401(k) · DOL Form 5500 · 2024
Galco Industrial Electronics, Inc. 401(k) Plan
Data updated 2026-08-25
- $28M
- Total assets Below avg plan size
- 203
- Participants Below avg headcount
- 76th
- Percentile by assets National rank
- $140,025
- Avg per participant Near avg balance/head
Official DOL plan name: Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan · Sponsored by Galco Industrial Electronics, Inc. · Michigan · Manufacturing
$28M in assets, 203 participants
Galco Industrial Electronics, Inc.'s Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan reported $28M in total assets and 203 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.
- #12,027 in Manufacturing (17,777 peers)
Coverage in Michigan
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan covers 203 participants in Michigan, about 32% of the average Michigan filer (state average ~638 per filing). Assets: $28M.
- #12,027
- in Manufacturing (17,777 peers)
- +15.9%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan's outsized position by total assets
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$28,425,043 Top 24% higher than 76% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan sits mid-pack in the medium band (203 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2023 filing to $28M in the plan year 2024 filing.
- Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 382178619 · Galco Industrial Electronics, Inc. PY 2024 · 401(k)
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan · $28M · 203 · 76th
- 5500 $28M
- ASSETS 203
- PCT 76th
- EIN 401(k)
- RANK near Staubli Corporation 401(k) Plan
- PHOTO ind #12027
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 Michigan →
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | $4M |
| Employer EIN | 382178619 |
| Plan Effective Date | 1977-10-10 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Galco Industrial Electronics, Inc.)
Sponsor-wide plan assets over time
All Galco Industrial Electronics, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $28M 40.1098814704235% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 183 | $20M |
| 2023 | 1 | 205 | $25M |
| 2024 | 1 | 203 | $28M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Galco Industrial Electronics Salary Savings & Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Staubli Corporation 401(k) Plan in SC ($28M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (203 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($28M here).
Similar participant headcount
Nearest other-state filings by covered participants (203 participants); asset peers above are excluded.
- Ampco Contracting, Inc. 401(k) Prevailing Wage Plan (CA) 203 · 0 off
- Pembina U.S. Corporation Wealth Accumulation Plan (TX) 203 · 0 off
- Tax Defense Network 401(k) Plan (FL) 203 · 0 off
- Homestead Village, Inc. 401(k) Plan (PA) 203 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.