401(k) · DOL Form 5500 · 2023

Group Management Services, Inc. 401(k) Plan

Data updated 2026-08-11

$336M
Total assets
11,054
Participants
96th
Percentile by assets
$30,363
Avg per participant
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Official DOL plan name: Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Group Management Services, Inc. · Ohio · Professional & Technical Services

$336M in assets, 11,054 participants

Group Management Services, Inc.'s Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust reported $336M in total assets and 11,054 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #19,798 in Professional & Technical Services (20,321 peers)

Coverage in Ohio

Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust covers 11,054 participants in Ohio, 14x the typical Ohio plan (state average ~765 per filing). Assets: $336M.

$336M
total plan assets (2023 EOY)
11,054
covered participants
96th
percentile by assets (of 127,072 plans)
$30,363
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust reported net income rose from -$31M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust reported participants rose from 5,033 in the plan year 2022 filing to 11,054 in the plan year 2023 filing.
  • Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $262M in the plan year 2022 filing to $336M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust reports 11,054 participants - 14x that state average ($336M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$262M
Net Assets (End of Year)$336M
Net Income$52M
Employer EIN341707723
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Group Management Services, Inc.)

$200M$250M$300M$350M$400M$450M 202220232024 $262M $420M ▲ +60.0%
Total plan assets by year, all Group Management Services, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,033 $262M
2023 1 11,054 $336M
2024 1 13,714 $420M

Nearby 401(k) Plans in Ohio

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

Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -50510152025 Total assets ($B) Participants Group Management Ser…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust

Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust reports $336M in end-of-year assets across 11,054 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $30,363 per participant (22% of the national average assets-per-participant) . Net income for plan year 2023 was $52M.

This plan identity (EIN 341707723, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $262M to $420M (+60.0%) while covered participants moved from 5,033 to 13,714 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,033 $262M Open filing
2023 11,054 $336M This page
2024 · index core 13,714 $420M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2023?
Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust grew sharply - up 28.0% during 2023, from $262M to $336M. Reported net income was $52M.
How have Group Management Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Group Management Services, Inc.'s sponsor-wide assets grew 60.0%, from $262M to $420M.
Where does Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is The Infirmary 401(k) Plan in AL ($336M, 5,661 participants).

Next read for Group Management Services, Inc. 401(k) P…

Filing takeaways

Ways to act on Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust's numbers.