401(k) · DOL Form 5500 · 2024

Giffin, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
108
Participants Small participant base
71st
Percentile by assets National rank
$193,671
Avg per participant Above avg balance/head
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Official DOL plan name: Giffin, Inc. 401(k) Salary Reduction Plan & Trust · Sponsored by Giffin, Inc. · Michigan · Manufacturing

$21M in assets, 108 participants

Giffin, Inc.'s Giffin, Inc. 401(k) Salary Reduction Plan & Trust reported $21M in total assets and 108 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #10,816 in Manufacturing (17,777 peers)

Coverage in Michigan

Giffin, Inc. 401(k) Salary Reduction Plan & Trust covers 108 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $21M.

#10,816
in Manufacturing (17,777 peers)
+4.8%
assets growth YoY

Giffin, Inc. 401(k) Salary Reduction Plan & Trust's outsized position by total assets

Giffin, Inc. 401(k) Salary Reduction Plan & Trust vs every filed plan by assets

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

$20,916,439 Top 29% higher than 71% 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

Giffin, Inc. 401(k) Salary Reduction Plan & Trust 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. Giffin, Inc. 401(k) Salary Reduction Plan & Trust sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Giffin, Inc. 401(k) Salary Reduction Plan & Trust reported net income fell from $4M in the plan year 2023 filing to $962K in the plan year 2024 filing.
  • Giffin, Inc. 401(k) Salary Reduction Plan & Trust end-of-year assets rose from $20M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Giffin, Inc. 401(k) Salary Reduction Plan & Trust reported participants fell from 113 in the plan year 2023 filing to 108 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382368101 · Giffin, Inc. PY 2024 · 401(k)

Giffin, Inc. 401(k) Salary Reduction Plan & Trust · $21M · 108 · 71st

  • TYPE $21M
  • NET 108
  • BOOK 71st
  • VS-ST 401(k)
  • BOY near Florida Family Insurance 401(k) Plan
  • SCH ind #10816

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 →

Giffin, Inc. 401(k) Salary Reduction Plan & Trust in the asset neighbourhood

Giffin, Inc. 401(k) Salary Reduction Plan & TrustGiffin, Inc. 401(k) Salary R…$21MFlorida Family Insurance 401(k) PlanFlorida Family Insurance 401…$21MSeeq 401(k) Plan$21MOffit Capital Advisors LLC 401(k) Retirement Savings PlanOffit Capital Advisors LLC 4…$21MWayne Tile Co., Inc. Profit Sharing PlanWayne Tile Co., Inc. Profit …$21M
End-of-year total assets ($M) among Giffin, Inc. 401(k) Salary Reduction Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$21M
Net Income$962K
Employer EIN382368101
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Giffin, Inc.)

Sponsor-wide plan assets over time

All Giffin, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 29.614203822299405% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $16.1M $20.9M ▲ +29.6%
Year Plans Participants Total Assets
2022 1 119 $16M
2023 1 113 $20M
2024 1 108 $21M

Nearby 401(k) Plans in Michigan

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

Giffin, Inc. 401(k) Salary Reduction Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Giffin, Inc. 401(k) Salary Reduction Plan & Trust, Total assets ($B): 0.020916439 · Participants: 108Giffin, Inc. 401(k) Salary Reduction Plan & TrustGeneral 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
Giffin, Inc. 401(k) Salary Reduction Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Giffin, Inc. 401(k) Salary Reduction Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Florida Family Insurance 401(k) Plan in FL ($21M); by covered participants it is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Giffin, Inc. 401(k) Salary Reduction Plan & Trust assets move in 2024?
Giffin, Inc. 401(k) Salary Reduction Plan & Trust edged up modestly - up 4.8% during 2024, from $20M to $21M. Reported net income was $962K.
How have Giffin, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Giffin, Inc.'s sponsor-wide assets grew 29.6%, from $16M to $21M.
Which 401(k) plans are similar in size to Giffin, Inc. 401(k) Salary Reduction Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Florida Family Insurance 401(k) Plan in FL ($21M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Giffin, Inc. 401(k) Salary Reduction Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants, $4M in assets).