401(k) · DOL Form 5500 · 2023

Gibson Sales, LP 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
328
Participants Below avg headcount
51st
Percentile by assets National rank
$21,197
Avg per participant Low balance/head
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Official DOL plan name: Gibson Sales, LP Profit Sharing/401(k) Plan · Sponsored by Gibson Sales, LP · Texas · Retail Trade

$7M in assets, 328 participants

Gibson Sales, LP's Gibson Sales, LP Profit Sharing/401(k) Plan reported $7M in total assets and 328 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #5,142 in Retail Trade (8,414 peers)

Coverage in Texas

Gibson Sales, LP Profit Sharing/401(k) Plan covers 328 participants in Texas, about 48% of the average Texas filer (state average ~688 per filing). Assets: $7M.

#5,142
in Retail Trade (8,414 peers)
+19.6%
assets growth YoY

Gibson Sales, LP Profit Sharing/401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Gibson Sales, LP Profit Sharing/401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,952,604 Top 49% higher than 51% of 127,068 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 2023

Gibson Sales, LP Profit Sharing/401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gibson Sales, LP Profit Sharing/401(k) Plan sits mid-pack in the medium band (328 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gibson Sales, LP Profit Sharing/401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Gibson Sales, LP Profit Sharing/401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Gibson Sales, LP Profit Sharing/401(k) Plan reported participants rose from 323 in the plan year 2022 filing to 328 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 752913132 · Gibson Sales, LP PY 2023 · 401(k)

Gibson Sales, LP Profit Sharing/401(k) Plan · $7M · 328 · 51st

  • BOY $7M
  • BOY 328
  • BOY 51st
  • BOY 401(k)
  • BOY near Higgins Group, Inc. Retirement Plan
  • BOY ind #5142

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 Retail Trade retirement plans → · Plans in Texas →

Gibson Sales, LP Profit Sharing/401(k) Plan in the asset neighbourhood

Gibson Sales, LP Profit Sharing/401(k) PlanGibson Sales, LP Profit Shar…$7MHiggins Group, Inc. Retirement PlanHiggins Group, Inc. Retireme…$7MPeterson & Price, a Professional Corporation, Profit Sharing PlanPeterson & Price, a Professi…$7MLiberty Environmental, Inc. 401(k) PlanLiberty Environmental, Inc. …$7MPuerto Rico Savings & Investment PlanPuerto Rico Savings & Invest…$7M
End-of-year total assets ($M) among Gibson Sales, LP Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN752913132
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gibson Sales, LP)

Sponsor-wide plan assets over time

All Gibson Sales, LP plans reported in each filing year

Latest sponsor-wide plan assets
$7M 22.09193035157127% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M 202220232024 $5.81M $7.1M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 323 $6M
2023 1 328 $7M
2024 1 359 $7M

Nearby 401(k) Plans in Texas

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

Gibson Sales, LP Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Gibson Sales, LP Profit Sharing/401(k) Plan, Total assets ($B): 0.006952604 · Participants: 328Gibson Sales, LP Profit Sharing/401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Gibson Sales, LP Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Gibson Sales, LP Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Higgins Group, Inc. Retirement Plan in KS ($7M); by covered participants it is Bobcat North America, LLC in FL (328 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (328 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gibson Sales, LP Profit Sharing/401(k) Plan assets move in 2023?
Gibson Sales, LP Profit Sharing/401(k) Plan grew sharply - up 19.6% during 2023, from $6M to $7M. Reported net income was $1M.
How have Gibson Sales, LP plan assets changed over time?
Across 3 plan years on file (2022-2024), Gibson Sales, LP's sponsor-wide assets grew 22.1%, from $6M to $7M.
Which 401(k) plans are similar in size to Gibson Sales, LP Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Higgins Group, Inc. Retirement Plan in KS ($7M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Gibson Sales, LP Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bobcat North America, LLC in FL (328 participants, $558K in assets).