401(k) · DOL Form 5500 · 2024

Gallo Equipment Company 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
22
Participants Small participant base
53rd
Percentile by assets National rank
$396,656
Avg per participant High balance/head
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Official DOL plan name: Gallo Equipment Company Savings Retirement Plan · Sponsored by Gallo Equipment Company · Illinois · Retail Trade

$9M in assets, 22 participants

Gallo Equipment Company's Gallo Equipment Company Savings Retirement Plan reported $9M in total assets and 22 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #5,092 in Retail Trade (8,048 peers)

Gallo Equipment Company multi-year trail

Gallo Equipment Company's plans moved -11.5% in assets from 2022 to 2024; this filing shows Gallo Equipment Company Savings Retirement Plan at $9M / 22 participants.

#5,092
in Retail Trade (8,048 peers)
-4.4%
assets change YoY

The plan reported a net loss of $402K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gallo Equipment Company Savings Retirement Plan's mid-pack asset rank among Retail Trade and all filers

Gallo Equipment Company Savings Retirement Plan vs every filed plan by assets

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

$8,726,436 Top 47% higher than 53% 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

Gallo Equipment Company Savings Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gallo Equipment Company Savings Retirement Plan is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gallo Equipment Company Savings Retirement Plan reported net income rose from -$728K in the plan year 2023 filing to -$402K in the plan year 2024 filing.
  • Gallo Equipment Company Savings Retirement Plan end-of-year assets fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Gallo Equipment Company Savings Retirement Plan reported participants fell from 23 in the plan year 2023 filing to 22 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 362667194 · Gallo Equipment Company PY 2024 · 401(k)

Gallo Equipment Company Savings Retirement Plan · $9M · 22 · 53rd

  • IND $9M
  • EOY 22
  • 5500 53rd
  • ASSETS 401(k)
  • PCT near Cap Services, Inc. 401(k) Plan
  • EIN ind #5092

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 Retail Trade retirement plans → · Plans in Illinois →

Gallo Equipment Company Savings Retirement Plan in the asset neighbourhood

Gallo Equipment Company Savings Retirement PlanGallo Equipment Company Savi…$9MCap Services, Inc. 401(k) PlanCap Services, Inc. 401(k) Pl…$9MHealthtrax International, Inc. 401(k) & Salary Savings PlanHealthtrax International, In…$9MA.Harold & Associates, LLC.$9MK2 Partnering Solutions 401(k) PlanK2 Partnering Solutions 401(…$9M
End-of-year total assets ($M) among Gallo Equipment Company Savings Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Gallo Equipment Company multi-year asset trail

Sponsor-wide plan assets over time

All Gallo Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 11.469988395092765% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M 202220232024 $9.86M $8.73M ▼ -11.5%
Year Plans Participants Total Assets
2022 1 24 $10M
2023 1 23 $9M
2024 1 22 $9M

Gallo Equipment Company filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$402K
Employer EIN362667194
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Gallo Equipment Company Savings Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Gallo Equipment Company Savings Retirement Plan, Total assets ($B): 0.008726436 · Participants: 22Gallo Equipment Company Savings Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Gallo Equipment Company Savings Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Gallo Equipment Company Savings Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Cap Services, Inc. 401(k) Plan in WI ($9M); by covered participants it is Reed & Witting Company Profit Sharing Plan in PA (22 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (22 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 Gallo Equipment Company Savings Retirement Plan assets move in 2024?
Gallo Equipment Company Savings Retirement Plan edged down modestly - down 4.4% during 2024, from $9M to $9M. Reported net income was -$402K.
How have Gallo Equipment Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Gallo Equipment Company's sponsor-wide assets declined 11.5%, from $10M to $9M.
Which 401(k) plans are similar in size to Gallo Equipment Company Savings Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Cap Services, Inc. 401(k) Plan in WI ($9M, 221 participants).
Which 401(k) plans cover a similar participant headcount to Gallo Equipment Company Savings Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Reed & Witting Company Profit Sharing Plan in PA (22 participants, N/A in assets).