401(k) · DOL Form 5500 · 2023

Gale Banks Engineering 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
125
Participants Small participant base
58th
Percentile by assets National rank
$77,320
Avg per participant Below avg balance/head
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Official DOL plan name: Gale Banks Engineering Employee Savings Plan · Sponsored by Gale Banks Engineering · California · Manufacturing

$10M in assets, 125 participants

Gale Banks Engineering's Gale Banks Engineering Employee Savings Plan reported $10M in total assets and 125 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,207 in Manufacturing (18,722 peers)

Coverage in California

Gale Banks Engineering Employee Savings Plan covers 125 participants in California, about 20% of the average California filer (state average ~630 per filing). Assets: $10M.

#8,207
in Manufacturing (18,722 peers)
+24.0%
assets growth YoY

Gale Banks Engineering Employee Savings Plan's mid-pack asset rank among Manufacturing and all filers

Gale Banks Engineering Employee Savings Plan vs every filed plan by assets

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

$9,664,965 Top 42% higher than 58% 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

Gale Banks Engineering Employee Savings 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. Gale Banks Engineering Employee Savings Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gale Banks Engineering Employee Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Gale Banks Engineering Employee Savings Plan reported participants rose from 88 in the plan year 2022 filing to 125 in the plan year 2023 filing.
  • Gale Banks Engineering Employee Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 952687960 · Gale Banks Engineering PY 2023 · 401(k)

Gale Banks Engineering Employee Savings Plan · $10M · 125 · 58th

  • EOY $10M
  • EOY 125
  • EOY 58th
  • EOY 401(k)
  • EOY near Finger Lakes Community Health 401(k) Profit Sharing Plan
  • EOY ind #8207

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 Manufacturing retirement plans → · Plans in California →

Gale Banks Engineering Employee Savings Plan in the asset neighbourhood

Erie Construction Mid-West, Inc. 401(k) Retirement PlanErie Construction Mid-West, …$10MGale Banks Engineering Employee Savings PlanGale Banks Engineering Emplo…$10MFinger Lakes Community Health 401(k) Profit Sharing PlanFinger Lakes Community Healt…$10MContinuant, Inc. 401(k) Plan$10MQbox Pooled Employer Plan$10M
End-of-year total assets ($M) among Gale Banks Engineering Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN952687960
Plan Effective Date1998-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gale Banks Engineering)

Sponsor-wide plan assets over time

All Gale Banks Engineering plans reported in each filing year

Latest sponsor-wide plan assets
$12M 49.39642763989217% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.79M $11.6M ▲ +49.4%
Year Plans Participants Total Assets
2022 1 88 $8M
2023 1 125 $10M
2024 1 138 $12M

Nearby 401(k) Plans in California

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

Gale Banks Engineering Employee Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Gale Banks Engineering Employee Savings Plan, Total assets ($B): 0.009664965 · Participants: 125Gale Banks Engineering Employee Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Gale Banks Engineering Employee Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Gale Banks Engineering Employee Savings Plan side-by-side with 3 peers →

Gale Banks Engineering Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Finger Lakes Community Health 401(k) Profit Sharing Plan in NY ($10M); by covered participants it is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Gale Banks Engineering Employee Savings Plan assets move in 2023? ▼
Gale Banks Engineering Employee Savings Plan grew sharply - up 24.0% during 2023, from $8M to $10M. Reported net income was $2M.
How have Gale Banks Engineering plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gale Banks Engineering's sponsor-wide assets grew 49.4%, from $8M to $12M.
Which 401(k) plans are similar in size to Gale Banks Engineering Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Finger Lakes Community Health 401(k) Profit Sharing Plan in NY ($10M, 217 participants).
Which 401(k) plans cover a similar participant headcount to Gale Banks Engineering Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 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 952687960.

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.