401(k) · DOL Form 5500 · 2023

Gem Asset Acquisition LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
164
Participants Small participant base
41st
Percentile by assets National rank
$25,152
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pavement Maintenance Group 401(k) Plan · Sponsored by Gem Asset Acquisition LLC · North Carolina · Manufacturing

$4M in assets, 164 participants

Gem Asset Acquisition LLC's Pavement Maintenance Group 401(k) Plan reported $4M in total assets and 164 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,489 in Manufacturing (18,722 peers)

Coverage in North Carolina

Pavement Maintenance Group 401(k) Plan covers 164 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#4,489
in Manufacturing (18,722 peers)
-4.9%
assets change YoY

The plan reported a net loss of $213K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pavement Maintenance Group 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Pavement Maintenance Group 401(k) Plan vs every filed plan by assets

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

$4,124,897 41st percentile higher than 41% 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

Pavement Maintenance Group 401(k) 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. Pavement Maintenance Group 401(k) Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pavement Maintenance Group 401(k) Plan reported net income rose from -$319K in the plan year 2022 filing to -$213K in the plan year 2023 filing.
  • Pavement Maintenance Group 401(k) Plan reported participants rose from 149 in the plan year 2022 filing to 164 in the plan year 2023 filing.
  • Pavement Maintenance Group 401(k) Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 810884957 · Gem Asset Acquisition LLC PY 2023 · 401(k)

Pavement Maintenance Group 401(k) Plan · $4M · 164 · 41st

  • EBSA $4M
  • PART 164
  • TYPE 41st
  • NET 401(k)
  • BOOK near Mdp Engineering Group, P.C. 401(k) Plan
  • VS-ST ind #4489

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 North Carolina →

Pavement Maintenance Group 401(k) Plan in the asset neighbourhood

Compass Compression Solutions, Inc. 401(k) PlanCompass Compression Solution…$4MInternal Medicine & Pediatrics of Cullman, PC 401(k) Profit Sharing PlanInternal Medicine & Pediatri…$4MPavement Maintenance Group 401(k) PlanPavement Maintenance Group 4…$4MMdp Engineering Group, P.C. 401(k) PlanMdp Engineering Group, P.C. …$4MGci Residential Inc 401(k) Profit Sharing Plan and TrustGci Residential Inc 401(k) P…$4M
End-of-year total assets ($M) among Pavement Maintenance Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$213K
Employer EIN810884957
Plan Effective Date2016-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gem Asset Acquisition LLC)

Sponsor-wide plan assets over time

All Gem Asset Acquisition LLC plans reported in each filing year

Latest sponsor-wide plan assets
$5M 16.771306506435614% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.34M $5.07M ▲ +16.8%
Year Plans Participants Total Assets
2022 1 149 $4M
2023 1 164 $4M
2024 1 207 $5M

Nearby 401(k) Plans in North Carolina

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

Pavement Maintenance Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Pavement Maintenance Group 401(k) Plan, Total assets ($B): 0.004124897 · Participants: 164Pavement Maintenance Group 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Pavement Maintenance Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Pavement Maintenance Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Mdp Engineering Group, P.C. 401(k) Plan in CO ($4M); by covered participants it is Daycon Products Company, Inc. 401(k) Plan in MD (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 Pavement Maintenance Group 401(k) Plan assets move in 2023?
Pavement Maintenance Group 401(k) Plan edged down modestly - down 4.9% during 2023, from $4M to $4M. Reported net income was -$213K.
How have Gem Asset Acquisition LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Gem Asset Acquisition LLC's sponsor-wide assets grew 16.8%, from $4M to $5M.
Which 401(k) plans are similar in size to Pavement Maintenance Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mdp Engineering Group, P.C. 401(k) Plan in CO ($4M, 36 participants).
Which 401(k) plans cover a similar participant headcount to Pavement Maintenance Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Daycon Products Company, Inc. 401(k) Plan in MD (164 participants, N/A in assets).