401(k) · DOL Form 5500 · 2024

Gap Inc. 401(k) Plan

Data updated 2026-07-24

$2.6B
Total assets: 70,145
Participants: 99th
Percentile by assets: $37,240
Avg per participant

Official DOL plan name: Gapshare 401(k) Plan · Sponsored by Gap Inc. · California · Retail Trade

$2.6B in assets, 70,145 participants

Gap Inc.'s Gapshare 401(k) Plan reported $2.6B in total assets and 70,145 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in California

Gapshare 401(k) Plan covers 70,145 participants in California, 110x the typical California plan (state average ~637 per filing). Assets: $2.6B.

$2.6B
total plan assets (2024 EOY): 70,145
covered participants: 99th
percentile by assets (of 116,472 plans): $37,240
avg assets per participant

Gapshare 401(k) Plan reported participants rose from 35,847 in the plan year 2023 filing to 70,145 in the plan year 2024 filing.
Gapshare 401(k) Plan reported net income fell from $337M in the plan year 2023 filing to $259M in the plan year 2024 filing.
Gapshare 401(k) Plan end-of-year assets rose from $2.4B in the plan year 2023 filing to $2.6B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

California

Industry

Retail Trade

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Gapshare 401(k) Plan reports 70,145 participants - 110x that state average ($2.6B EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$2.4B
Net Assets (End of Year)	$2.6B
Net Income	$259M
Employer EIN	941697231
Plan Effective Date	1972-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Gap Inc.)

Total plan assets by year, all Gap Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	33,785	$2.0B
2023	2	36,166	$2.4B
2024	2	70,645	$2.6B

Nearby 401(k) Plans in California

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

Gapshare 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Google LLC 401(k) Savings Plan $48.7B · 116,712
Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
Intel 401(k) Savings Plan $24.9B · 55,298
Apple 401(k) Plan $24.7B · 101,450
Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452

Compare Gapshare 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gapshare 401(k) Plan by total assets, not by location.

Alaska Airlines, Inc. Pilots Investment and Savings Plan (WA) $2.6B · 3,490
Regeneron Pharmaceuticals, Inc. 401(k) Savings Plan (NY) $2.6B · 10,876
Lenovo Savings Plan (NC) $2.6B · 4,711
Enterprise 401(k) Plan (TX) $2.6B · 7,618

Frequently Asked Questions

How did Gapshare 401(k) Plan assets move in 2024? ▼

Gapshare 401(k) Plan grew at a solid clip - up 11.0% during 2024, from $2.4B to $2.6B. Reported net income was $259M.

How have Gap Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Gap Inc.'s sponsor-wide assets grew 29.6%, from $2.0B to $2.6B.

Where does Gapshare 401(k) Plan rank by assets among Form 5500 filers? ▼

Gapshare 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Gapshare 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Alaska Airlines, Inc. Pilots Investment and Savings Plan in WA ($2.6B, 3,490 participants).

Next read for Gapshare 401(k) Plan

Filing takeaways

Ways to act on Gapshare 401(k) Plan's numbers.

By total assets, Gapshare 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
Gap Inc.'s sponsor-wide assets have grown 29.6% since 2022 across 3 plan years on file. More Retail Trade plans

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 941697231.

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.