401(k)
2022 plan-year 401(k) DOL Form 5500

G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

G.L. WILSON BUILDING COMPANY

This 401(k) plan holds $12M in total assets and serves 84 participants as of 2022. It is sponsored by G.L. WILSON BUILDING COMPANY in North Carolina. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$12M
Participants
84
Industry
Construction

What the Filing Says About G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN

G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by G.L. WILSON BUILDING COMPANY, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 84 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 560473455, and the plan has been effective since 1969-11-28. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2022 to $12M at year-end — a decline of 27.1%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-4,300,054 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$16M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$-4,300,054
Plan Type401(k)
Employer EIN560473455
Plan Effective Date1969-11-28
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN?
As of the 2022 Form 5500 filing, G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN holds $12M in total assets with 84 participants. It is sponsored by G.L. WILSON BUILDING COMPANY.
What type of plan is G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN?
G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 1969-11-28. The plan is filed with the U.S. Department of Labor under EIN 560473455.
Who sponsors the G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN?
G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN is sponsored by G.L. WILSON BUILDING COMPANY, located in North Carolina. The sponsor's EIN is 560473455 and the plan operates in the Construction industry.
How did G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN perform in 2022?
G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN declined by 27.1% during 2022, moving from $16M to $12M in total assets. Net income was $-4,300,054.
Where can I find official filings for G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN?
Official Form 5500 filings for G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560473455 or plan name at efast.dol.gov.
How does G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN compare to other plans?
You can compare G.L. WILSON BUILDING COMPANY PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 560473455.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.