Department of Labor filing

GILLIGAN COMPANY

GILLIGAN COMPANY 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Sep 18, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

49filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$268

Reported employer contributions per active participant.

Higher than about 33% of comparable plans
#People in the filing
638

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$17 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 86% of comparable plans
Investment performance
Not available

Plan assets changed -13.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202249out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions33rd percentileTypical peer $365 · based on 24 comparable plans
Lower reported administrative expense86th percentileTypical peer $59 · based on 28 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2022, GILLIGAN COMPANY reported $170,860 in employer contributions across the plan and 638 active participants. That works out to $268 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy97%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context49/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$170,860
Participant contributions
$294,609
Other contributions
$0
Employer share of reported contributions
36.7%
Beginning assets
$4,800,170
Ending assets
$4,139,734
Ending net assets
$4,139,734
Ending liabilities
$0
Total income
-$429,558
Total expenses
$230,878
Administrative expenses
$10,153
Participant loans
$56,616

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$268
Plan-paid administrative expenses per participant
2022
$17
Active participants
2022
638
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$2686384.1M20230918135506NAL0058860322001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.4%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
204847477-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Dec 15, 1997
Industry
Retail trade
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D3H

Current plan terms

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Filing ACK_ID20230918135506NAL0058860322001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗