401(k) · DOL Form 5500 · 2023

G&w Electric Company 401(k) Plan

Data updated 2026-08-11

$125M
Total assets
858
Participants
93rd
Percentile by assets
$145,678
Avg per participant
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Official DOL plan name: G&w Electric Company Profit Sharing Plan and Trust · Sponsored by G&w Electric Company · Illinois · Manufacturing

$125M in assets, 858 participants

G&w Electric Company's G&w Electric Company Profit Sharing Plan and Trust reported $125M in total assets and 858 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,608 in Manufacturing (18,722 peers)

Where G&w Electric Company Profit Sharing Plan and Trust sits by assets

G&w Electric Company Profit Sharing Plan and Trust sits in the top 10% of all filed plans by assets, $125M for 858 participants (~$145,678/participant), up 24.6% in 2023.

$125M
total plan assets (2023 EOY)
858
covered participants
93rd
percentile by assets (of 127,072 plans)
$145,678
avg assets per participant

Where G&w Electric Company Profit Sharing Plan and Trust sits by total assets

G&w Electric Company Profit Sharing Plan and Trust vs every filed plan by assets

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

$124,991,643 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • G&w Electric Company Profit Sharing Plan and Trust reported net income rose from -$17M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • G&w Electric Company Profit Sharing Plan and Trust end-of-year assets rose from $100M in the plan year 2022 filing to $125M in the plan year 2023 filing.
  • G&w Electric Company Profit Sharing Plan and Trust reported participants rose from 806 in the plan year 2022 filing to 858 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

G&w Electric Company Profit Sharing Plan and Trust vs the 2023 asset distribution

By assets, G&w Electric Company Profit Sharing Plan and Trust outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$125M
Net Income$25M
Employer EIN361113440
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (G&w Electric Company)

$80M$100M$120M$140M$160M 202220232024 $100M $150M ▲ +50.1%
Total plan assets by year, all G&w Electric Company plans on file
Year Plans Participants Total Assets
2022 1 806 $100M
2023 1 858 $125M
2024 1 1,039 $150M

Nearby 401(k) Plans in Illinois

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

G&w Electric Company Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants G&w Electric Company…, Total assets ($B): 0.124991643 · Participants: 858G&w Electric Company…Accenture United Sta…, Total assets ($B): 17.594548115 · Participants: 69974Accenture United Sta…State Farm 401(k) Sa…, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Sa…Abbott Laboratories …, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories …United Airlines Pilo…, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilo…Walgreens Retirement…, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement…
G&w Electric Company Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to G&w Electric Company Profit Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did G&w Electric Company Profit Sharing Plan and Trust assets move in 2023?
G&w Electric Company Profit Sharing Plan and Trust grew sharply - up 24.6% during 2023, from $100M to $125M. Reported net income was $25M.
How have G&w Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), G&w Electric Company's sponsor-wide assets grew 50.1%, from $100M to $150M.
Where does G&w Electric Company Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
G&w Electric Company Profit Sharing Plan and Trust ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to G&w Electric Company Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Bissell Inc. 401(k) Plan in MI ($125M, 836 participants).

Next read for G&w Electric Company Profit Sharing Plan…

Scale reading

Ways to act on G&w Electric Company Profit Sharing Plan and Trust's numbers.

  • By total assets, G&w Electric Company Profit Sharing Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
  • G&w Electric Company's sponsor-wide assets have grown 50.1% since 2022 across 3 plan years on file. More Manufacturing plans