My Plan Facts

Employers › Illinois

Employer · plans filed under one EIN

Galfab Holdings Inc.

Tinley Park, IL · Administrative and support and waste management services

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

−$9.8Mnet assets across plans
248participant records195 active
$1.4Memployer contributions, latest plan years$7,050 per active record
$0Schedule C compensation to organisations$0.00 per participant record

2 retirement plans with 100 or more participants file Form 5500 under Galfab Holdings Inc.'s employer identification number (Tinley Park, Illinois). Their latest filings total 248 participant records and −$9.8M in net assets.

The largest is Galfab Holdings Inc. Employee Stock Ownership Plan, an employee stock ownership plan with 138 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $1.4M and participant contributions $100K in the latest plan years; benefits paid were $183K. Schedule C compensation reported to service provider organisations totalled $0.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Galfab Holdings Inc. Employee Stock Ownership Planemployee stock ownership plan2025138−$10.2M—$15,432$0
Galfab Holdings, Inc. 401(k) Plan401(k) plan2024110$392K$3,567$13$0
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2017: −$12.3M2018: −$11.5M2019: $412K2021: $543K2024: −$10.8M2025: −$10.2M−$12.3M$543K−$10.2M2017201820242025
Combined net assets
2017: 2642018: 2462019: 1292021: 1352024: 2332025: 1382641382017201820242025
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20251138−$10.2M$1.4M$0
20242233−$10.8M$1.0M$100K
20211135$543K$0$115K
20191129$412K$0$134K
20182246−$11.5M$1.1M$122K
20172264−$12.3M$350K$4,000

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Questions and answers

How many retirement plans does Galfab Holdings Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Galfab Holdings Inc. Employee Stock Ownership Plan and Galfab Holdings, Inc. 401(k) Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Galfab Holdings Inc. contribute to its plans?

$1,374,774 in employer contributions across these plans in their latest plan years, about $7,050 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

The plans report no service provider organisations on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.