401(k) · DOL Form 5500 · 2024

Gate City Electric 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
45
Participants Small participant base
34th
Percentile by assets National rank
$68,509
Avg per participant Below avg balance/head
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Official DOL plan name: Gate City Electric 401(k) Profit Sharing Plan · Sponsored by Gate City Electric · New Hampshire · Construction

$3M in assets, 45 participants

Gate City Electric's Gate City Electric 401(k) Profit Sharing Plan reported $3M in total assets and 45 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,992 in Construction (9,039 peers)

Gate City Electric multi-year trail

Gate City Electric's plans moved +15.8% in assets from 2022 to 2024; this filing shows Gate City Electric 401(k) Profit Sharing Plan at $3M / 45 participants.

#2,992
in Construction (9,039 peers)
+7.8%
assets growth YoY

Gate City Electric 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Gate City Electric 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,082,919 34th percentile higher than 34% 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

Gate City Electric 401(k) Profit Sharing 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. Gate City Electric 401(k) Profit Sharing Plan is a small filing (45 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gate City Electric 401(k) Profit Sharing Plan reported net income rose from $197K in the plan year 2023 filing to $223K in the plan year 2024 filing.
  • Gate City Electric 401(k) Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Gate City Electric 401(k) Profit Sharing Plan reported participants rose from 42 in the plan year 2023 filing to 45 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 201438577 · Gate City Electric PY 2024 · 401(k)

Gate City Electric 401(k) Profit Sharing Plan · $3M · 45 · 34th

  • IND $3M
  • EOY 45
  • 5500 34th
  • ASSETS 401(k)
  • PCT near 12 Oaks Management Services in 401(k) Profit Sharing Plan & Trust
  • EIN ind #2992

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 Construction retirement plans → · Plans in New Hampshire →

Gate City Electric 401(k) Profit Sharing Plan in the asset neighbourhood

Gate City Electric 401(k) Profit Sharing PlanGate City Electric 401(k) Pr…$3M12 Oaks Management Services in 401(k) Profit Sharing Plan & Trust12 Oaks Management Services …$3MBbf Corporation 401(k) Plan$3MScimed Solutions 401(k) Plan$3MCorp IV Holdings, Inc. 401(k) Savings PlanCorp IV Holdings, Inc. 401(k…$3M
End-of-year total assets ($M) among Gate City Electric 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Gate City Electric multi-year asset trail

Sponsor-wide plan assets over time

All Gate City Electric plans reported in each filing year

Latest sponsor-wide plan assets
$3M 15.762732357641518% vs 2022
2024 filing year
$2.6M$2.8M$3M$3.2M 202220232024 $2.66M $3.08M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 44 $3M
2023 1 42 $3M
2024 1 45 $3M

Gate City Electric filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$223K
Employer EIN201438577
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Hampshire

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

Gate City Electric 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Gate City Electric 401(k) Profit Sharing Plan, Total assets ($M): 3.082919 · Participants: 45Gate City Electric 401(k) Profit Sharing PlanC&s and Affiliates 401(k) Savings Plan (a), Total assets ($M): 670.52032 · Participants: 11041C&s and Affiliates 401(k) Savings Plan (a)Ams Osram Savings Plan, Total assets ($M): 486.920985 · Participants: 961Ams Osram Savings PlanAlbany International Corp. Prosperity Plus Savings Plan, Total assets ($M): 481.365142 · Participants: 1909Albany International Corp. Prosperity Plus Savings PlanConnection Employee 401(k) and Profit Sharing Plan, Total assets ($M): 438.844096 · Participants: 2733Connection Employee 401(k) and Profit Sharing PlanCoca Cola Beverages Northeast, Inc. Incentive Savings Plan, Total assets ($M): 400.152906 · Participants: 2821Coca Cola Beverages Northeast, Inc. Incentive Savings Plan
Gate City Electric 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Hampshire, assets vs. participants
Compare Gate City Electric 401(k) Profit Sharing Plan side-by-side with 3 peers →

Gate City Electric 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Hampshire, the nearest 401(k) by assets is 12 Oaks Management Services in 401(k) Profit Sharing Plan & Trust in TX ($3M); by covered participants it is Coact, Inc. 401(k) Plan in MD (45 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (45 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 Gate City Electric 401(k) Profit Sharing Plan assets move in 2024? ▼
Gate City Electric 401(k) Profit Sharing Plan grew at a solid clip - up 7.8% during 2024, from $3M to $3M. Reported net income was $223K.
How have Gate City Electric plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gate City Electric's sponsor-wide assets grew 15.8%, from $3M to $3M.
Which 401(k) plans are similar in size to Gate City Electric 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is 12 Oaks Management Services in 401(k) Profit Sharing Plan & Trust in TX ($3M, 1,036 participants).
Which 401(k) plans cover a similar participant headcount to Gate City Electric 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Coact, Inc. 401(k) Plan in MD (45 participants, $2M in assets).

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 201438577.

Read our methodology - how this data is sourced, computed, and verified.

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