401(k) · DOL Form 5500 · 2024

Gowan & Sons, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
18
Participants Small participant base
29th
Percentile by assets National rank
$105,392
Avg per participant Below avg balance/head
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Official DOL plan name: Gowan & Sons Retirement Plan · Sponsored by Gowan & Sons, Inc. · Michigan · Real Estate

$2M in assets, 18 participants

Gowan & Sons, Inc.'s Gowan & Sons Retirement Plan reported $2M in total assets and 18 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,200 in Real Estate (4,605 peers)

Gowan & Sons, Inc. multi-year trail

Gowan & Sons, Inc.'s plans moved -28.1% in assets from 2022 to 2024; this filing shows Gowan & Sons Retirement Plan at $2M / 18 participants.

#2,200
in Real Estate (4,605 peers)
-5.0%
assets change YoY

The plan reported a net loss of $101K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gowan & Sons Retirement Plan among the smaller filed plans by assets

Gowan & Sons Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,897,053 29th percentile higher than 29% of 123,620 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 2024

Gowan & Sons Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gowan & Sons Retirement Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gowan & Sons Retirement Plan reported net income rose from -$640K in the plan year 2023 filing to -$101K in the plan year 2024 filing.
  • Gowan & Sons Retirement Plan reported participants rose from 11 in the plan year 2023 filing to 18 in the plan year 2024 filing.
  • Gowan & Sons Retirement Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 823917006 · Gowan & Sons, Inc. PY 2024 · 401(k)

Gowan & Sons Retirement Plan · $2M · 18 · 29th

  • SCH $2M
  • EBSA 18
  • PART 29th
  • TYPE 401(k)
  • NET near Big Blue Swim School 401(k) Plan
  • BOOK ind #2200

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 Real Estate retirement plans → · Plans in Michigan →

Gowan & Sons Retirement Plan in the asset neighbourhood

Gowan & Sons Retirement Plan$2MBig Blue Swim School 401(k) PlanBig Blue Swim School 401(k) …$2MMcgaughey & Associates PC Profit-Sharing PlanMcgaughey & Associates PC Pr…$2MDonley Trucking Inc Retirement PlanDonley Trucking Inc Retireme…$2MVictory Design Inc 401(k) PlanVictory Design Inc 401(k) Pl…$2M
End-of-year total assets ($M) among Gowan & Sons Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Gowan & Sons, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gowan & Sons, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 28.09080547040453% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $2.64M $1.9M ▼ -28.0%
Year Plans Participants Total Assets
2022 1 9 $3M
2023 1 11 $2M
2024 1 18 $2M

Gowan & Sons, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$101K
Employer EIN823917006
Plan Effective Date2018-01-08
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Gowan & Sons Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Gowan & Sons Retirement Plan, Total assets ($B): 0.001897053 · Participants: 18Gowan & Sons Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Gowan & Sons Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Gowan & Sons Retirement Plan side-by-side with 3 peers →

Gowan & Sons Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Big Blue Swim School 401(k) Plan in IL ($2M); by covered participants it is Berchwood Partners LLC 401 (K) Profit Sharing Plan & Trust in NY (18 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (18 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gowan & Sons Retirement Plan assets move in 2024? ▼
Gowan & Sons Retirement Plan pulled back noticeably - down 5.0% during 2024, from $2M to $2M. Reported net income was -$101K.
How have Gowan & Sons, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gowan & Sons, Inc.'s sponsor-wide assets declined 28.1%, from $3M to $2M.
Which 401(k) plans are similar in size to Gowan & Sons Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Big Blue Swim School 401(k) Plan in IL ($2M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Gowan & Sons Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Berchwood Partners LLC 401 (K) Profit Sharing Plan & Trust in NY (18 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 823917006.

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.