401(k) · DOL Form 5500 · 2024

Gallegos Masonry, Inc. 401(k) Plan

Data updated 2026-05-15

$14M
Total assets
159
Participants
63th
Percentile by assets
$89,164
Avg per participant

Sponsored by Gallegos Masonry, Inc. · Colorado · Construction

What the 2024 filing shows

Gallegos Masonry, Inc. 401(k) Plan holds $14M for 159 participants - about $89,164 per participant, above the median plan by assets, up 2.4% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
159
covered participants
63th
percentile by assets (of 116,472 plans)
$89,164
avg assets per participant
State
Industry
Construction

401(k) · DOL Form 5500 · 2024

What the Filing Says About Gallegos Masonry, Inc. 401(k) Plan

Gallegos Masonry, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Gallegos Masonry, Inc., headquartered in Colorado. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 159 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 840741521, and the plan has been effective since 1982-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged up modestly from $14M at the beginning of 2024 to $14M at year-end - up 2.4%. Net assets (after liabilities) closed the year at $14M, with reported net income of $337K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Gallegos Masonry, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $12M to $14M, a gain of 15.3%, while reported participants moved from 183 to 159 (-13.1%). The strongest year on file by total sponsor assets was 2024 at $14M; the softest was 2022 at $12M. Year-by-year, sponsor-wide filings show: 2022 - $12M in assets across 1 plan covering 183 participants; 2023 - $14M in assets across 1 plan covering 169 participants; 2024 - $14M in assets across 1 plan covering 159 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Gallegos Masonry, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$337K
Plan Type401(k)
Employer EIN840741521
Plan Effective Date1982-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gallegos Masonry, Inc.)

Year Plans Participants Total Assets
2022 1 183 $12M
2023 1 169 $14M
2024 1 159 $14M

Nearby 401(k) Plans in Colorado

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

Frequently Asked Questions

How much money is in the Gallegos Masonry, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Gallegos Masonry, Inc. 401(k) Plan holds $14M in total assets with 159 participants. It is sponsored by Gallegos Masonry, Inc..
What type of plan is Gallegos Masonry, Inc. 401(k) Plan?
Gallegos Masonry, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1982-08-01. The plan is filed with the U.S. Department of Labor under EIN 840741521.
Who sponsors the Gallegos Masonry, Inc. 401(k) Plan?
Gallegos Masonry, Inc. 401(k) Plan is sponsored by Gallegos Masonry, Inc., located in Colorado. The sponsor's EIN is 840741521 and the plan operates in the Construction industry.
How did Gallegos Masonry, Inc. 401(k) Plan perform in 2024?
Gallegos Masonry, Inc. 401(k) Plan edged up modestly - up 2.4% during 2024, moving from $14M to $14M in total assets. Net income was $337K.

What this filing means

Ways to act on Gallegos Masonry, Inc. 401(k) Plan's numbers.

  • By total assets, Gallegos Masonry, Inc. 401(k) Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Colorado. Compare plans
  • Gallegos Masonry, Inc.'s sponsor-wide assets have grown 15.3% since 2022 across 3 plan years on file. More Construction plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 840741521.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.