401(k) · DOL Form 5500 · 2024

Galvan Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
82
Participants Small participant base
55th
Percentile by assets National rank
$120,304
Avg per participant Near avg balance/head
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Official DOL plan name: Galvan Industries, Inc. Profit Sharing 401(k) Plan · Sponsored by Galvan Industries, Inc. · North Carolina · Manufacturing

$10M in assets, 82 participants

Galvan Industries, Inc.'s Galvan Industries, Inc. Profit Sharing 401(k) Plan reported $10M in total assets and 82 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,317 in Manufacturing (17,777 peers)

Galvan Industries, Inc. multi-year trail

Galvan Industries, Inc.'s plans moved +16.6% in assets from 2023 to 2024; this filing shows Galvan Industries, Inc. Profit Sharing 401(k) Plan at $10M / 82 participants.

#7,317
in Manufacturing (17,777 peers)
+16.6%
assets growth YoY

Galvan Industries, Inc. Profit Sharing 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Galvan Industries, Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

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

$9,864,917 Top 45% higher than 55% 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

Galvan Industries, Inc. Profit Sharing 401(k) 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. Galvan Industries, Inc. Profit Sharing 401(k) Plan is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Galvan Industries, Inc. Profit Sharing 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Galvan Industries, Inc. Profit Sharing 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Galvan Industries, Inc. Profit Sharing 401(k) Plan reported participants fell from 92 in the plan year 2023 filing to 82 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 560788307 · Galvan Industries, Inc. PY 2024 · 401(k)

Galvan Industries, Inc. Profit Sharing 401(k) Plan · $10M · 82 · 55th

  • VS-ST $10M
  • BOY 82
  • SCH 55th
  • EBSA 401(k)
  • PART near Evolutioniq 401(k) Plan
  • TYPE ind #7317

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 North Carolina →

Galvan Industries, Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

New York State Industries for the Disabled, Inc. Retirement PlanNew York State Industries fo…$10MGalvan Industries, Inc. Profit Sharing 401(k) PlanGalvan Industries, Inc. Prof…$10MEvolutioniq 401(k) Plan$10MRichmond Ford, LLC Salary Deferral 401(k) Profit Sharing PlanRichmond Ford, LLC Salary De…$10MBerridge Manufacturing 401(k) PlanBerridge Manufacturing 401(k…$10M
End-of-year total assets ($M) among Galvan Industries, Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Galvan Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Galvan Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 16.63476376561902% vs 2023
2024 filing year
$8M$8.5M$9M$9.5M$10M 20232024 $8.46M $9.86M ▲ +16.5%
Year Plans Participants Total Assets
2023 1 92 $8M
2024 1 82 $10M

Galvan Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN560788307
Plan Effective Date1982-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Galvan Industries, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Galvan Industries, Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.009864917 · Participants: 82Galvan Industries, Inc. Profit Sharing 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Galvan Industries, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Galvan Industries, Inc. Profit Sharing 401(k) Plan side-by-side with 3 peers →

Galvan Industries, Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Evolutioniq 401(k) Plan in NY ($10M); by covered participants it is Infopaginas 1081.01(D) Plan in PR (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Galvan Industries, Inc. Profit Sharing 401(k) Plan assets move in 2024? ▼
Galvan Industries, Inc. Profit Sharing 401(k) Plan grew sharply - up 16.6% during 2024, from $8M to $10M. Reported net income was $1M.
How have Galvan Industries, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Galvan Industries, Inc.'s sponsor-wide assets grew 16.6%, from $8M to $10M.
Which 401(k) plans are similar in size to Galvan Industries, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Evolutioniq 401(k) Plan in NY ($10M, 139 participants).
Which 401(k) plans cover a similar participant headcount to Galvan Industries, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Infopaginas 1081.01(D) Plan in PR (82 participants, $801K 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 560788307.

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.