401(k) · DOL Form 5500 · 2023

Gorman Bros., Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
218
Participants Below avg headcount
80th
Percentile by assets National rank
$148,008
Avg per participant Above avg balance/head
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Official DOL plan name: Gorman Bros. , Inc. Profit Sharing Plan · Sponsored by Gorman Bros., Inc. · New York · Construction

$32M in assets, 218 participants

Gorman Bros., Inc.'s Gorman Bros. , Inc. Profit Sharing Plan reported $32M in total assets and 218 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,103 in Construction (9,030 peers)

Coverage in New York

Gorman Bros. , Inc. Profit Sharing Plan covers 218 participants in New York, about 27% of the average New York filer (state average ~798 per filing). Assets: $32M.

#7,103
in Construction (9,030 peers)
+8.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Gorman Bros. , Inc. Profit Sharing Plan's outsized position by total assets

Gorman Bros. , Inc. Profit Sharing Plan vs every filed plan by assets

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

$32,265,713 Top 20% higher than 80% 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

Gorman Bros. , Inc. 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. Gorman Bros. , Inc. Profit Sharing Plan sits mid-pack in the medium band (218 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gorman Bros. , Inc. Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Gorman Bros. , Inc. Profit Sharing Plan end-of-year assets rose from $30M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Gorman Bros. , Inc. Profit Sharing Plan reported participants rose from 201 in the plan year 2022 filing to 218 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 140704840 · Gorman Bros., Inc. PY 2023 · 401(k)

Gorman Bros. , Inc. Profit Sharing Plan · $32M · 218 · 80th

  • RANK $32M
  • PHOTO 218
  • IND 80th
  • EOY 401(k)
  • 5500 near Pinnacle Treatment Centers Employee 401(k) Plan
  • ASSETS ind #7103

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 Construction retirement plans → · Plans in New York →

Gorman Bros. , Inc. Profit Sharing Plan in the asset neighbourhood

Gorman Bros. , Inc. Profit Sharing PlanGorman Bros. , Inc. Profit S…$32MPinnacle Treatment Centers Employee 401(k) PlanPinnacle Treatment Centers E…$32MGps Navigator Pooled Employer PlanGps Navigator Pooled Employe…$32MGpm Investments 401(k) Plan$32MInnovex Downhole Solutions 401(k) PlanInnovex Downhole Solutions 4…$32M
End-of-year total assets ($M) among Gorman Bros. , Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN140704840
Plan Effective Date1973-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Gorman Bros., Inc.)

Sponsor-wide plan assets over time

All Gorman Bros., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $29.7M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 201 $30M
2023 1 218 $32M
2024 1 220 N/A

Nearby 401(k) Plans in New York

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

Gorman Bros. , Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Gorman Bros. , Inc. Profit Sharing Plan, Total assets ($B): 0.032265713 · Participants: 218Gorman Bros. , Inc. Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Gorman Bros. , Inc. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Gorman Bros. , Inc. Profit Sharing Plan side-by-side with 3 peers →

Gorman Bros. , Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Pinnacle Treatment Centers Employee 401(k) Plan in NJ ($32M); by covered participants it is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (218 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (218 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 Gorman Bros. , Inc. Profit Sharing Plan assets move in 2023? ▼
Gorman Bros. , Inc. Profit Sharing Plan grew at a solid clip - up 8.8% during 2023, from $30M to $32M. Reported net income was $3M.
Where does Gorman Bros. , Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Gorman Bros. , Inc. Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gorman Bros. , Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pinnacle Treatment Centers Employee 401(k) Plan in NJ ($32M, 3,976 participants).
Which 401(k) plans cover a similar participant headcount to Gorman Bros. , Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (218 participants, $3M 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 140704840.

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.