401(k) · DOL Form 5500 · 2023

Towlift, Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
758
Participants Near avg headcount
83rd
Percentile by assets National rank
$53,462
Avg per participant Low balance/head
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Official DOL plan name: Gnco, Inc. 401(k) Retirement Plan · Sponsored by Towlift, Inc. · Ohio · Wholesale Trade

$41M in assets, 758 participants

Towlift, Inc.'s Gnco, Inc. 401(k) Retirement Plan reported $41M in total assets and 758 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #5,280 in Wholesale Trade (6,309 peers)

Where Gnco, Inc. 401(k) Retirement Plan sits by assets

Gnco, Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $41M for 758 participants (~$53,462/participant), up 21.2% in 2023.

#5,280
in Wholesale Trade (6,309 peers)
+21.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Gnco, Inc. 401(k) Retirement Plan's outsized position by total assets

Gnco, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$40,523,894 Top 17% higher than 83% 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

Gnco, Inc. 401(k) Retirement 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. Gnco, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (758 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gnco, Inc. 401(k) Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Gnco, Inc. 401(k) Retirement Plan reported participants rose from 515 in the plan year 2022 filing to 758 in the plan year 2023 filing.
  • Gnco, Inc. 401(k) Retirement Plan end-of-year assets rose from $33M in the plan year 2022 filing to $41M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340963132 · Towlift, Inc. PY 2023 · 401(k)

Gnco, Inc. 401(k) Retirement Plan · $41M · 758 · 83rd

  • IND $41M
  • IND 758
  • IND 83rd
  • IND 401(k)
  • IND near Logrhythm, Inc. 401(k) Plan
  • IND ind #5280

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 Wholesale Trade retirement plans → · Plans in Ohio →

Gnco, Inc. 401(k) Retirement Plan in the asset neighbourhood

Abx 401(k) Retirement Plan$41MGnco, Inc. 401(k) Retirement PlanGnco, Inc. 401(k) Retirement…$41MLogrhythm, Inc. 401(k) Plan$41MAccuweather 401(k) Plan$41MWestern Holding Group, Inc. Profit Sharing & 401(k) PlanWestern Holding Group, Inc. …$41M
End-of-year total assets ($M) among Gnco, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$41M
Net Income$7M
Employer EIN340963132
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Towlift, Inc.)

Sponsor-wide plan assets over time

All Towlift, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 40.2603306286702% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.5M $46.9M ▲ +40.2%
Year Plans Participants Total Assets
2022 1 515 $33M
2023 1 758 $41M
2024 1 777 $47M

Nearby 401(k) Plans in Ohio

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

Gnco, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Gnco, Inc. 401(k) Retirement Plan, Total assets ($B): 0.040523894 · Participants: 758Gnco, Inc. 401(k) Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Gnco, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Gnco, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Gnco, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Logrhythm, Inc. 401(k) Plan in CO ($41M); by covered participants it is Alliantgroup LP 401(k) Plan in TX (758 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41M here).

Similar participant headcount

Nearest other-state filings by covered participants (758 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 Gnco, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Gnco, Inc. 401(k) Retirement Plan grew sharply - up 21.2% during 2023, from $33M to $41M. Reported net income was $7M.
How have Towlift, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Towlift, Inc.'s sponsor-wide assets grew 40.3%, from $33M to $47M.
Where does Gnco, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Gnco, Inc. 401(k) Retirement Plan ranks in the 83rd 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 Gnco, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Logrhythm, Inc. 401(k) Plan in CO ($41M, 397 participants).
Which 401(k) plans cover a similar participant headcount to Gnco, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alliantgroup LP 401(k) Plan in TX (758 participants, $32M 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 340963132.

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.