401(k) · DOL Form 5500 · 2024

Gowan Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
165
Participants Small participant base
67th
Percentile by assets National rank
$101,822
Avg per participant Below avg balance/head
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Official DOL plan name: Gowan Construction, Inc. Retirement Plan · Sponsored by Gowan Construction, Inc. · Minnesota · Construction

$17M in assets, 165 participants

Gowan Construction, Inc.'s Gowan Construction, Inc. Retirement Plan reported $17M in total assets and 165 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #5,925 in Construction (9,039 peers)

Coverage in Minnesota

Gowan Construction, Inc. Retirement Plan covers 165 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#5,925
in Construction (9,039 peers)
+9.0%
assets growth YoY

Gowan Construction, Inc. Retirement Plan's outsized position by total assets

Gowan Construction, Inc. Retirement Plan vs every filed plan by assets

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

$16,800,645 Top 33% higher than 67% 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

Gowan Construction, Inc. 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. Gowan Construction, Inc. Retirement Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gowan Construction, Inc. Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Gowan Construction, Inc. Retirement Plan reported participants rose from 147 in the plan year 2023 filing to 165 in the plan year 2024 filing.
  • Gowan Construction, Inc. Retirement Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 450435648 · Gowan Construction, Inc. PY 2024 · 401(k)

Gowan Construction, Inc. Retirement Plan · $17M · 165 · 67th

  • BOY $17M
  • SCH 165
  • EBSA 67th
  • PART 401(k)
  • TYPE near The Centers for Advanced Ent Care, LLC 401(k) Profit Sharing Plan
  • NET ind #5925

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 Minnesota →

Gowan Construction, Inc. Retirement Plan in the asset neighbourhood

Gowan Construction, Inc. Retirement PlanGowan Construction, Inc. Ret…$17MThe Centers for Advanced Ent Care, LLC 401(k) Profit Sharing PlanThe Centers for Advanced Ent…$17MWireless Communications, Inc. Safe Harbor 401(k) Profit Sharing PlanWireless Communications, Inc…$17MRadix Trading 401(k) Plan$17MSageview Capital Admin LP 401(k) and Profit Sharing PlanSageview Capital Admin LP 40…$17M
End-of-year total assets ($M) among Gowan Construction, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$1M
Employer EIN450435648
Plan Effective Date2000-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gowan Construction, Inc.)

Sponsor-wide plan assets over time

All Gowan Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 25.01451935808997% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13.4M $16.8M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 157 $13M
2023 1 147 $15M
2024 1 165 $17M

Nearby 401(k) Plans in Minnesota

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

Gowan Construction, Inc. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Gowan Construction, Inc. Retirement Plan, Total assets ($B): 0.016800645 · Participants: 165Gowan Construction, Inc. Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Gowan Construction, Inc. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Gowan Construction, Inc. Retirement Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is The Centers for Advanced Ent Care, LLC 401(k) Profit Sharing Plan in MD ($17M); by covered participants it is One Off Hospitality Group, Ltd. 401(k) Plan in IL (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 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 Gowan Construction, Inc. Retirement Plan assets move in 2024? ▼
Gowan Construction, Inc. Retirement Plan grew at a solid clip - up 9.0% during 2024, from $15M to $17M. Reported net income was $1M.
How have Gowan Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gowan Construction, Inc.'s sponsor-wide assets grew 25.0%, from $13M to $17M.
Which 401(k) plans are similar in size to Gowan Construction, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Centers for Advanced Ent Care, LLC 401(k) Profit Sharing Plan in MD ($17M, 323 participants).
Which 401(k) plans cover a similar participant headcount to Gowan Construction, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is One Off Hospitality Group, Ltd. 401(k) Plan in IL (165 participants, $3M 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 450435648.

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.