401(k) · DOL Form 5500 · 2024

Gls Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
104
Participants Small participant base
61st
Percentile by assets National rank
$123,126
Avg per participant Near avg balance/head
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Official DOL plan name: Gls Industries, Inc. 401(k) Plan · Sponsored by Gls Industries, Inc. · Minnesota · Manufacturing

$13M in assets, 104 participants

Gls Industries, Inc.'s Gls Industries, Inc. 401(k) Plan reported $13M in total assets and 104 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,551 in Manufacturing (17,777 peers)

Coverage in Minnesota

Gls Industries, Inc. 401(k) Plan covers 104 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#8,551
in Manufacturing (17,777 peers)
+17.4%
assets growth YoY

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

Gls Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$12,805,121 Top 39% higher than 61% 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

Gls Industries, Inc. 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. Gls Industries, Inc. 401(k) Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gls Industries, Inc. 401(k) Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Gls Industries, Inc. 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411665692 · Gls Industries, Inc. PY 2024 · 401(k)

Gls Industries, Inc. 401(k) Plan · $13M · 104 · 61st

  • RANK $13M
  • PHOTO 104
  • IND 61st
  • EOY 401(k)
  • 5500 near Econet 401(k) Plan
  • ASSETS ind #8551

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 Minnesota →

Gls Industries, Inc. 401(k) Plan in the asset neighbourhood

Gls Industries, Inc. 401(k) PlanGls Industries, Inc. 401(k) …$13MFox Hill Village 401(k) Plan$13MEconet 401(k) Plan$13MTires Unlimited Inc. Retirement PlanTires Unlimited Inc. Retirem…$13MGlobal Wireless Solutions, Inc. 401(k) PlanGlobal Wireless Solutions, I…$13M
End-of-year total assets ($M) among Gls Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN411665692
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gls Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$13M 37.91696195660369% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.28M $12.8M ▲ +38.0%
Year Plans Participants Total Assets
2022 1 107 $9M
2023 1 104 $11M
2024 1 104 $13M

Nearby 401(k) Plans in Minnesota

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

Gls Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Gls Industries, Inc. 401(k) Plan, Total assets ($B): 0.012805121 · Participants: 104Gls Industries, Inc. 401(k) 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
Gls Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Econet 401(k) Plan in WA ($13M); by covered participants it is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Gls Industries, Inc. 401(k) Plan assets move in 2024?
Gls Industries, Inc. 401(k) Plan grew sharply - up 17.4% during 2024, from $11M to $13M. Reported net income was $2M.
How have Gls Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gls Industries, Inc.'s sponsor-wide assets grew 37.9%, from $9M to $13M.
Which 401(k) plans are similar in size to Gls Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Econet 401(k) Plan in WA ($13M, 66 participants).
Which 401(k) plans cover a similar participant headcount to Gls Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants, N/A in assets).