401(k) · DOL Form 5500 · 2024

Towlift, Inc. 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
777
Participants Near avg headcount
83rd
Percentile by assets National rank
$60,379
Avg per participant Low balance/head
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Official DOL plan name: Gnco, Inc. 401(k) Retirement Plan · Sponsored by Towlift, Inc. · Ohio · Wholesale Trade

$47M in assets, 777 participants

Towlift, Inc.'s Gnco, Inc. 401(k) Retirement Plan reported $47M in total assets and 777 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #5,123 in Wholesale Trade (6,080 peers)

Where Gnco, Inc. 401(k) Retirement Plan sits by assets

Gnco, Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $47M for 777 participants (~$60,379/participant), up 15.8% in 2024.

#5,123
in Wholesale Trade (6,080 peers)
+15.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Gnco, Inc. 401(k) Retirement Plan's outsized position by total assets

Gnco, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$46,914,497 Top 17% higher than 83% 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

Gnco, Inc. 401(k) 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. Gnco, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (777 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gnco, Inc. 401(k) Retirement Plan end-of-year assets rose from $41M in the plan year 2023 filing to $47M in the plan year 2024 filing.
  • Gnco, Inc. 401(k) Retirement Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Gnco, Inc. 401(k) Retirement Plan reported participants rose from 758 in the plan year 2023 filing to 777 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 340963132 · Towlift, Inc. PY 2024 · 401(k)

Gnco, Inc. 401(k) Retirement Plan · $47M · 777 · 83rd

  • EBSA $47M
  • PART 777
  • TYPE 83rd
  • NET 401(k)
  • BOOK near Royal Cup, Inc. 401(k) Retirement Plan
  • VS-ST ind #5123

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 Wholesale Trade retirement plans → · Plans in Ohio →

Gnco, Inc. 401(k) Retirement Plan in the asset neighbourhood

Insight Investments Corp. 401(k) Profit Sharing PlanInsight Investments Corp. 40…$47MVentra Sandusky Union #1216 401(k) PlanVentra Sandusky Union #1216 …$47MRoyal Cup, Inc. 401(k) Retirement PlanRoyal Cup, Inc. 401(k) Retir…$47MRecorded Future 401(k) Plan$47MGnco, Inc. 401(k) Retirement PlanGnco, Inc. 401(k) Retirement…$47M
End-of-year total assets ($M) among Gnco, Inc. 401(k) 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)$41M
Net Assets (End of Year)$47M
Net Income$6M
Employer EIN340963132
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Towlift, Inc.)

Sponsor-wide plan assets over time

All Towlift, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 40.2603306286702% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.5M $46.9M ▲ +40.2%
Year Plans Participants Total Assets
2022 1 515 $33M
2023 1 758 $41M
2024 1 777 $47M

Nearby 401(k) Plans in Ohio

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

Gnco, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Gnco, Inc. 401(k) Retirement Plan, Total assets ($B): 0.046914497 · Participants: 777Gnco, Inc. 401(k) Retirement PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Gnco, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Gnco, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Gnco, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Royal Cup, Inc. 401(k) Retirement Plan in AL ($47M); by covered participants it is Cws Savings Plan (401(k)) in TX (777 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($47M here).

Similar participant headcount

Nearest other-state filings by covered participants (777 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 Gnco, Inc. 401(k) Retirement Plan assets move in 2024? ▼
Gnco, Inc. 401(k) Retirement Plan grew sharply - up 15.8% during 2024, from $41M to $47M. Reported net income was $6M.
How have Towlift, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Towlift, Inc.'s sponsor-wide assets grew 40.3%, from $33M to $47M.
Where does Gnco, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Gnco, Inc. 401(k) Retirement Plan ranks in the 83rd 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 Gnco, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Royal Cup, Inc. 401(k) Retirement Plan in AL ($47M, 535 participants).
Which 401(k) plans cover a similar participant headcount to Gnco, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cws Savings Plan (401(k)) in TX (777 participants, $49M 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 340963132.

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.