Other · DOL Form 5500 · 2023

Government Employees Mutual Benefit Association Inc Retirement Plan

Data updated 2026-08-25

$108M
Total assets Near avg plan size
958
Participants Near avg headcount
92nd
Percentile by assets National rank
$112,458
Avg per participant Below avg balance/head
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Official DOL plan name: Gemba Group Annuity Plan · Sponsored by Government Employees Mutual Benefit Association Inc · Maryland · Finance & Insurance

$108M in assets, 958 participants

Government Employees Mutual Benefit Association Inc's Gemba Group Annuity Plan reported $108M in total assets and 958 participants in its 2023 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.

  • #7,752 in Finance & Insurance (8,869 peers)

Where Gemba Group Annuity Plan sits by assets

Gemba Group Annuity Plan sits in the top 10% of all filed plans by assets, $108M for 958 participants (~$112,458/participant), down 6.2% in 2023.

#7,752
in Finance & Insurance (8,869 peers)
-6.2%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gemba Group Annuity Plan's outsized position by total assets

Gemba Group Annuity Plan vs every filed plan by assets

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

$107,735,210 Top 8% higher than 92% 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

Gemba Group Annuity Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gemba Group Annuity Plan sits mid-pack in the medium band (958 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gemba Group Annuity Plan reported net income fell from -$4M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Gemba Group Annuity Plan end-of-year assets fell from $115M in the plan year 2022 filing to $108M in the plan year 2023 filing.
  • Gemba Group Annuity Plan reported participants fell from 969 in the plan year 2022 filing to 958 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 521235644 · Government Employees Mutual Benefit Association Inc PY 2023 · Other

Gemba Group Annuity Plan · $108M · 958 · 92nd

  • EBSA $108M
  • EBSA 958
  • EBSA 92nd
  • EBSA Other
  • EBSA near Einstein Medical Center Montgomery Retirement Savings Plan
  • EBSA ind #7752

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 Finance & Insurance retirement plans → · Plans in Maryland →

Gemba Group Annuity Plan in the asset neighbourhood

Samford University 403(b) Salary Deferral and Defined Contribution PlanSamford University 403(b) Sa…$108MGreenwich Academy Inc. Defined Contribution Retirement PlanGreenwich Academy Inc. Defin…$108MWabash College Retirement PlanWabash College Retirement Pl…$108MGemba Group Annuity Plan$108MEinstein Medical Center Montgomery Retirement Savings PlanEinstein Medical Center Mont…$108M
End-of-year total assets ($M) among Gemba Group Annuity Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$115M
Net Assets (End of Year)$108M
Net Income-$7M
Employer EIN521235644
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Government Employees Mutual Benefit Association Inc)

Sponsor-wide plan assets over time

All Government Employees Mutual Benefit Association Inc plans reported in each filing year

Latest sponsor-wide plan assets
$97M 15.178509960086705% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $115M $97.4M ▼ -15.2%
Year Plans Participants Total Assets
2022 2 969 $115M
2023 2 958 $108M
2024 2 780 $97M

Nearby Other Plans in Maryland

Peer Other plans, same state, same plan type, ranked by total assets.

Gemba Group Annuity Plan vs. nearby Other plans in Maryland, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246810 Total assets ($B) Participants Gemba Group Annuity Plan, Total assets ($B): 0.10773521 · Participants: 958Gemba Group Annuity PlanJohns Hopkins University 403(b) Plan, Total assets ($B): 7.843208337 · Participants: 25369Johns Hopkins University 403(b) PlanMedstar Health, Inc. Retirement Savings Plan, Total assets ($B): 2.964902016 · Participants: 31642Medstar Health, Inc. Retirement Savings PlanThe Johns Hopkins University Applied Physics Laboratory Pension Plan B, Total assets ($B): 2.653072821 · Participants: 9305The Johns Hopkins University Applied Physics Laboratory Pension Plan BHoward Hughes Medical Institute Retirement Savings Plan, Total assets ($B): 1.798525441 · Participants: 2154Howard Hughes Medical Institute Retirement Savings PlanJohns Hopkins Health System Corporation 403(b) Plan, Total assets ($B): 1.449412779 · Participants: 17639Johns Hopkins Health System Corporation 403(b) Plan
Gemba Group Annuity Plan vs. nearby Other plans in Maryland, assets vs. participants

Gemba Group Annuity Plan's out-of-state Other peers by assets and headcount

Outside Maryland, the nearest Other by assets is Einstein Medical Center Montgomery Retirement Savings Plan in PA ($108M); by covered participants it is Husson University Section 403(b) Retirement Plan in ME (958 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (958 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 Gemba Group Annuity Plan assets move in 2023?
Gemba Group Annuity Plan pulled back noticeably - down 6.2% during 2023, from $115M to $108M. Reported net income was -$7M.
How have Government Employees Mutual Benefit Association Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Government Employees Mutual Benefit Association Inc's sponsor-wide assets declined 15.2%, from $115M to $97M.
Where does Gemba Group Annuity Plan rank by assets among Form 5500 filers?
Gemba Group Annuity Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Gemba Group Annuity Plan?
Among Other plans in other states, the closest by assets is Einstein Medical Center Montgomery Retirement Savings Plan in PA ($108M, 2,399 participants).
Which Other plans cover a similar participant headcount to Gemba Group Annuity Plan?
Among Other plans in other states, the closest by covered participants is Husson University Section 403(b) Retirement Plan in ME (958 participants, $64M in assets).