401(k) · DOL Form 5500 · 2024

Gallant Fitness Inc. Retirement Plan

Data updated 2026-05-15

$89K
Total assets
12
Participants
6th
Percentile by assets
$7,446
Avg per participant

Sponsored by Gallant Fitness Inc. · Texas · Arts, Entertainment & Recreation

What the 2024 filing shows

Gallant Fitness Inc. Retirement Plan holds $89K for 12 participants - about $7,446 per participant, among the smaller plans by assets on file, down 41.1% over the 2024 plan year.

$89K
total plan assets (2024 EOY)
12
covered participants
6th
percentile by assets (of 116,472 plans)
$7,446
avg assets per participant

The plan reported a net loss of $62K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Arts, Entertainment & Recreation

401(k) · DOL Form 5500 · 2024

What the Filing Says About Gallant Fitness Inc. Retirement Plan

Gallant Fitness Inc. Retirement Plan is a 401(k) retirement plan sponsored by Gallant Fitness Inc., headquartered in Texas. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $89K in total end-of-year assets and covers 12 participants across the Arts, Entertainment & Recreation industry. The sponsor's EIN on file with the U.S. Department of Labor is 463655433, and the plan has been effective since 2023-04-17. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $152K at the beginning of 2024 to $89K at year-end - down 41.1%. Net assets (after liabilities) closed the year at $89K, with reported net income of -$62K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Gallant Fitness Inc. has on file with PlainRetire (2023-2024), sponsor-wide plan assets have moved from $152K to $89K, a decline of 41.1%, while reported participants moved from 13 to 12 (-7.7%). Year-by-year, sponsor-wide filings show: 2023 - $152K in assets across 1 plan covering 13 participants; 2024 - $89K in assets across 1 plan covering 12 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Gallant Fitness Inc. Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$152K
Total Assets (End of Year)$89K
Net Assets (End of Year)$89K
Net Income-$62K
Plan Type401(k)
Employer EIN463655433
Plan Effective Date2023-04-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Gallant Fitness Inc.)

Year Plans Participants Total Assets
2023 1 13 $152K
2024 1 12 $89K

Nearby 401(k) Plans in Texas

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

Frequently Asked Questions

How much money is in the Gallant Fitness Inc. Retirement Plan?
As of the 2024 Form 5500 filing, Gallant Fitness Inc. Retirement Plan holds $89K in total assets with 12 participants. It is sponsored by Gallant Fitness Inc..
What type of plan is Gallant Fitness Inc. Retirement Plan?
Gallant Fitness Inc. Retirement Plan is a 401(k) plan. It has been effective since 2023-04-17. The plan is filed with the U.S. Department of Labor under EIN 463655433.
Who sponsors the Gallant Fitness Inc. Retirement Plan?
Gallant Fitness Inc. Retirement Plan is sponsored by Gallant Fitness Inc., located in Texas. The sponsor's EIN is 463655433 and the plan operates in the Arts, Entertainment & Recreation industry.
How did Gallant Fitness Inc. Retirement Plan perform in 2024?
Gallant Fitness Inc. Retirement Plan contracted severely - down 41.1% during 2024, moving from $152K to $89K in total assets. Net income was -$62K.

What this filing means

Ways to act on Gallant Fitness Inc. Retirement Plan's numbers.

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 463655433.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.