401(k) · DOL Form 5500 · 2023

Gare, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
27
Participants Small participant base
39th
Percentile by assets National rank
$138,451
Avg per participant Near avg balance/head
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Official DOL plan name: Gare, Inc. 401(k) Profit Sharing Plan · Sponsored by Gare, Inc. · Massachusetts · Manufacturing

$4M in assets, 27 participants

Gare, Inc.'s Gare, Inc. 401(k) Profit Sharing Plan reported $4M in total assets and 27 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #4,187 in Manufacturing (18,722 peers)

2023 asset change

Gare, Inc. 401(k) Profit Sharing Plan pulled back noticeably 13.5% in 2023 ($4M → $4M) for 27 participants.

#4,187
in Manufacturing (18,722 peers)
-13.5%
assets change YoY

The plan reported a net loss of $581K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gare, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Gare, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,738,177 39th percentile higher than 39% of 127,068 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 2023

Gare, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gare, Inc. 401(k) Profit Sharing Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gare, Inc. 401(k) Profit Sharing Plan reported participants rose from 23 in the plan year 2022 filing to 27 in the plan year 2023 filing.
  • Gare, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Gare, Inc. 401(k) Profit Sharing Plan reported net income fell from -$524K in the plan year 2022 filing to -$581K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 042798300 · Gare, Inc. PY 2023 · 401(k)

Gare, Inc. 401(k) Profit Sharing Plan · $4M · 27 · 39th

  • VS-ST $4M
  • VS-ST 27
  • VS-ST 39th
  • VS-ST 401(k)
  • VS-ST near Forus 401(k)
  • VS-ST ind #4187

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 →

Gare, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Gare, Inc. 401(k) Profit Sharing PlanGare, Inc. 401(k) Profit Sha…$4MForus 401(k)$4MDavies Office Refurbishing, Inc. 401(k) Profit Sharing PlanDavies Office Refurbishing, …$4MSaubels Market, Inc. 401(k) PlanSaubels Market, Inc. 401(k) …$4MVan Eaton Ready Mix 401(k) PlanVan Eaton Ready Mix 401(k) P…$4M
End-of-year total assets ($M) among Gare, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Gare, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Gare, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 1.2486609169734952% vs 2022
2024 filing year
$3.6M$3.8M$4M$4.2M$4.4M 202220232024 $4.32M $4.27M ▼ -1.2%
Year Plans Participants Total Assets
2022 1 23 $4M
2023 1 27 $4M
2024 1 24 $4M

2023 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$581K
Employer EIN042798300
Plan Effective Date1967-11-24
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Gare, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Gare, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.003738177 · Participants: 27Gare, Inc. 401(k) Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Gare, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Gare, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Gare, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Forus 401(k) in NY ($4M); by covered participants it is Memo-Omega Manufacturing, Inc. 401(k) Plan in TX (27 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (27 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gare, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Gare, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 13.5% during 2023, from $4M to $4M. Reported net income was -$581K.
How have Gare, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gare, Inc.'s sponsor-wide assets declined 1.2%, from $4M to $4M.
Which 401(k) plans are similar in size to Gare, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Forus 401(k) in NY ($4M, 69 participants).
Which 401(k) plans cover a similar participant headcount to Gare, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Memo-Omega Manufacturing, Inc. 401(k) Plan in TX (27 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042798300.

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.