401(k) · DOL Form 5500 · 2023

Gate City Educational Childcare, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
2
Participants Small participant base
53rd
Percentile by assets National rank
$3.8M
Avg per participant High balance/head
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Official DOL plan name: Gate City Educational Childcare, Inc. 401(k) Plan · Sponsored by Gate City Educational Childcare, Inc. · North Carolina · Educational Services

$8M in assets, 2 participants

Gate City Educational Childcare, Inc.'s Gate City Educational Childcare, Inc. 401(k) Plan reported $8M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #1,356 in Educational Services (3,735 peers)

Gate City Educational Childcare, Inc. multi-year trail

Gate City Educational Childcare, Inc.'s plans moved -34.8% in assets from 2022 to 2023; this filing shows Gate City Educational Childcare, Inc. 401(k) Plan at $8M / 2 participants.

#1,356
in Educational Services (3,735 peers)
-34.8%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gate City Educational Childcare, Inc. 401(k) Plan's mid-pack asset rank among Educational Services and all filers

Gate City Educational Childcare, Inc. 401(k) Plan vs every filed plan by assets

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

$7,573,054 Top 47% higher than 53% 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

Gate City Educational Childcare, Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gate City Educational Childcare, Inc. 401(k) Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gate City Educational Childcare, Inc. 401(k) Plan reported net income fell from $6M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Gate City Educational Childcare, Inc. 401(k) Plan reported participants fell from 31 in the plan year 2022 filing to 2 in the plan year 2023 filing.
  • Gate City Educational Childcare, Inc. 401(k) Plan end-of-year assets fell from $12M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 461003433 · Gate City Educational Childcare, Inc. PY 2023 · 401(k)

Gate City Educational Childcare, Inc. 401(k) Plan · $8M · 2 · 53rd

  • PART $8M
  • TYPE 2
  • NET 53rd
  • BOOK 401(k)
  • VS-ST near S.W. Bajus, Ltd. 401(k) Plan & Trust
  • BOY ind #1356

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 Educational Services retirement plans → · Plans in North Carolina →

Gate City Educational Childcare, Inc. 401(k) Plan in the asset neighbourhood

Gate City Educational Childcare, Inc. 401(k) PlanGate City Educational Childc…$8MS.W. Bajus, Ltd. 401(k) Plan & TrustS.W. Bajus, Ltd. 401(k) Plan…$8MCoast Professional Inc. Profit Sharing PlanCoast Professional Inc. Prof…$8MFutureplus Systems, LLC 401(k)/Profit Sharing PlanFutureplus Systems, LLC 401(…$8MSpycloud, Inc. 401(k) Plan$8M
End-of-year total assets ($M) among Gate City Educational Childcare, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Gate City Educational Childcare, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gate City Educational Childcare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 34.792631628525406% vs 2022
2023 filing year
$6M$8M$10M$12M$14M 20222023 $11.6M $7.57M ▼ -34.8%
Year Plans Participants Total Assets
2022 1 31 $12M
2023 2 4 $8M

Gate City Educational Childcare, Inc. filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$8M
Net Income-$4M
Employer EIN461003433
Plan Effective Date2012-09-11
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Gate City Educational Childcare, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Gate City Educational Childcare, Inc. 401(k) Plan, Total assets ($B): 0.007573054 · Participants: 2Gate City Educational Childcare, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Gate City Educational Childcare, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Gate City Educational Childcare, Inc. 401(k) Plan side-by-side with 3 peers →

Gate City Educational Childcare, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is S.W. Bajus, Ltd. 401(k) Plan & Trust in PA ($8M); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Gate City Educational Childcare, Inc. 401(k) Plan assets move in 2023? ▼
Gate City Educational Childcare, Inc. 401(k) Plan contracted severely - down 34.8% during 2023, from $12M to $8M. Reported net income was -$4M.
How have Gate City Educational Childcare, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Gate City Educational Childcare, Inc.'s sponsor-wide assets declined 34.8%, from $12M to $8M.
Which 401(k) plans are similar in size to Gate City Educational Childcare, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is S.W. Bajus, Ltd. 401(k) Plan & Trust in PA ($8M, 110 participants).
Which 401(k) plans cover a similar participant headcount to Gate City Educational Childcare, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A 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 461003433.

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.