401(k) · DOL Form 5500 · 2024

Gulf Island Fabrication, Inc. 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
807
Participants Near avg headcount
86th
Percentile by assets National rank
$71,342
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gulf Island Fabrication Inc. Qualified Retirement Plan · Sponsored by Gulf Island Fabrication, Inc. · Texas · Manufacturing

$58M in assets, 807 participants

Gulf Island Fabrication, Inc.'s Gulf Island Fabrication Inc. Qualified Retirement Plan reported $58M in total assets and 807 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,145 in Manufacturing (17,777 peers)

Where Gulf Island Fabrication Inc. Qualified Retirement Plan sits by assets

Gulf Island Fabrication Inc. Qualified Retirement Plan sits in the top quartile of all filed plans by assets, $58M for 807 participants (~$71,342/participant), up 5.2% in 2024.

#14,145
in Manufacturing (17,777 peers)
+5.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Gulf Island Fabrication Inc. Qualified Retirement Plan's outsized position by total assets

Gulf Island Fabrication Inc. Qualified Retirement Plan vs every filed plan by assets

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

$57,572,701 Top 14% higher than 86% 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

Gulf Island Fabrication Inc. Qualified Retirement Plan 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. Gulf Island Fabrication Inc. Qualified Retirement Plan sits mid-pack in the medium band (807 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gulf Island Fabrication Inc. Qualified Retirement Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Gulf Island Fabrication Inc. Qualified Retirement Plan reported participants rose from 742 in the plan year 2023 filing to 807 in the plan year 2024 filing.
  • Gulf Island Fabrication Inc. Qualified Retirement Plan end-of-year assets rose from $55M in the plan year 2023 filing to $58M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 721147390 · Gulf Island Fabrication, Inc. PY 2024 · 401(k)

Gulf Island Fabrication Inc. Qualified Retirement Plan · $58M · 807 · 86th

  • PHOTO $58M
  • IND 807
  • EOY 86th
  • 5500 401(k)
  • ASSETS near O'connell Electric Company, Inc. 401(k) Profit Sharing Plan
  • PCT ind #14145

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 Texas →

Gulf Island Fabrication Inc. Qualified Retirement Plan in the asset neighbourhood

Aafcpas, Inc 401(k) Savings PlanAafcpas, Inc 401(k) Savings …$58MPlanet Labs 401(k) Plan$58MGulf Island Fabrication Inc. Qualified Retirement PlanGulf Island Fabrication Inc.…$58MO'connell Electric Company, Inc. 401(k) Profit Sharing PlanO'connell Electric Company, …$58MTriumvirate Environmental, Inc. Savings, Profit Sharing & Retirement PlanTriumvirate Environmental, I…$58M
End-of-year total assets ($M) among Gulf Island Fabrication Inc. Qualified Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$58M
Net Income$3M
Employer EIN721147390
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gulf Island Fabrication, Inc.)

Sponsor-wide plan assets over time

All Gulf Island Fabrication, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 17.903219616504234% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $48.8M $57.6M ▲ +17.9%
Year Plans Participants Total Assets
2022 1 468 $49M
2023 1 742 $55M
2024 1 807 $58M

Nearby 401(k) Plans in Texas

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

Gulf Island Fabrication Inc. Qualified Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Gulf Island Fabrication Inc. Qualified Retirement Plan, Total assets ($B): 0.057572701 · Participants: 807Gulf Island Fabrication Inc. Qualified Retirement PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Gulf Island Fabrication Inc. Qualified Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Gulf Island Fabrication Inc. Qualified Retirement Plan side-by-side with 3 peers →

Gulf Island Fabrication Inc. Qualified Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is O'connell Electric Company, Inc. 401(k) Profit Sharing Plan in NY ($58M); by covered participants it is Autism Society of North Carolina 401(k) Profit Sharing Plan in NC (807 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (807 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 Gulf Island Fabrication Inc. Qualified Retirement Plan assets move in 2024? ▼
Gulf Island Fabrication Inc. Qualified Retirement Plan grew at a solid clip - up 5.2% during 2024, from $55M to $58M. Reported net income was $3M.
How have Gulf Island Fabrication, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gulf Island Fabrication, Inc.'s sponsor-wide assets grew 17.9%, from $49M to $58M.
Where does Gulf Island Fabrication Inc. Qualified Retirement Plan rank by assets among Form 5500 filers? ▼
Gulf Island Fabrication Inc. Qualified Retirement Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gulf Island Fabrication Inc. Qualified Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is O'connell Electric Company, Inc. 401(k) Profit Sharing Plan in NY ($58M, 198 participants).
Which 401(k) plans cover a similar participant headcount to Gulf Island Fabrication Inc. Qualified Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Autism Society of North Carolina 401(k) Profit Sharing Plan in NC (807 participants, $9M 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 721147390.

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.