401(k) · DOL Form 5500 · 2023

The Gem Group, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
320
Participants Below avg headcount
78th
Percentile by assets National rank
$83,947
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

$27M in assets, 320 participants

The Gem Group, Inc.'s The Gem Group, Inc. Retirement Plan reported $27M in total assets and 320 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,885 in Manufacturing (18,722 peers)

Coverage in Massachusetts

The Gem Group, Inc. Retirement Plan covers 320 participants in Massachusetts, about 49% of the average Massachusetts filer (state average ~659 per filing). Assets: $27M.

#12,885
in Manufacturing (18,722 peers)
+13.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$26,863,169 Top 22% higher than 78% 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

The Gem Group, Inc. Retirement 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. The Gem Group, Inc. Retirement Plan sits mid-pack in the medium band (320 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Gem Group, Inc. Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Gem Group, Inc. Retirement Plan end-of-year assets rose from $24M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • The Gem Group, Inc. Retirement Plan reported participants rose from 313 in the plan year 2022 filing to 320 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 042319824 · The Gem Group, Inc. PY 2023 · 401(k)

The Gem Group, Inc. Retirement Plan · $27M · 320 · 78th

  • SCH $27M
  • SCH 320
  • SCH 78th
  • SCH 401(k)
  • SCH near Precision International Automotive Products Inc. 401 (K) Plan
  • SCH ind #12885

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

West Florida Medical Associates, P.a. 401(k) Profit Sharing Plan and TrustWest Florida Medical Associa…$27MMd2 International, LLC Retirement TrustMd2 International, LLC Retir…$27MThe Gem Group, Inc. Retirement PlanThe Gem Group, Inc. Retireme…$27MPrecision International Automotive Products Inc. 401 (K) PlanPrecision International Auto…$27MScreenbeam Inc. 401(k) Savings PlanScreenbeam Inc. 401(k) Savin…$27M
End-of-year total assets ($M) among The Gem Group, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$27M
Net Income$3M
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. -20000020000400006000080000 -10010203040 Total assets ($B) Participants The Gem Group, Inc. Retirement Plan, Total assets ($B): 0.026863169 · Participants: 320The Gem Group, Inc. Retirement 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
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 Precision International Automotive Products Inc. 401 (K) Plan in NY ($27M); by covered participants it is Loudpack Retirement Savings Plan 401(k) Plan & Trust in CA (320 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (320 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 The Gem Group, Inc. Retirement Plan assets move in 2023? ▼
The Gem Group, Inc. Retirement Plan grew at a solid clip - up 13.2% during 2023, from $24M to $27M. Reported net income was $3M.
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 78th 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 The Gem Group, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Precision International Automotive Products Inc. 401 (K) Plan in NY ($27M, 143 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 Loudpack Retirement Savings Plan 401(k) Plan & Trust in CA (320 participants, $1M 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 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.