Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Gchi Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Giant Cement Holding, Inc. · South Carolina · Manufacturing

What the 2023 filing shows

Gchi Retirement Plan holds $25M for 39 participants — about $645,449 per participant, down 2.1% over the 2024 plan year.

$25M
total plan assets (2024 EOY)
39
covered participants
$645,449
avg assets per participant
-2.1%
assets change YoY

The plan reported a net loss of $529K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$25M
Participants
39
Industry
Manufacturing

What the Filing Says About Gchi Retirement Plan

Gchi Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Giant Cement Holding, Inc., headquartered in South Carolina. As of the 2024 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 39 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 570997411, and the plan has been effective since 1954-11-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $26M at the beginning of 2024 to $25M at year-end — a decline of 2.1%. Net assets (after liabilities) closed the year at $25M, with reported net income of $-529,264 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 2 prior plan-year filings from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$26M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$-529,264
Plan TypeDefined Benefit (Pension)
Employer EIN570997411
Plan Effective Date1954-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Giant Cement Holding, Inc.)

Year Plans Participants Total Assets
2022 2 348 $55M
2023 2 352 $58M
2024 2 359 $60M

Nearby Defined Benefit (Pension) Plans in South Carolina

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Gchi Retirement Plan?
As of the 2024 Form 5500 filing, Gchi Retirement Plan holds $25M in total assets with 39 participants. It is sponsored by Giant Cement Holding, Inc..
What type of plan is Gchi Retirement Plan?
Gchi Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1954-11-30. The plan is filed with the U.S. Department of Labor under EIN 570997411.
Who sponsors the Gchi Retirement Plan?
Gchi Retirement Plan is sponsored by Giant Cement Holding, Inc., located in South Carolina. The sponsor's EIN is 570997411 and the plan operates in the Manufacturing industry.
How did Gchi Retirement Plan perform in 2024?
Gchi Retirement Plan declined by 2.1% during 2024, moving from $26M to $25M in total assets. Net income was $-529,264.
Where can I find official filings for Gchi Retirement Plan?
Official Form 5500 filings for Gchi Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570997411 or plan name at efast.dol.gov.
How does Gchi Retirement Plan compare to other plans?
You can compare Gchi Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 570997411.

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.