401(k) · DOL Form 5500 · 2023

Gilbane Inc. 401(k) Plan

Data updated 2026-08-11

$906M
Total assets
3,582
Participants
98th
Percentile by assets
$253,017
Avg per participant
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Official DOL plan name: Gilbane 401(k) & Retirement Plan · Sponsored by Gilbane Inc. · Rhode Island · Construction

$906M in assets, 3,582 participants

Gilbane Inc.'s Gilbane 401(k) & Retirement Plan reported $906M in total assets and 3,582 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,897 in Construction (9,030 peers)

Coverage in Rhode Island

Gilbane 401(k) & Retirement Plan covers 3,582 participants in Rhode Island, 2.5x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $906M.

$906M
total plan assets (2023 EOY)
3,582
covered participants
98th
percentile by assets (of 127,072 plans)
$253,017
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gilbane 401(k) & Retirement Plan reported net income rose from -$169M in the plan year 2022 filing to $114M in the plan year 2023 filing.
  • Gilbane 401(k) & Retirement Plan reported participants rose from 2,969 in the plan year 2022 filing to 3,582 in the plan year 2023 filing.
  • Gilbane 401(k) & Retirement Plan end-of-year assets rose from $792M in the plan year 2022 filing to $906M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Gilbane 401(k) & Retirement Plan reports 3,582 participants - 2.5x that state average ($906M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$792M
Net Assets (End of Year)$906M
Net Income$114M
Employer EIN050147010
Plan Effective Date1975-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Gilbane Inc.)

$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.79B $1B ▲ +26.6%
Total plan assets by year, all Gilbane Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,969 $792M
2023 1 3,582 $906M
2024 1 3,405 $1.0B

Nearby 401(k) Plans in Rhode Island

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

Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Gilbane 401(k) & Ret…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFm Global 401(k) Sav…
Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gilbane 401(k) & Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Gilbane 401(k) & Retirement Plan assets move in 2023?
Gilbane 401(k) & Retirement Plan grew at a solid clip - up 14.4% during 2023, from $792M to $906M. Reported net income was $114M.
How have Gilbane Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gilbane Inc.'s sponsor-wide assets grew 26.3%, from $792M to $1.0B.
Where does Gilbane 401(k) & Retirement Plan rank by assets among Form 5500 filers?
Gilbane 401(k) & Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Gilbane 401(k) & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Dentons US LLP Profit Sharing Plan in IL ($907M, 1,465 participants).

Next read for Gilbane 401(k) & Retirement Plan

Filing takeaways

Ways to act on Gilbane 401(k) & Retirement Plan's numbers.