401(k) · DOL Form 5500 · 2023

Gibbs Wire & Steel Company LLC 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
165
Participants Small participant base
65th
Percentile by assets National rank
$82,087
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gibbs Wire & Steel Company LLC Profit Sharing Plan · Sponsored by Gibbs Wire & Steel Company LLC · Illinois · Manufacturing

$14M in assets, 165 participants

Gibbs Wire & Steel Company LLC's Gibbs Wire & Steel Company LLC Profit Sharing Plan reported $14M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,919 in Manufacturing (18,722 peers)

Coverage in Illinois

Gibbs Wire & Steel Company LLC Profit Sharing Plan covers 165 participants in Illinois, about 21% of the average Illinois filer (state average ~779 per filing). Assets: $14M.

#9,919
in Manufacturing (18,722 peers)
+9.9%
assets growth YoY

Gibbs Wire & Steel Company LLC Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Gibbs Wire & Steel Company LLC Profit Sharing Plan vs every filed plan by assets

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

$13,544,305 Top 35% higher than 65% 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

Gibbs Wire & Steel Company LLC Profit Sharing 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. Gibbs Wire & Steel Company LLC Profit Sharing Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gibbs Wire & Steel Company LLC Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Gibbs Wire & Steel Company LLC Profit Sharing Plan reported participants rose from 129 in the plan year 2022 filing to 165 in the plan year 2023 filing.
  • Gibbs Wire & Steel Company LLC Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 843284267 · Gibbs Wire & Steel Company LLC PY 2023 · 401(k)

Gibbs Wire & Steel Company LLC Profit Sharing Plan · $14M · 165 · 65th

  • SCH $14M
  • EBSA 165
  • PART 65th
  • TYPE 401(k)
  • NET near Sdi Innovations, Inc. Retirement Readiness 401(k)Plan
  • BOOK ind #9919

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 Illinois →

Gibbs Wire & Steel Company LLC Profit Sharing Plan in the asset neighbourhood

Gibbs Wire & Steel Company LLC Profit Sharing PlanGibbs Wire & Steel Company L…$14MSdi Innovations, Inc. Retirement Readiness 401(k)PlanSdi Innovations, Inc. Retire…$14MTrivium Packaging Bargaining 401(k) PlanTrivium Packaging Bargaining…$14MAll Web Leads 401(k) Plan$14MAvionte, LLC 401(k) Plan$14M
End-of-year total assets ($M) among Gibbs Wire & Steel Company LLC Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN843284267
Plan Effective Date1960-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gibbs Wire & Steel Company LLC)

Sponsor-wide plan assets over time

All Gibbs Wire & Steel Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$5M$10M$15M 202220232024 $12.3M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 129 $12M
2023 1 165 $14M
2024 1 188 N/A

Nearby 401(k) Plans in Illinois

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

Gibbs Wire & Steel Company LLC Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Gibbs Wire & Steel Company LLC Profit Sharing Plan, Total assets ($B): 0.013544305 · Participants: 165Gibbs Wire & Steel Company LLC Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Gibbs Wire & Steel Company LLC Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Gibbs Wire & Steel Company LLC Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Sdi Innovations, Inc. Retirement Readiness 401(k)Plan in IN ($14M); by covered participants it is Fruitsmart 401(k) Plan in WA (165 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (165 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 Gibbs Wire & Steel Company LLC Profit Sharing Plan assets move in 2023?
Gibbs Wire & Steel Company LLC Profit Sharing Plan grew at a solid clip - up 9.9% during 2023, from $12M to $14M. Reported net income was $1M.
Which 401(k) plans are similar in size to Gibbs Wire & Steel Company LLC Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Sdi Innovations, Inc. Retirement Readiness 401(k)Plan in IN ($14M, 115 participants).
Which 401(k) plans cover a similar participant headcount to Gibbs Wire & Steel Company LLC Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Fruitsmart 401(k) Plan in WA (165 participants, $3M in assets).