401(k)
2024 plan-year 401(k) DOL Form 5500

G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN

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

G & T INDUSTRIES, INC

This 401(k) plan holds $65M in total assets and serves 329 participants as of 2024. It is sponsored by G & T INDUSTRIES, INC in Michigan. The plan reported a net loss of $535K for the year.

Total Assets (2023)
$65M
Participants
329
State
Industry
Manufacturing

What the Filing Says About G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN

G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN is a 401(k) retirement plan sponsored by G & T INDUSTRIES, INC, headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $65M in total end-of-year assets and covers 329 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 381460927, and the plan has been effective since 1958-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $65M at the beginning of 2024 to $65M at year-end — a decline of 0.8%. Net assets (after liabilities) closed the year at $65M, with reported net income of $-534,811 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)$65M
Total Assets (End of Year)$65M
Net Assets (End of Year)$65M
Net Income$-534,811
Plan Type401(k)
Employer EIN381460927
Plan Effective Date1958-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (G & T INDUSTRIES, INC)

Year Plans Participants Total Assets
2022 1 387 $58M
2023 1 359 $65M
2024 1 329 $65M

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Frequently Asked Questions

How much money is in the G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2024 Form 5500 filing, G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN holds $65M in total assets with 329 participants. It is sponsored by G & T INDUSTRIES, INC.
What type of plan is G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN?
G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN is a 401(k) plan. It has been effective since 1958-10-01. The plan is filed with the U.S. Department of Labor under EIN 381460927.
Who sponsors the G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN?
G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by G & T INDUSTRIES, INC, located in Michigan. The sponsor's EIN is 381460927 and the plan operates in the Manufacturing industry.
How did G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN perform in 2024?
G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN declined by 0.8% during 2024, moving from $65M to $65M in total assets. Net income was $-534,811.
Where can I find official filings for G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381460927 or plan name at efast.dol.gov.
How does G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare G & T INDUSTRIES, INC SAVINGS & EMPLOYEE STOCK OWNERSHIP PLAN against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 381460927.

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 official public datasets. See our methodology for details.