401(k) · DOL Form 5500 · 2023

Gorman & Company, LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
465
Participants Below avg headcount
79th
Percentile by assets National rank
$64,299
Avg per participant Low balance/head
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Official DOL plan name: Gorman 401(k) Plan · Sponsored by Gorman & Company, LLC · Wisconsin · Real Estate

$30M in assets, 465 participants

Gorman & Company, LLC's Gorman 401(k) Plan reported $30M in total assets and 465 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #4,296 in Real Estate (4,727 peers)

Where Gorman 401(k) Plan sits by assets

Gorman 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 465 participants (~$64,299/participant), up 30.0% in 2023.

#4,296
in Real Estate (4,727 peers)
+30.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Gorman 401(k) Plan's outsized position by total assets

Gorman 401(k) Plan vs every filed plan by assets

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

$29,899,187 Top 21% higher than 79% 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

Gorman 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. Gorman 401(k) Plan sits mid-pack in the medium band (465 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gorman 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Gorman 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Gorman 401(k) Plan reported participants rose from 400 in the plan year 2022 filing to 465 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 823739186 · Gorman & Company, LLC PY 2023 · 401(k)

Gorman 401(k) Plan · $30M · 465 · 79th

  • NET $30M
  • NET 465
  • NET 79th
  • NET 401(k)
  • NET near The Libman Company Profit Sharing Plan and Trust
  • NET ind #4296

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 Real Estate retirement plans → · Plans in Wisconsin →

Gorman 401(k) Plan in the asset neighbourhood

Debartolo Holdings Retirement PlanDebartolo Holdings Retiremen…$30MGorman 401(k) Plan$30MThe Libman Company Profit Sharing Plan and TrustThe Libman Company Profit Sh…$30MRamos Oil Company, Inc. 401(k) Profit Sharing PlanRamos Oil Company, Inc. 401(…$30MPsi America 401(k) Plan$30M
End-of-year total assets ($M) among Gorman 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)$23M
Net Assets (End of Year)$30M
Net Income$7M
Employer EIN823739186
Plan Effective Date1989-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gorman & Company, LLC)

Sponsor-wide plan assets over time

All Gorman & Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$36M 55.491030747407656% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $23M $35.8M ▲ +55.5%
Year Plans Participants Total Assets
2022 1 400 $23M
2023 1 465 $30M
2024 1 552 $36M

Nearby 401(k) Plans in Wisconsin

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

Gorman 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants Gorman 401(k) Plan, Total assets ($B): 0.029899187 · Participants: 465Gorman 401(k) PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
Gorman 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Gorman 401(k) Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest 401(k) by assets is The Libman Company Profit Sharing Plan and Trust in IL ($30M); by covered participants it is Iteris, Inc 401(k) and Stock Ownership Plan in CA (465 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (465 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 Gorman 401(k) Plan assets move in 2023? ▼
Gorman 401(k) Plan grew sharply - up 30.0% during 2023, from $23M to $30M. Reported net income was $7M.
How have Gorman & Company, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gorman & Company, LLC's sponsor-wide assets grew 55.5%, from $23M to $36M.
Where does Gorman 401(k) Plan rank by assets among Form 5500 filers? ▼
Gorman 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gorman 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Libman Company Profit Sharing Plan and Trust in IL ($30M, 621 participants).
Which 401(k) plans cover a similar participant headcount to Gorman 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iteris, Inc 401(k) and Stock Ownership Plan in CA (465 participants, $84M 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 823739186.

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.