401(k) · DOL Form 5500 · 2022

Gorman Bros., Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
201
Participants Below avg headcount
83rd
Percentile by assets National rank
$147,512
Avg per participant Above avg balance/head
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Official DOL plan name: Gorman Bros. , Inc. Profit Sharing Plan · Sponsored by Gorman Bros., Inc. · New York · Construction

$30M in assets, 201 participants

Gorman Bros., Inc.'s Gorman Bros. , Inc. Profit Sharing Plan reported $30M in total assets and 201 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #8,110 in Construction (9,927 peers)

Coverage in New York

Gorman Bros. , Inc. Profit Sharing Plan covers 201 participants in New York, about 25% of the average New York filer (state average ~798 per filing). Assets: $30M.

#8,110
in Construction (9,927 peers)
-17.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gorman Bros. , Inc. Profit Sharing Plan's outsized position by total assets

Gorman Bros. , Inc. Profit Sharing Plan vs every filed plan by assets

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

$29,649,883 Top 17% higher than 83% 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

Gorman Bros. , Inc. 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. Gorman Bros. , Inc. Profit Sharing Plan sits mid-pack in the medium band (201 participants).

Form 5500 schedule snapshot

Filing strip 140704840 · Gorman Bros., Inc. PY 2022 · 401(k)

Gorman Bros. , Inc. Profit Sharing Plan · $30M · 201 · 83rd

  • RANK $30M
  • RANK 201
  • RANK 83rd
  • RANK 401(k)
  • RANK near Medcost 401(k) Plan
  • RANK ind #8110

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 New York →

Gorman Bros. , Inc. Profit Sharing Plan in the asset neighbourhood

Gorman Bros. , Inc. Profit Sharing PlanGorman Bros. , Inc. Profit S…$30MMedcost 401(k) Plan$30MKier & Wright Civil Engineers and Surveyors, Inc. Salary Deferral PlanKier & Wright Civil Engineer…$30MTax Deferred Investment Program for Employees of Cotton IncorporatedTax Deferred Investment Prog…$30MBig River Steel 401(k) Plan$30M
End-of-year total assets ($M) among Gorman Bros. , Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$30M
Net Income-$6M
Employer EIN140704840
Plan Effective Date1973-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Gorman Bros., Inc.)

Sponsor-wide plan assets over time

All Gorman Bros., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $29.7M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 201 $30M
2023 1 218 $32M
2024 1 220 N/A

Nearby 401(k) Plans in New York

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

Gorman Bros. , Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Gorman Bros. , Inc. Profit Sharing Plan, Total assets ($B): 0.029649883 · Participants: 201Gorman Bros. , Inc. Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Gorman Bros. , Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Gorman Bros. , Inc. Profit Sharing Plan side-by-side with 3 peers →

Gorman Bros. , Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Medcost 401(k) Plan in NC ($30M); by covered participants it is Gill Studios, Inc. Hourly Paid Employees' Profit Sharing and 401(k) Plan and Trust in KS (201 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (201 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 Gorman Bros. , Inc. Profit Sharing Plan assets move in 2022? ▼
Gorman Bros. , Inc. Profit Sharing Plan declined sharply - down 17.8% during 2022, from $36M to $30M. Reported net income was -$6M.
Where does Gorman Bros. , Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Gorman Bros. , Inc. Profit Sharing Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gorman Bros. , Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Medcost 401(k) Plan in NC ($30M, 414 participants).
Which 401(k) plans cover a similar participant headcount to Gorman Bros. , Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gill Studios, Inc. Hourly Paid Employees' Profit Sharing and 401(k) Plan and Trust in KS (201 participants, N/A in assets).

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 140704840.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.