Defined Benefit (Pension) · DOL Form 5500 · 2023

Gallo Glass Company Pension Plan

Data updated 2026-08-11

$212M
Total assets: 335
Participants: 95th
Percentile by assets: $633,405
Avg per participant

Official DOL plan name: Pension Plan for Hourly Paid Employees of the Gallo Glass Company · Sponsored by Gallo Glass Company · California · Manufacturing

$212M in assets, 335 participants

Gallo Glass Company's Pension Plan for Hourly Paid Employees of the Gallo Glass Company reported $212M in total assets and 335 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#17,250 in Manufacturing (18,722 peers)

Where Pension Plan for Hourly Paid Employees of the Gallo Glass Company sits by assets

Pension Plan for Hourly Paid Employees of the Gallo Glass Company sits in the top 5% of all filed plans by assets, $212M for 335 participants (~$633,405/participant), up 10.1% in 2023.

$212M
total plan assets (2023 EOY): 335
covered participants: 95th
percentile by assets (of 127,072 plans): $633,405
avg assets per participant

Pension Plan for Hourly Paid Employees of the Gallo Glass Company reported net income rose from -$43M in the plan year 2022 filing to $20M in the plan year 2023 filing.
Pension Plan for Hourly Paid Employees of the Gallo Glass Company end-of-year assets rose from $193M in the plan year 2022 filing to $212M in the plan year 2023 filing.
Pension Plan for Hourly Paid Employees of the Gallo Glass Company reported participants fell from 368 in the plan year 2022 filing to 335 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

California

Industry

Manufacturing

Pension Plan for Hourly Paid Employees of the Gallo Glass Company vs the 2023 asset distribution

By assets, Pension Plan for Hourly Paid Employees of the Gallo Glass Company outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$193M
Net Assets (End of Year)	$212M
Net Income	$20M
Employer EIN	941384142
Plan Effective Date	1958-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Gallo Glass Company)

Total plan assets by year, all Gallo Glass Company plans on file

Year	Plans	Participants	Total Assets
2022	1	368	$193M
2023	1	335	$212M
2024	1	313	$224M

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan for Hourly Paid Employees of the Gallo Glass Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Kaiser Permanente Retirement Plan $33.5B · 127,356
Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
Disney Salaried Pension Plan D $10.1B · 10,813

Compare Pension Plan for Hourly Paid Employees o… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for Hourly Paid Employees of the Gallo Glass Company by total assets, not by location.

Northshore University Healthsystem Pension Plan (IL) $212M · 1,160
Minnesota Bakers Union Pension Plan (MN) $212M · 732
Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. (PA) $212M · 301
Mo-Kan Teamsters Pension Fund (MO) $213M · 416

Frequently Asked Questions

How did Pension Plan for Hourly Paid Employees of the Gallo Glass Company assets move in 2023? ▼

Pension Plan for Hourly Paid Employees of the Gallo Glass Company grew at a solid clip - up 10.1% during 2023, from $193M to $212M. Reported net income was $20M.

How have Gallo Glass Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Gallo Glass Company's sponsor-wide assets grew 16.5%, from $193M to $224M.

Where does Pension Plan for Hourly Paid Employees of the Gallo Glass Company rank by assets among Form 5500 filers? ▼

Pension Plan for Hourly Paid Employees of the Gallo Glass Company ranks in the 95th 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 Defined Benefit (Pension) plans are similar in size to Pension Plan for Hourly Paid Employees of the Gallo Glass Company? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Northshore University Healthsystem Pension Plan in IL ($212M, 1,160 participants).

Next read for Pension Plan for Hourly Paid Employees o…

Scale reading

Ways to act on Pension Plan for Hourly Paid Employees of the Gallo Glass Company's numbers.

By total assets, Pension Plan for Hourly Paid Employees of the Gallo Glass Company ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
Gallo Glass Company's sponsor-wide assets have grown 16.5% since 2022 across 3 plan years on file. More Manufacturing plans

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 941384142.