Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Gic 401(k) Plan

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

Sponsored by Gic (New York) Inc. · New York · Finance & Insurance

What the 2023 filing shows

Gic 401(k) Plan holds $81M for 257 participants — about $314,110 per participant, up 27.7% over the 2023 plan year.

$81M
total plan assets (2023 EOY)
257
covered participants
$314,110
avg assets per participant
+27.7%
assets growth YoY
Total Assets (2023)
$81M
Participants
257
State
Industry
Finance & Insurance

What the Filing Says About Gic 401(k) Plan

Gic 401(k) Plan is a Profit Sharing retirement plan sponsored by Gic (New York) Inc., headquartered in New York. As of the 2023 Form 5500 filing, the plan reports $81M in total end-of-year assets and covers 257 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 133832887, and the plan has been effective since 2006-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $63M at the beginning of 2023 to $81M at year-end — a gain of 27.7%. Net assets (after liabilities) closed the year at $81M, with reported net income of $17M 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)$63M
Total Assets (End of Year)$81M
Net Assets (End of Year)$81M
Net Income$17M
Plan TypeProfit Sharing
Employer EIN133832887
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gic (New York) Inc.)

Year Plans Participants Total Assets
2022 1 219 $63M
2023 1 257 $81M
2024 1 275 $97M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Gic 401(k) Plan?
As of the 2023 Form 5500 filing, Gic 401(k) Plan holds $81M in total assets with 257 participants. It is sponsored by Gic (New York) Inc..
What type of plan is Gic 401(k) Plan?
Gic 401(k) Plan is a Profit Sharing plan. It has been effective since 2006-01-01. The plan is filed with the U.S. Department of Labor under EIN 133832887.
Who sponsors the Gic 401(k) Plan?
Gic 401(k) Plan is sponsored by Gic (New York) Inc., located in New York. The sponsor's EIN is 133832887 and the plan operates in the Finance & Insurance industry.
How did Gic 401(k) Plan perform in 2023?
Gic 401(k) Plan grew by 27.7% during 2023, moving from $63M to $81M in total assets. Net income was $17M.
Where can I find official filings for Gic 401(k) Plan?
Official Form 5500 filings for Gic 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 133832887 or plan name at efast.dol.gov.
How does Gic 401(k) Plan compare to other plans?
You can compare Gic 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in New York 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 133832887.

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.