401(k) · DOL Form 5500 · 2024

Gholson Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$502K
Total assets Small plan by assets
10
Participants Small participant base
18th
Percentile by assets National rank
$50,172
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gholson Electric, Inc. 401(k) Plan · Sponsored by Gholson Electric, Inc. · Texas · Manufacturing

$502K in assets, 10 participants

Gholson Electric, Inc.'s Gholson Electric, Inc. 401(k) Plan reported $502K in total assets and 10 participants in its 2024 DOL Form 5500 filing, ranking in the 18th 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.

  • #1,225 in Manufacturing (17,777 peers)

What the 2024 filing shows

Gholson Electric, Inc. 401(k) Plan holds $502K for 10 participants - about $50,172 per participant, among the smaller plans by assets on file.

#1,225
in Manufacturing (17,777 peers)
-7.0%
assets change YoY

The plan reported a net loss of $38K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gholson Electric, Inc. 401(k) Plan among the smaller filed plans by assets

Gholson Electric, Inc. 401(k) Plan vs every filed plan by assets

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

$501,717 18th percentile higher than 18% 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

Gholson Electric, Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gholson Electric, Inc. 401(k) Plan is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gholson Electric, Inc. 401(k) Plan reported net income fell from $65K in the plan year 2023 filing to -$38K in the plan year 2024 filing.
  • Gholson Electric, Inc. 401(k) Plan reported participants fell from 11 in the plan year 2023 filing to 10 in the plan year 2024 filing.
  • Gholson Electric, Inc. 401(k) Plan end-of-year assets fell from $539K in the plan year 2023 filing to $502K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 752314153 · Gholson Electric, Inc. PY 2024 · 401(k)

Gholson Electric, Inc. 401(k) Plan · $502K · 10 · 18th

  • EBSA $502K
  • EBSA 10
  • EBSA 18th
  • EBSA 401(k)
  • EBSA near La Bola De Oro, Inc. 401(k) Profit Sharing Plan
  • EBSA ind #1225

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 Texas →

Gholson Electric, Inc. 401(k) Plan in the asset neighbourhood

Gholson Electric, Inc. 401(k) PlanGholson Electric, Inc. 401(k…$502KLa Bola De Oro, Inc. 401(k) Profit Sharing PlanLa Bola De Oro, Inc. 401(k) …$502KEnterprise Marine Group, Inc. 401(k) PlanEnterprise Marine Group, Inc…$502KPeak Rei 401(k)$502KBrian P. Mcpartland, Dmd, PC 401(k) Profit Sharing PlanBrian P. Mcpartland, Dmd, PC…$502K
End-of-year total assets ($M) among Gholson Electric, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$539K
Net Assets (End of Year)$501K
Net Income-$38K
Employer EIN752314153
Plan Effective Date1999-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gholson Electric, Inc.)

Sponsor-wide plan assets over time

All Gholson Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$502K 5.833625137640224% vs 2022
2024 filing year
$0.45M$0.5M$0.55M 202220232024 $0.47M $0.5M ▲ +6.4%
Year Plans Participants Total Assets
2022 1 12 $474K
2023 1 11 $539K
2024 1 10 $502K

Nearby 401(k) Plans in Texas

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

Gholson Electric, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Gholson Electric, Inc. 401(k) Plan, Total assets ($B): 0.000501717 · Participants: 10Gholson Electric, Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Gholson Electric, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

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

Outside Texas, the nearest 401(k) by assets is La Bola De Oro, Inc. 401(k) Profit Sharing Plan in FL ($502K); by covered participants it is Hero Home Services 401(k) Plan in MN (10 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($502K here).

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Gholson Electric, Inc. 401(k) Plan assets move in 2024?
Gholson Electric, Inc. 401(k) Plan pulled back noticeably - down 7.0% during 2024, from $539K to $502K. Reported net income was -$38K.
How have Gholson Electric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gholson Electric, Inc.'s sponsor-wide assets grew 5.8%, from $474K to $502K.
Where does Gholson Electric, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Gholson Electric, Inc. 401(k) Plan ranks in the 18th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Gholson Electric, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is La Bola De Oro, Inc. 401(k) Profit Sharing Plan in FL ($502K, 3 participants).
Which 401(k) plans cover a similar participant headcount to Gholson Electric, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hero Home Services 401(k) Plan in MN (10 participants, N/A in assets).