401(k)
2023 plan-year 401(k) DOL Form 5500

Gf Machining Solutions Retirement Savings Plan

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

Sponsored by Gf Machining Solutions LLC · Illinois · Wholesale Trade

What the 2023 filing shows

Gf Machining Solutions Retirement Savings Plan holds $55M for 235 participants — about $235,443 per participant, up 7.3% over the 2023 plan year.

$55M
total plan assets (2023 EOY)
235
covered participants
$235,443
avg assets per participant
+7.3%
assets growth YoY
Total Assets (2023)
$55M
Participants
235
State
Industry
Wholesale Trade

What the Filing Says About Gf Machining Solutions Retirement Savings Plan

Gf Machining Solutions Retirement Savings Plan is a 401(k) retirement plan sponsored by Gf Machining Solutions LLC, headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $55M in total end-of-year assets and covers 235 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 381574205, and the plan has been effective since 1985-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $52M at the beginning of 2023 to $55M at year-end — a gain of 7.3%. Net assets (after liabilities) closed the year at $55M, with reported net income of $4M 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$52M
Total Assets (End of Year)$55M
Net Assets (End of Year)$55M
Net Income$4M
Plan Type401(k)
Employer EIN381574205
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gf Machining Solutions LLC)

Year Plans Participants Total Assets
2022 1 226 $52M
2023 1 235 $55M
2024 1 234 $60M

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the Gf Machining Solutions Retirement Savings Plan?
As of the 2023 Form 5500 filing, Gf Machining Solutions Retirement Savings Plan holds $55M in total assets with 235 participants. It is sponsored by Gf Machining Solutions LLC.
What type of plan is Gf Machining Solutions Retirement Savings Plan?
Gf Machining Solutions Retirement Savings Plan is a 401(k) plan. It has been effective since 1985-10-01. The plan is filed with the U.S. Department of Labor under EIN 381574205.
Who sponsors the Gf Machining Solutions Retirement Savings Plan?
Gf Machining Solutions Retirement Savings Plan is sponsored by Gf Machining Solutions LLC, located in Illinois. The sponsor's EIN is 381574205 and the plan operates in the Wholesale Trade industry.
How did Gf Machining Solutions Retirement Savings Plan perform in 2023?
Gf Machining Solutions Retirement Savings Plan grew by 7.3% during 2023, moving from $52M to $55M in total assets. Net income was $4M.
Where can I find official filings for Gf Machining Solutions Retirement Savings Plan?
Official Form 5500 filings for Gf Machining Solutions Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381574205 or plan name at efast.dol.gov.
How does Gf Machining Solutions Retirement Savings Plan compare to other plans?
You can compare Gf Machining Solutions Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 381574205.

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