401(k) · DOL Form 5500 · 2024

Gulf Equipment Corporation 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
117
Participants Small participant base
64th
Percentile by assets National rank
$125,002
Avg per participant Near avg balance/head
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Official DOL plan name: Gulf Equipment Corporation 401(k) Plan · Sponsored by Gulf Equipment Corporation · Alabama · Construction

$15M in assets, 117 participants

Gulf Equipment Corporation's Gulf Equipment Corporation 401(k) Plan reported $15M in total assets and 117 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #5,624 in Construction (9,039 peers)

Coverage in Alabama

Gulf Equipment Corporation 401(k) Plan covers 117 participants in Alabama, about 33% of the average Alabama filer (state average ~360 per filing). Assets: $15M.

#5,624
in Construction (9,039 peers)
+8.5%
assets growth YoY

Gulf Equipment Corporation 401(k) Plan's mid-pack asset rank among Construction and all filers

Gulf Equipment Corporation 401(k) Plan vs every filed plan by assets

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

$14,625,201 Top 36% higher than 64% 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 Equipment Corporation 401(k) 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 Equipment Corporation 401(k) Plan sits mid-pack in the medium band (117 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gulf Equipment Corporation 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Gulf Equipment Corporation 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Gulf Equipment Corporation 401(k) Plan reported participants fell from 122 in the plan year 2023 filing to 117 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 630879907 · Gulf Equipment Corporation PY 2024 · 401(k)

Gulf Equipment Corporation 401(k) Plan · $15M · 117 · 64th

  • BOY $15M
  • BOY 117
  • BOY 64th
  • BOY 401(k)
  • BOY near Gma Accessories Inc. 401(k) and Profit Sharing Plan
  • BOY ind #5624

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 Alabama →

Gulf Equipment Corporation 401(k) Plan in the asset neighbourhood

Gulf Equipment Corporation 401(k) PlanGulf Equipment Corporation 4…$15MTwin Star International, Inc. 401(k) Profit Sharing Plan & TruTwin Star International, Inc…$15MGma Accessories Inc. 401(k) and Profit Sharing PlanGma Accessories Inc. 401(k) …$15MDecision Technologies, 401(k)$15MWalter 401(k) Retirement Savings PlanWalter 401(k) Retirement Sav…$15M
End-of-year total assets ($M) among Gulf Equipment Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$1M
Employer EIN630879907
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gulf Equipment Corporation)

Sponsor-wide plan assets over time

All Gulf Equipment Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$15M 29.673625943944526% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.3M $14.6M ▲ +29.7%
Year Plans Participants Total Assets
2022 1 128 $11M
2023 1 122 $13M
2024 1 117 $15M

Nearby 401(k) Plans in Alabama

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

Gulf Equipment Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Gulf Equipment Corporation 401(k) Plan, Total assets ($B): 0.014625201 · Participants: 117Gulf Equipment Corporation 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Gulf Equipment Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Gulf Equipment Corporation 401(k) Plan side-by-side with 3 peers →

Gulf Equipment Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Gma Accessories Inc. 401(k) and Profit Sharing Plan in NJ ($15M); by covered participants it is Quality Beverage 401(k) Plan in MA (117 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (117 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 Equipment Corporation 401(k) Plan assets move in 2024? ▼
Gulf Equipment Corporation 401(k) Plan grew at a solid clip - up 8.5% during 2024, from $13M to $15M. Reported net income was $1M.
How have Gulf Equipment Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gulf Equipment Corporation's sponsor-wide assets grew 29.7%, from $11M to $15M.
Which 401(k) plans are similar in size to Gulf Equipment Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gma Accessories Inc. 401(k) and Profit Sharing Plan in NJ ($15M, 221 participants).
Which 401(k) plans cover a similar participant headcount to Gulf Equipment Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Quality Beverage 401(k) Plan in MA (117 participants, N/A 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 630879907.

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.