401(k) · DOL Form 5500 · 2022

Garber Management Group, Inc. 401(k) Plan

Data updated 2026-08-11

$88M
Total assets
1,908
Participants
92nd
Percentile by assets
$45,929
Avg per participant
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Official DOL plan name: Gmg Employees Savings Plan · Sponsored by Garber Management Group, Inc. · Michigan · Retail Trade

$88M in assets, 1,908 participants

Garber Management Group, Inc.'s Gmg Employees Savings Plan reported $88M in total assets and 1,908 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #9,104 in Retail Trade (9,519 peers)

Coverage in Michigan

Gmg Employees Savings Plan covers 1,908 participants in Michigan, 3.0x the typical Michigan plan (state average ~638 per filing). Assets: $88M.

$88M
total plan assets (2022 EOY)
1,908
covered participants
92nd
percentile by assets (of 139,126 plans)
$45,929
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Gmg Employees Savings Plan sits by total assets

Gmg Employees Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$87,633,263 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Gmg Employees Savings Plan reports 1,908 participants - 3.0x that state average ($88M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$88M
Net Income-$2M
Employer EIN381280515
Plan Effective Date1985-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garber Management Group, Inc.)

$80M$100M$120M$140M 202220232024 $87.6M $126M ▲ +44.3%
Total plan assets by year, all Garber Management Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,908 $88M
2023 1 2,209 $107M
2024 1 2,237 $126M

Nearby 401(k) Plans in Michigan

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

Gmg Employees Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Gmg Employees Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Gmg Employees Saving…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Gmg Employees Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gmg Employees Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Gmg Employees Savings Plan assets move in 2022?
Gmg Employees Savings Plan edged down modestly - down 2.6% during 2022, from $90M to $88M. Reported net income was -$2M.
How have Garber Management Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Garber Management Group, Inc.'s sponsor-wide assets grew 44.3%, from $88M to $126M.
Where does Gmg Employees Savings Plan rank by assets among Form 5500 filers?
Gmg Employees Savings Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Gmg Employees Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lionbridge Technologies 401(k) Plan in MA ($88M, 923 participants).

Next read for Gmg Employees Savings Plan

Filing takeaways

Ways to act on Gmg Employees Savings Plan's numbers.

  • By total assets, Gmg Employees Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Garber Management Group, Inc.'s sponsor-wide assets have grown 44.3% since 2022 across 3 plan years on file. More Retail Trade plans