401(k) · DOL Form 5500 · 2023

Gb Sales & Service, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
241
Participants Below avg headcount
64th
Percentile by assets National rank
$54,258
Avg per participant Low balance/head
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Official DOL plan name: Gb Sales & Service, Inc. Employees 401(k) Plan · Sponsored by Gb Sales & Service, Inc. · Michigan · Other Services

$13M in assets, 241 participants

Gb Sales & Service, Inc.'s Gb Sales & Service, Inc. Employees 401(k) Plan reported $13M in total assets and 241 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #6,289 in Other Services (7,857 peers)

Coverage in Michigan

Gb Sales & Service, Inc. Employees 401(k) Plan covers 241 participants in Michigan, about 38% of the average Michigan filer (state average ~638 per filing). Assets: $13M.

#6,289
in Other Services (7,857 peers)
+31.4%
assets growth YoY

Gb Sales & Service, Inc. Employees 401(k) Plan's mid-pack asset rank among Other Services and all filers

Gb Sales & Service, Inc. Employees 401(k) Plan vs every filed plan by assets

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

$13,076,088 Top 36% higher than 64% 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

Gb Sales & Service, Inc. Employees 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. Gb Sales & Service, Inc. Employees 401(k) Plan sits mid-pack in the medium band (241 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gb Sales & Service, Inc. Employees 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Gb Sales & Service, Inc. Employees 401(k) Plan reported participants rose from 182 in the plan year 2022 filing to 241 in the plan year 2023 filing.
  • Gb Sales & Service, Inc. Employees 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382101721 · Gb Sales & Service, Inc. PY 2023 · 401(k)

Gb Sales & Service, Inc. Employees 401(k) Plan · $13M · 241 · 64th

  • BOOK $13M
  • VS-ST 241
  • BOY 64th
  • SCH 401(k)
  • EBSA near Wilson Lumber Company, Inc. 401(k) Profit Sharing Plan
  • PART ind #6289

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 Other Services retirement plans → · Plans in Michigan →

Gb Sales & Service, Inc. Employees 401(k) Plan in the asset neighbourhood

Gb Sales & Service, Inc. Employees 401(k) PlanGb Sales & Service, Inc. Emp…$13MWilson Lumber Company, Inc. 401(k) Profit Sharing PlanWilson Lumber Company, Inc. …$13MBolt Financial, Inc. 401(k) PlanBolt Financial, Inc. 401(k) …$13MEmery & Webb 401(k) Savings PlanEmery & Webb 401(k) Savings …$13MRoller Bearing Company of America Nonexempt Section 401(k) PlanRoller Bearing Company of Am…$13M
End-of-year total assets ($M) among Gb Sales & Service, Inc. Employees 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN382101721
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gb Sales & Service, Inc.)

Sponsor-wide plan assets over time

All Gb Sales & Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 51.45108493688452% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.95M $15.1M ▲ +51.6%
Year Plans Participants Total Assets
2022 1 182 $10M
2023 1 241 $13M
2024 1 217 $15M

Nearby 401(k) Plans in Michigan

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

Gb Sales & Service, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Gb Sales & Service, Inc. Employees 401(k) Plan, Total assets ($B): 0.013076088 · Participants: 241Gb Sales & Service, Inc. Employees 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Gb Sales & Service, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Gb Sales & Service, Inc. Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Wilson Lumber Company, Inc. 401(k) Profit Sharing Plan in AL ($13M); by covered participants it is Tango Card Inc 401(k) Profit Sharing Plan and Trust in WA (241 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (241 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 Gb Sales & Service, Inc. Employees 401(k) Plan assets move in 2023?
Gb Sales & Service, Inc. Employees 401(k) Plan surged - up 31.4% during 2023, from $10M to $13M. Reported net income was $3M.
How have Gb Sales & Service, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gb Sales & Service, Inc.'s sponsor-wide assets grew 51.5%, from $10M to $15M.
Which 401(k) plans are similar in size to Gb Sales & Service, Inc. Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wilson Lumber Company, Inc. 401(k) Profit Sharing Plan in AL ($13M, 330 participants).
Which 401(k) plans cover a similar participant headcount to Gb Sales & Service, Inc. Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Tango Card Inc 401(k) Profit Sharing Plan and Trust in WA (241 participants, $19M in assets).