401(k) · DOL Form 5500 · 2024

Gilbane Inc. 401(k) Plan

Data updated 2026-08-06

$1.0B
Total assets
3,405
Participants
98th
Percentile by assets
$293,888
Avg per participant
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Official DOL plan name: Gilbane 401(k) & Retirement Plan · Sponsored by Gilbane Inc. · Rhode Island · Construction

$1.0B in assets, 3,405 participants

Gilbane Inc.'s Gilbane 401(k) & Retirement Plan reported $1.0B in total assets and 3,405 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)
  • #8,202 in Construction (8,304 peers)

Coverage in Rhode Island

Gilbane 401(k) & Retirement Plan covers 3,405 participants in Rhode Island, 2.3x the typical Rhode Island plan (state average ~1,486 per filing). Assets: $1.0B.

$1.0B
total plan assets (2024 EOY)
3,405
covered participants
98th
percentile by assets (of 116,472 plans)
$293,888
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gilbane 401(k) & Retirement Plan reported net income fell from $114M in the plan year 2023 filing to $94M in the plan year 2024 filing.
  • Gilbane 401(k) & Retirement Plan end-of-year assets rose from $906M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Gilbane 401(k) & Retirement Plan reported participants fell from 3,582 in the plan year 2023 filing to 3,405 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,486 participants across 402 plans. Gilbane 401(k) & Retirement Plan reports 3,405 participants - 2.3x that state average ($1.0B EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$906M
Net Assets (End of Year)$1.0B
Net Income$94M
Employer EIN050147010
Plan Effective Date1975-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Gilbane Inc.)

$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.79B $1B ▲ +26.6%
Total plan assets by year, all Gilbane Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,969 $792M
2023 1 3,582 $906M
2024 1 3,405 $1.0B

Nearby 401(k) Plans in Rhode Island

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

Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -10010203040 Total assets ($B) Participants Gilbane 401(k) & Ret…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFactory Mutual Insur…
Gilbane 401(k) & Retirement Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gilbane 401(k) & Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Gilbane 401(k) & Retirement Plan assets move in 2024?
Gilbane 401(k) & Retirement Plan grew at a solid clip - up 10.4% during 2024, from $906M to $1.0B. Reported net income was $94M.
How have Gilbane Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gilbane Inc.'s sponsor-wide assets grew 26.3%, from $792M to $1.0B.
Where does Gilbane 401(k) & Retirement Plan rank by assets among Form 5500 filers?
Gilbane 401(k) & Retirement Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Gilbane 401(k) & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Wsgr 401(k) and Profit Sharing Plan in CA ($1.0B, 2,099 participants).

Next read for Gilbane 401(k) & Retirement Plan

Filing takeaways

Ways to act on Gilbane 401(k) & Retirement Plan's numbers.