401(k) · DOL Form 5500 · 2023

Gusmer Enterprises, Inc. 401(k) Plan

Data updated 2026-08-11

$71M
Total assets: 546
Participants: 89th
Percentile by assets: $129,127
Avg per participant

Official DOL plan name: Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan · Sponsored by Gusmer Enterprises, Inc. · New Jersey · Wholesale Trade

$71M in assets, 546 participants

Gusmer Enterprises, Inc.'s Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan reported $71M in total assets and 546 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 127,072 plans)
#5,701 in Wholesale Trade (6,309 peers)

Where Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan sits by assets

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan sits in the top quartile of all filed plans by assets, $71M for 546 participants (~$129,127/participant), up 20.3% in 2023.

$71M
total plan assets (2023 EOY): 546
covered participants: 89th
percentile by assets (of 127,072 plans): $129,127
avg assets per participant

Where Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan sits by total assets

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan vs every filed plan by assets

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

$70,503,135 Top 11% higher than 89% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan reported net income rose from -$16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan end-of-year assets rose from $59M in the plan year 2022 filing to $71M in the plan year 2023 filing.
Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan reported participants rose from 504 in the plan year 2022 filing to 546 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Wholesale Trade

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan vs the 2023 asset distribution

By assets, Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$59M
Net Assets (End of Year)	$71M
Net Income	$12M
Employer EIN	220969130
Plan Effective Date	1965-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Gusmer Enterprises, Inc.)

Total plan assets by year, all Gusmer Enterprises, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	504	$59M
2023	1	546	$71M
2024	1	384	$75M

Nearby 401(k) Plans in New Jersey

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

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare Gusmer Enterprises Inc. Employees 401(k)… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan by total assets, not by location.

The Cato Corporation 401(k)/Profit Sharing Plan (NC) $71M · 2,737
Sk Hynix America 401(k) Plan (CA) $70M · 203
Associates in Nephrology, S.C. 401(k) Plan (IL) $70M · 142
Clinical Pathology Associates Profit Sharing Plan and Trust (TX) $71M · 125

Frequently Asked Questions

How did Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan assets move in 2023? ▼

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan grew sharply - up 20.3% during 2023, from $59M to $71M. Reported net income was $12M.

How have Gusmer Enterprises, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Gusmer Enterprises, Inc.'s sponsor-wide assets grew 27.7%, from $59M to $75M.

Where does Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan rank by assets among Form 5500 filers? ▼

Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan ranks in the 89th 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 Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Cato Corporation 401(k)/Profit Sharing Plan in NC ($71M, 2,737 participants).

Next read for Gusmer Enterprises Inc. Employees 401(k)…

Scale reading

Ways to act on Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan's numbers.

By total assets, Gusmer Enterprises Inc. Employees 401(k) Savings and Profit Sharing Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
Gusmer Enterprises, Inc.'s sponsor-wide assets have grown 27.7% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 220969130.