Profit Sharing · DOL Form 5500 · 2023

Gem City Franchise Brands, Inc. Profit Sharing Plan

Data updated 2026-08-25

$899K
Total assets Small plan by assets
3
Participants Small participant base
23rd
Percentile by assets National rank
$299,664
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gem City Franchise Brands, Inc. Retirement Plan · Sponsored by Gem City Franchise Brands, Inc. · Ohio · Administrative & Support Services

$899K in assets, 3 participants

Gem City Franchise Brands, Inc.'s Gem City Franchise Brands, Inc. Retirement Plan reported $899K in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,985 in Administrative & Support Services (4,372 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Gem City Franchise Brands, Inc. Retirement Plan ranks #1,985 of 4,372 2023 filers by assets (3209% of the sector average)-$899K for 3 participants.

#1,985
in Administrative & Support Services (4,372 peers)
-8.8%
assets change YoY

The plan reported a net loss of $87K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gem City Franchise Brands, Inc. Retirement Plan among the smaller filed plans by assets

Gem City Franchise Brands, Inc. Retirement Plan vs every filed plan by assets

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

$898,991 23rd percentile higher than 23% 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

Gem City Franchise Brands, Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gem City Franchise Brands, Inc. Retirement Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gem City Franchise Brands, Inc. Retirement Plan end-of-year assets fell from $986K in the plan year 2022 filing to $899K in the plan year 2023 filing.
  • Gem City Franchise Brands, Inc. Retirement Plan reported net income fell from -$82K in the plan year 2022 filing to -$87K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 465375739 · Gem City Franchise Brands, Inc. PY 2023 · Profit Sharing

Gem City Franchise Brands, Inc. Retirement Plan · $899K · 3 · 23rd

  • ASSETS $899K
  • ASSETS 3
  • ASSETS 23rd
  • ASSETS Profit Sharing
  • ASSETS near Sostrin & Sostrin PC Profit Sharing Plan
  • ASSETS ind #1985

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 Administrative & Support Services retirement plans → · Plans in Ohio →

Gem City Franchise Brands, Inc. Retirement Plan in the asset neighbourhood

Gem City Franchise Brands, Inc. Retirement PlanGem City Franchise Brands, I…$899KSostrin & Sostrin PC Profit Sharing PlanSostrin & Sostrin PC Profit …$899KRoberto Velez Echevarria Retirement Plan Series 00-1928Roberto Velez Echevarria Ret…$899KMecasona Corp. Retirement PlanMecasona Corp. Retirement Pl…$899KAnswers Health Care, Inc. Retirement PlanAnswers Health Care, Inc. Re…$900K
End-of-year total assets ($M) among Gem City Franchise Brands, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$986K
Net Assets (End of Year)$899K
Net Income-$87K
Employer EIN465375739
Plan Effective Date2014-04-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Gem City Franchise Brands, Inc.)

Sponsor-wide plan assets over time

All Gem City Franchise Brands, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$911K 7.581084261092538% vs 2022
2024 filing year
$0.85M$0.9M$0.95M$1M 202220232024 $0.99M $0.91M ▼ -8.1%
Year Plans Participants Total Assets
2022 1 3 $986K
2023 1 3 $899K
2024 1 3 $911K

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Gem City Franchise Brands, Inc. Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Gem City Franchise Brands, Inc. Retirement Plan, Total assets ($B): 0.000898991 · Participants: 3Gem City Franchise Brands, Inc. Retirement PlanCleveland Clinic Investment Pension Plan, Total assets ($B): 1.460661842 · Participants: 48582Cleveland Clinic Investment Pension PlanMasterbrand, Inc. Retirement Savings Plan, Total assets ($B): 0.484719729 · Participants: 7345Masterbrand, Inc. Retirement Savings PlanThe Employer Retirement Savings Plan- Premier Health Partners, Total assets ($B): 0.227674027 · Participants: 11923The Employer Retirement Savings Plan- Premier Health PartnersThree Rivers Annuity Fund, Total assets ($B): 0.199164348 · Participants: 1460Three Rivers Annuity FundHolzer Health System 401a Profit Sharing Plan, Total assets ($B): 0.175394151 · Participants: 1779Holzer Health System 401a Profit Sharing Plan
Gem City Franchise Brands, Inc. Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
Compare Gem City Franchise Brands, Inc. Retirement Plan side-by-side with 3 peers →

Gem City Franchise Brands, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is Sostrin & Sostrin PC Profit Sharing Plan in IL ($899K); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Gem City Franchise Brands, Inc. Retirement Plan assets move in 2023? ▼
Gem City Franchise Brands, Inc. Retirement Plan pulled back noticeably - down 8.8% during 2023, from $986K to $899K. Reported net income was -$87K.
How have Gem City Franchise Brands, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gem City Franchise Brands, Inc.'s sponsor-wide assets declined 7.6%, from $986K to $911K.
Where does Gem City Franchise Brands, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Gem City Franchise Brands, Inc. Retirement Plan ranks in the 23rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Gem City Franchise Brands, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Sostrin & Sostrin PC Profit Sharing Plan in IL ($899K, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Gem City Franchise Brands, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $751K 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 465375739.

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.