401(k) · DOL Form 5500 · 2023

Gerken Materials, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
231
Participants Below avg headcount
80th
Percentile by assets National rank
$136,081
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gerken Retirement Savings Plan · Sponsored by Gerken Materials, Inc. · Ohio · Construction

$31M in assets, 231 participants

Gerken Materials, Inc.'s Gerken Retirement Savings Plan reported $31M in total assets and 231 participants in its 2023 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.

  • #7,066 in Construction (9,030 peers)

Coverage in Ohio

Gerken Retirement Savings Plan covers 231 participants in Ohio, about 30% of the average Ohio filer (state average ~765 per filing). Assets: $31M.

#7,066
in Construction (9,030 peers)
+67.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Gerken Retirement Savings Plan's outsized position by total assets

Gerken Retirement Savings Plan vs every filed plan by assets

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

$31,434,771 Top 20% higher than 80% 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

Gerken Retirement Savings 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. Gerken Retirement Savings Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gerken Retirement Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Gerken Retirement Savings Plan end-of-year assets rose from $19M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Gerken Retirement Savings Plan reported participants rose from 219 in the plan year 2022 filing to 231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 344478444 · Gerken Materials, Inc. PY 2023 · 401(k)

Gerken Retirement Savings Plan · $31M · 231 · 80th

  • BOY $31M
  • BOY 231
  • BOY 80th
  • BOY 401(k)
  • BOY near Employee Profit Sharing Plan and Trust for Employees of Fcs Industries, Inc. and Subsidiaries
  • BOY ind #7066

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 Construction retirement plans → · Plans in Ohio →

Gerken Retirement Savings Plan in the asset neighbourhood

Employee Profit Sharing Plan and Trust for Employees of Fcs Industries, Inc. and SubsidiariesEmployee Profit Sharing Plan…$31MFoothill Cardiology Profit Sharing/401(k) and Health/Disability Plan and TrustFoothill Cardiology Profit S…$31MGerken Retirement Savings PlanGerken Retirement Savings Pl…$31MDeerfield Management Company Profit Sharing and 401(k) PlanDeerfield Management Company…$31MGoodville Mutual Casualty Company Profit Sharing & Saving PlanGoodville Mutual Casualty Co…$31M
End-of-year total assets ($M) among Gerken Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$31M
Net Income$3M
Employer EIN344478444
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gerken Materials, Inc.)

Sponsor-wide plan assets over time

All Gerken Materials, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 39.888883521727465% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.2M $31M ▲ +39.9%
Year Plans Participants Total Assets
2022 2 390 $22M
2023 1 231 $31M
2024 1 381 $31M

Nearby 401(k) Plans in Ohio

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

Gerken Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Gerken Retirement Savings Plan, Total assets ($B): 0.031434771 · Participants: 231Gerken Retirement Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Gerken Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Gerken Retirement Savings Plan side-by-side with 3 peers →

Gerken Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Employee Profit Sharing Plan and Trust for Employees of Fcs Industries, Inc. and Subsidiaries in IL ($31M); by covered participants it is Teacher Synergy LLC 401(k) Plan in NY (231 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (231 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 Gerken Retirement Savings Plan assets move in 2023? ▼
Gerken Retirement Savings Plan surged - up 67.4% during 2023, from $19M to $31M. Reported net income was $3M.
How have Gerken Materials, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gerken Materials, Inc.'s sponsor-wide assets grew 39.9%, from $22M to $31M.
Where does Gerken Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Gerken Retirement Savings Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gerken Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employee Profit Sharing Plan and Trust for Employees of Fcs Industries, Inc. and Subsidiaries in IL ($31M, 295 participants).
Which 401(k) plans cover a similar participant headcount to Gerken Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teacher Synergy LLC 401(k) Plan in NY (231 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 344478444.

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.