401(k) · DOL Form 5500 · 2023

The Gorman-Rupp Company 401(k) Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
1,204
Participants Near avg headcount
91st
Percentile by assets National rank
$80,963
Avg per participant Below avg balance/head
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Official DOL plan name: The Gorman-Rupp Company 401(k) Plan · Sponsored by The Gorman-Rupp Company · Ohio · Manufacturing

$97M in assets, 1,204 participants

The Gorman-Rupp Company's The Gorman-Rupp Company 401(k) Plan reported $97M in total assets and 1,204 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,211 in Manufacturing (18,722 peers)

Where The Gorman-Rupp Company 401(k) Plan sits by assets

The Gorman-Rupp Company 401(k) Plan sits in the top 10% of all filed plans by assets, $97M for 1,204 participants (~$80,963/participant), up 25.0% in 2023.

#16,211
in Manufacturing (18,722 peers)
+25.0%
assets growth YoY
1.0×
vs typical plan assets (national mean)

The Gorman-Rupp Company 401(k) Plan's outsized position by total assets

The Gorman-Rupp Company 401(k) Plan vs every filed plan by assets

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

$97,478,963 Top 9% higher than 91% 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

The Gorman-Rupp Company 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gorman-Rupp Company 401(k) Plan lands in the large band (1,204 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Gorman-Rupp Company 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • The Gorman-Rupp Company 401(k) Plan reported participants rose from 935 in the plan year 2022 filing to 1,204 in the plan year 2023 filing.
  • The Gorman-Rupp Company 401(k) Plan end-of-year assets rose from $78M in the plan year 2022 filing to $97M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340253990 · The Gorman-Rupp Company PY 2023 · 401(k)

The Gorman-Rupp Company 401(k) Plan · $97M · 1,204 · 91st

  • IND $97M
  • EOY 1,204
  • 5500 91st
  • ASSETS 401(k)
  • PCT near Crowley Fleck Pllp Profit Sharing Plan and Trust
  • EIN ind #16211

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 Ohio →

The Gorman-Rupp Company 401(k) Plan in the asset neighbourhood

Mcdonnell Boehnen Hulbert & Berghoff 401(k) and Profit Sharing PlanMcdonnell Boehnen Hulbert & …$98MThe Gorman-Rupp Company 401(k) PlanThe Gorman-Rupp Company 401(…$97MCrowley Fleck Pllp Profit Sharing Plan and TrustCrowley Fleck Pllp Profit Sh…$97MBerkshire Partners LLC Retirement PlanBerkshire Partners LLC Retir…$97MMotional Ad Retirement Savings ProgramMotional Ad Retirement Savin…$97M
End-of-year total assets ($M) among The Gorman-Rupp Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$97M
Net Income$19M
Employer EIN340253990
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gorman-Rupp Company)

Sponsor-wide plan assets over time

All The Gorman-Rupp Company plans reported in each filing year

Latest sponsor-wide plan assets
$179M 41.119054388347614% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $127M $179M ▲ +41.1%
Year Plans Participants Total Assets
2022 3 1,342 $127M
2023 3 1,545 $152M
2024 3 1,667 $179M

Nearby 401(k) Plans in Ohio

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

The Gorman-Rupp Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Gorman-Rupp Company 401(k) Plan, Total assets ($B): 0.097478963 · Participants: 1204The Gorman-Rupp Company 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
The Gorman-Rupp Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The Gorman-Rupp Company 401(k) Plan side-by-side with 3 peers →

The Gorman-Rupp Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Crowley Fleck Pllp Profit Sharing Plan and Trust in MT ($97M); by covered participants it is The Larson Group 401(k) Plan in MO (1,204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,204 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 The Gorman-Rupp Company 401(k) Plan assets move in 2023? ▼
The Gorman-Rupp Company 401(k) Plan grew sharply - up 25.0% during 2023, from $78M to $97M. Reported net income was $19M.
How have The Gorman-Rupp Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Gorman-Rupp Company's sponsor-wide assets grew 41.1%, from $127M to $179M.
Where does The Gorman-Rupp Company 401(k) Plan rank by assets among Form 5500 filers? ▼
The Gorman-Rupp Company 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Gorman-Rupp Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crowley Fleck Pllp Profit Sharing Plan and Trust in MT ($97M, 247 participants).
Which 401(k) plans cover a similar participant headcount to The Gorman-Rupp Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Larson Group 401(k) Plan in MO (1,204 participants, $54M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340253990.

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.