401(k) · DOL Form 5500 · 2023

Garber Management Group, Inc. 401(k) Plan

Data updated 2026-08-25

$107M
Total assets Near avg plan size
2,209
Participants Above avg headcount
92nd
Percentile by assets National rank
$48,452
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gmg Employees Savings Plan · Sponsored by Garber Management Group, Inc. · Michigan · Retail Trade

$107M in assets, 2,209 participants

Garber Management Group, Inc.'s Gmg Employees Savings Plan reported $107M in total assets and 2,209 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,021 in Retail Trade (8,414 peers)

Coverage in Michigan

Gmg Employees Savings Plan covers 2,209 participants in Michigan, 3.5x the typical Michigan plan (state average ~638 per filing). Assets: $107M.

#8,021
in Retail Trade (8,414 peers)
+22.1%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Gmg Employees Savings Plan's outsized position by total assets

Gmg Employees Savings Plan vs every filed plan by assets

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

$107,029,834 Top 8% higher than 92% 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

Gmg Employees Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gmg Employees Savings Plan lands in the large band (2,209 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gmg Employees Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Gmg Employees Savings Plan end-of-year assets rose from $88M in the plan year 2022 filing to $107M in the plan year 2023 filing.
  • Gmg Employees Savings Plan reported participants rose from 1,908 in the plan year 2022 filing to 2,209 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381280515 · Garber Management Group, Inc. PY 2023 · 401(k)

Gmg Employees Savings Plan · $107M · 2,209 · 92nd

  • NET $107M
  • BOOK 2,209
  • VS-ST 92nd
  • BOY 401(k)
  • SCH near Planview, Inc. 401(k) Retirement Plan
  • EBSA ind #8021

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 Retail Trade retirement plans → · Plans in Michigan →

Gmg Employees Savings Plan in the asset neighbourhood

Information Services Group, Inc. Profit Sharing PlanInformation Services Group, …$107MPlanview, Inc. 401(k) Retirement PlanPlanview, Inc. 401(k) Retire…$107MGmg Employees Savings Plan$107MN & M Transfer Co. Inc. 401(k) Profit Sharing PlanN & M Transfer Co. Inc. 401(…$107MKyowa Kirin 401(k) Retirement PlanKyowa Kirin 401(k) Retiremen…$107M
End-of-year total assets ($M) among Gmg Employees Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$88M
Net Assets (End of Year)$107M
Net Income$19M
Employer EIN381280515
Plan Effective Date1985-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garber Management Group, Inc.)

Sponsor-wide plan assets over time

All Garber Management Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$126M 44.29597355059117% vs 2022
2024 filing year
$80M$100M$120M$140M 202220232024 $87.6M $126M ▲ +44.3%
Year Plans Participants Total Assets
2022 1 1,908 $88M
2023 1 2,209 $107M
2024 1 2,237 $126M

Nearby 401(k) Plans in Michigan

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

Gmg Employees Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Gmg Employees Savings Plan, Total assets ($B): 0.107029834 · Participants: 2209Gmg Employees Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Gmg Employees Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Gmg Employees Savings Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Planview, Inc. 401(k) Retirement Plan in TX ($107M); by covered participants it is Belmont Village, L.P. 401(k) Savings Plan in TX (2,209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,209 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 Gmg Employees Savings Plan assets move in 2023? ▼
Gmg Employees Savings Plan grew sharply - up 22.1% during 2023, from $88M to $107M. Reported net income was $19M.
How have Garber Management Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Garber Management Group, Inc.'s sponsor-wide assets grew 44.3%, from $88M to $126M.
Where does Gmg Employees Savings Plan rank by assets among Form 5500 filers? ▼
Gmg Employees Savings Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Gmg Employees Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Planview, Inc. 401(k) Retirement Plan in TX ($107M, 622 participants).
Which 401(k) plans cover a similar participant headcount to Gmg Employees Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Belmont Village, L.P. 401(k) Savings Plan in TX (2,209 participants, $52M 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 381280515.

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.