401(k) · DOL Form 5500 · 2023

Gaftek, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
90
Participants Small participant base
61st
Percentile by assets National rank
$126,882
Avg per participant Near avg balance/head
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Official DOL plan name: Gaftek, Inc. Employee Stock Ownership 401(k) Plan · Sponsored by Gaftek, Inc. · Maine · Construction

$11M in assets, 90 participants

Gaftek, Inc.'s Gaftek, Inc. Employee Stock Ownership 401(k) Plan reported $11M in total assets and 90 participants in its 2023 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.

  • #5,411 in Construction (9,030 peers)

Gaftek, Inc. multi-year trail

Gaftek, Inc.'s plans moved +75.5% in assets from 2022 to 2024; this filing shows Gaftek, Inc. Employee Stock Ownership 401(k) Plan at $11M / 90 participants.

#5,411
in Construction (9,030 peers)
+64.9%
assets growth YoY

Gaftek, Inc. Employee Stock Ownership 401(k) Plan's mid-pack asset rank among Construction and all filers

Gaftek, Inc. Employee Stock Ownership 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,419,402 Top 39% higher than 61% of 127,068 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 2023

Gaftek, Inc. Employee Stock Ownership 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gaftek, Inc. Employee Stock Ownership 401(k) Plan is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gaftek, Inc. Employee Stock Ownership 401(k) Plan reported net income rose from -$159K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Gaftek, Inc. Employee Stock Ownership 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Gaftek, Inc. Employee Stock Ownership 401(k) Plan reported participants fell from 94 in the plan year 2022 filing to 90 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 020495002 · Gaftek, Inc. PY 2023 · 401(k)

Gaftek, Inc. Employee Stock Ownership 401(k) Plan · $11M · 90 · 61st

  • EOY $11M
  • EOY 90
  • EOY 61st
  • EOY 401(k)
  • EOY near Calvetti Ferguson 401(k) Profit Sharing Plan
  • EOY ind #5411

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 Maine →

Gaftek, Inc. Employee Stock Ownership 401(k) Plan in the asset neighbourhood

Gaftek, Inc. Employee Stock Ownership 401(k) PlanGaftek, Inc. Employee Stock …$11MCalvetti Ferguson 401(k) Profit Sharing PlanCalvetti Ferguson 401(k) Pro…$11MCal Coast Machinery, Inc. 401(k) Profit Sharing PlanCal Coast Machinery, Inc. 40…$11MDraco Spring Manufacturing Company Employees Savings and ReDraco Spring Manufacturing C…$11MBolton Veterinary Hospital, P.C. 401(k) Profit Sharing PlanBolton Veterinary Hospital, …$11M
End-of-year total assets ($M) among Gaftek, Inc. Employee Stock Ownership 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Gaftek, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gaftek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 75.45665639480677% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $6.93M $12.2M ▲ +75.3%
Year Plans Participants Total Assets
2022 1 94 $7M
2023 1 90 $11M
2024 1 94 $12M

Gaftek, Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$11M
Net Income$4M
Employer EIN020495002
Plan Effective Date2017-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maine

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

Gaftek, Inc. Employee Stock Ownership 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Gaftek, Inc. Employee Stock Ownership 401(k) Plan, Total assets ($B): 0.011419402 · Participants: 90Gaftek, Inc. Employee Stock Ownership 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanL.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings Plan
Gaftek, Inc. Employee Stock Ownership 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Gaftek, Inc. Employee Stock Ownership 401(k) Plan side-by-side with 3 peers →

Gaftek, Inc. Employee Stock Ownership 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Calvetti Ferguson 401(k) Profit Sharing Plan in TX ($11M); by covered participants it is International Marine Products Retirement Plan in CA (90 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (90 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gaftek, Inc. Employee Stock Ownership 401(k) Plan assets move in 2023? ▼
Gaftek, Inc. Employee Stock Ownership 401(k) Plan surged - up 64.9% during 2023, from $7M to $11M. Reported net income was $4M.
How have Gaftek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gaftek, Inc.'s sponsor-wide assets grew 75.5%, from $7M to $12M.
Which 401(k) plans are similar in size to Gaftek, Inc. Employee Stock Ownership 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Calvetti Ferguson 401(k) Profit Sharing Plan in TX ($11M, 134 participants).
Which 401(k) plans cover a similar participant headcount to Gaftek, Inc. Employee Stock Ownership 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is International Marine Products Retirement Plan in CA (90 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 020495002.

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.