Wire & Steel Company LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
129
Participants Small participant base
69th
Percentile by assets National rank
$95,499
Avg per participant Below avg balance/head
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Official DOL plan name: Gibbs Wire & Steel Company LLC Profit Sharing Plan · Sponsored by Gibbs Wire & Steel Company LLC · Illinois · Manufacturing

$12M in assets, 129 participants

Gibbs Wire & Steel Company LLC's Gibbs Wire & Steel Company LLC Profit Sharing Plan reported $12M in total assets and 129 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #11,822 in Manufacturing (20,602 peers)

Coverage in Illinois

Gibbs Wire & Steel Company LLC Profit Sharing Plan covers 129 participants in Illinois, about 17% of the average Illinois filer (state average ~779 per filing). Assets: $12M.

#11,822
in Manufacturing (20,602 peers)
-19.3%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gibbs Wire & Steel Company LLC Profit Sharing Plan's outsized position by total assets

Gibbs Wire & Steel Company LLC Profit Sharing Plan vs every filed plan by assets

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

$12,319,353 Top 31% higher than 69% 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

Gibbs Wire & Steel Company LLC 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. Gibbs Wire & Steel Company LLC Profit Sharing Plan sits mid-pack in the medium band (129 participants).

EBSA filing schedule strip

Filing strip 843284267 · Gibbs Wire & Steel Company LLC PY 2022 · 401(k)

Gibbs Wire & Steel Company LLC Profit Sharing Plan · $12M · 129 · 69th

  • TYPE $12M
  • TYPE 129
  • TYPE 69th
  • TYPE 401(k)
  • TYPE near Agri-Cover, Inc. 401(k) Plan
  • TYPE ind #11822

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 Illinois →

Gibbs Wire & Steel Company LLC Profit Sharing Plan in the asset neighbourhood

Gibbs Wire & Steel Company LLC Profit Sharing PlanGibbs Wire & Steel Company L…$12MAgri-Cover, Inc. 401(k) Plan$12MWachusett Mountain 401(k) PlanWachusett Mountain 401(k) Pl…$12MMidwestern Consulting LLC 401(k) PlanMidwestern Consulting LLC 40…$12MSilversky Inc 401(k) Plan$12M
End-of-year total assets ($M) among Gibbs Wire & Steel Company LLC Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN843284267
Plan Effective Date1960-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gibbs Wire & Steel Company LLC)

Sponsor-wide plan assets over time

All Gibbs Wire & Steel Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$5M$10M$15M 202220232024 $12.3M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 129 $12M
2023 1 165 $14M
2024 1 188 N/A

Nearby 401(k) Plans in Illinois

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

Gibbs Wire & Steel Company LLC Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Gibbs Wire & Steel Company LLC Profit Sharing Plan, Total assets ($B): 0.012319353 · Participants: 129Gibbs Wire & Steel Company LLC Profit Sharing PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Gibbs Wire & Steel Company LLC Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Gibbs Wire & Steel Company LLC Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Agri-Cover, Inc. 401(k) Plan in ND ($12M); by covered participants it is Blue Ocean Realty, LLC Retirement Plan in MD (129 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (129 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 Gibbs Wire & Steel Company LLC Profit Sharing Plan assets move in 2022?
Gibbs Wire & Steel Company LLC Profit Sharing Plan declined sharply - down 19.3% during 2022, from $15M to $12M. Reported net income was -$3M.
Which 401(k) plans are similar in size to Gibbs Wire & Steel Company LLC Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Agri-Cover, Inc. 401(k) Plan in ND ($12M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Gibbs Wire & Steel Company LLC Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Blue Ocean Realty, LLC Retirement Plan in MD (129 participants, $449K in assets).