401(k) · DOL Form 5500 · 2023

Gemco Constructors, LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
269
Participants Below avg headcount
52nd
Percentile by assets National rank
$27,342
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gemco 401(k) Plan · Sponsored by Gemco Constructors, LLC · Indiana · Construction

$7M in assets, 269 participants

Gemco Constructors, LLC's Gemco 401(k) Plan reported $7M in total assets and 269 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #4,544 in Construction (9,030 peers)

Coverage in Indiana

Gemco 401(k) Plan covers 269 participants in Indiana, about 50% of the average Indiana filer (state average ~541 per filing). Assets: $7M.

#4,544
in Construction (9,030 peers)
+29.5%
assets growth YoY

Gemco 401(k) Plan's mid-pack asset rank among Construction and all filers

Gemco 401(k) Plan vs every filed plan by assets

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

$7,355,013 Top 48% higher than 52% 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

Gemco 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. Gemco 401(k) Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gemco 401(k) Plan reported net income rose from -$339K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Gemco 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Gemco 401(k) Plan reported participants fell from 305 in the plan year 2022 filing to 269 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 471392037 · Gemco Constructors, LLC PY 2023 · 401(k)

Gemco 401(k) Plan · $7M · 269 · 52nd

  • RANK $7M
  • PHOTO 269
  • IND 52nd
  • EOY 401(k)
  • 5500 near Lashop Co. LLC 401(k) Plan
  • ASSETS ind #4544

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 Indiana →

Gemco 401(k) Plan in the asset neighbourhood

Gemco 401(k) Plan$7MLashop Co. LLC 401(k) Plan$7MPrimary Aim, LLC Retirement Savings PlanPrimary Aim, LLC Retirement …$7MTrailer Bridge, Incorporated Retirement Savings PlanTrailer Bridge, Incorporated…$7MCme Associates, Inc. Retirement Savings PlanCme Associates, Inc. Retirem…$7M
End-of-year total assets ($M) among Gemco 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$2M
Employer EIN471392037
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gemco Constructors, LLC)

Sponsor-wide plan assets over time

All Gemco Constructors, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$9M 50.9217625028563% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.68M $8.57M ▲ +50.9%
Year Plans Participants Total Assets
2022 1 305 $6M
2023 1 269 $7M
2024 1 266 $9M

Nearby 401(k) Plans in Indiana

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

Gemco 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Gemco 401(k) Plan, Total assets ($B): 0.007355013 · Participants: 269Gemco 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Gemco 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

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

Outside Indiana, the nearest 401(k) by assets is Lashop Co. LLC 401(k) Plan in TX ($7M); by covered participants it is The Polo Club of Boca Raton, Poa, Inc. 401(k) Profit Sharing Plan in FL (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Gemco 401(k) Plan assets move in 2023?
Gemco 401(k) Plan grew sharply - up 29.5% during 2023, from $6M to $7M. Reported net income was $2M.
How have Gemco Constructors, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Gemco Constructors, LLC's sponsor-wide assets grew 50.9%, from $6M to $9M.
Which 401(k) plans are similar in size to Gemco 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lashop Co. LLC 401(k) Plan in TX ($7M, 265 participants).
Which 401(k) plans cover a similar participant headcount to Gemco 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Polo Club of Boca Raton, Poa, Inc. 401(k) Profit Sharing Plan in FL (269 participants, $11M in assets).