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Original filing (PDF)20250716071619NAL0001768131001
GALCO INDUSTRIAL ELECTRONICS, INC.
Form 5500
FILING_RECEIVED
GALCO INDUSTRIAL ELECTRONICS SALARY SAVINGS & EMPLOYEES' PROFIT SHARING PLAN
401(k) retirement plan
Active participants
204
Accounts w/ balance
234
Plan assets (EOY)
$28.4M
Net assets (EOY)
$28.4M
How this plan invests
This plan
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GALCO INDUSTRIAL ELECTRONICS, INC..
Plan sponsor
Name
GALCO INDUSTRIAL ELECTRONICS, INC.
EIN
38-2178619
Address
1001 E. LINCOLN · MADISON HEIGHTS, MI · 48071
Phone
(248) 542-9090
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-16
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
DOEREN MAYHEW ASSURANCE
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $21K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LPL FINANCIAL LLC | 04-3046611 | — | ADVISOR | $46K | — |
Investments
29 direct securities· $28.4M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Alliance Bernstein AB Large Cap Growth Fund Class A | — | — | — | $5.2M | 18.2% | |
| American Funds American Funds 2035 Trgt Date Retire R4 | — | — | — | $2.7M | 9.5% | |
| American Funds American Funds New Perspective R4 | — | — | — | $2.4M | 8.5% | |
| American Funds American Funds 2030 Trgt Date Retire R4 | — | — | — | $1.9M | 6.8% | |
| T. Rowe Price T Rowe Price Value Advisor Class | — | — | — | $1.9M | 6.7% | |
| Fidelity Government Cash Reserves (Money Market) | — | — | — | $1.6M | 5.6% | |
| American Funds American Funds 2040 Trgt Date Retire R4 | — | — | — | $1.4M | 5.0% | |
| JP Morgan Chase JPMorgan Mid Cap Growth A | — | — | — | $1.3M | 4.7% | |
| Nuveen Small Cap Select Fund | — | — | — | $1.2M | 4.4% | |
| American Funds American Funds 2045 Trgt Date Retire R4 | — | — | — | $1.2M | 4.2% | |
| American Funds American Funds 2050 Trgt Date Retire R4 | — | — | — | $1.0M | 3.7% | |
| Fidelity Total Market Index Fund | — | — | — | $1.0M | 3.6% | |
| Morgan Stanley Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio Class I | — | — | — | $676K | 2.4% | |
| PIMCO Investment Grade Credit Bond Instl | — | — | — | $654K | 2.3% | |
| American Funds American Funds 2055 Trgt Date Retire R4 | — | — | — | $605K | 2.1% | |
| Lord Abbett Lord Abbett Short Duration Income A | — | — | — | $571K | 2.0% | |
| PIMCO Real Return Fund A | — | — | — | $531K | 1.9% | |
| American Funds American Funds 2060 Trgt Date Retire R4 | — | — | — | $508K | 1.8% | |
| American Funds American Funds 2025 Trgt Date Retire R4 | — | — | — | $487K | 1.7% | |
| Prudential Financial Prudential Global Total Return A | — | — | — | $422K | 1.5% | |
| American Funds American Funds 2010 Trgt Date Retire R4 | — | — | — | $258K | 0.9% | |
| American Funds American Funds 2020 Trgt Date Retire R4 | — | — | — | $161K | 0.6% | |
| PIMCO GNMA and Government Securities Fund Class A | — | — | — | $157K | 0.6% | |
| Franklin Templeton Franklin Income Fund A | — | — | — | $106K | 0.4% | |
| American Funds American Funds 2065 Trgt Date Retire R4 | — | — | — | $101K | 0.4% | |
| Fidelity U.S. Bond Index Fund | — | — | — | $72K | 0.3% | |
| Fidelity Mid Cap Index Fund | — | — | — | $63K | 0.2% | |
| Fidelity Total International Index Fund | — | — | — | $61K | 0.2% | |
| Notes receivable from participants Interest rate at 6.25% with maturity date of 12/3/2030 | — | — | — | $8K | <0.1% |
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