401(k) · DOL Form 5500 · 2022

The Gem Group, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
313
Participants Below avg headcount
80th
Percentile by assets National rank
$75,792
Avg per participant Below avg balance/head
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Official DOL plan name: The Gem Group, Inc. Retirement Plan · Sponsored by The Gem Group, Inc. · Massachusetts · Manufacturing

$24M in assets, 313 participants

The Gem Group, Inc.'s The Gem Group, Inc. Retirement Plan reported $24M in total assets and 313 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,712 in Manufacturing (20,602 peers)

Coverage in Massachusetts

The Gem Group, Inc. Retirement Plan covers 313 participants in Massachusetts, about 48% of the average Massachusetts filer (state average ~659 per filing). Assets: $24M.

#14,712
in Manufacturing (20,602 peers)
-15.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Gem Group, Inc. Retirement Plan's outsized position by total assets

The Gem Group, Inc. Retirement Plan vs every filed plan by assets

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

$23,722,912 Top 20% higher than 80% of 139,123 filed plans

This plan $0 $2,050,000,000 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

The Gem Group, Inc. Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gem Group, Inc. Retirement Plan sits mid-pack in the medium band (313 participants).

Plan-year Form 5500 strip

Filing strip 042319824 · The Gem Group, Inc. PY 2022 · 401(k)

The Gem Group, Inc. Retirement Plan · $24M · 313 · 80th

  • NET $24M
  • BOOK 313
  • VS-ST 80th
  • BOY 401(k)
  • SCH near Merchants Bancorp 401(k) Plan
  • EBSA ind #14712

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Massachusetts →

The Gem Group, Inc. Retirement Plan in the asset neighbourhood

Accu-Mold, LLC 401(k) & Profit Sharing PlanAccu-Mold, LLC 401(k) & Prof…$24MThe Gem Group, Inc. Retirement PlanThe Gem Group, Inc. Retireme…$24MMerchants Bancorp 401(k) Plan$24MThe Century 401(k) Plan$24MProducers Service Employee Stock Ownership Plan and TrustProducers Service Employee S…$24M
End-of-year total assets ($M) among The Gem Group, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$24M
Net Income-$4M
Employer EIN042319824
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gem Group, Inc.)

Sponsor-wide plan assets over time

All The Gem Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 18.734778428550424% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.7M $28.2M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 313 $24M
2023 1 320 $27M
2024 1 386 $28M

Nearby 401(k) Plans in Massachusetts

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

The Gem Group, Inc. Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants The Gem Group, Inc. Retirement Plan, Total assets ($B): 0.023722912 · Participants: 313The Gem Group, Inc. Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
The Gem Group, Inc. Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare The Gem Group, Inc. Retirement Plan side-by-side with 3 peers →

The Gem Group, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Merchants Bancorp 401(k) Plan in IN ($24M); by covered participants it is Harmac Medical Products, Inc. Retirement Savings Plan in NY (313 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (313 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Gem Group, Inc. Retirement Plan assets move in 2022? ▼
The Gem Group, Inc. Retirement Plan declined sharply - down 15.4% during 2022, from $28M to $24M. Reported net income was -$4M.
How have The Gem Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Gem Group, Inc.'s sponsor-wide assets grew 18.7%, from $24M to $28M.
Where does The Gem Group, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
The Gem Group, Inc. Retirement Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Gem Group, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Merchants Bancorp 401(k) Plan in IN ($24M, 501 participants).
Which 401(k) plans cover a similar participant headcount to The Gem Group, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Harmac Medical Products, Inc. Retirement Savings Plan in NY (313 participants, $18M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042319824.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.