401(k) · DOL Form 5500 · 2024

The Gem Group, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
386
Participants Below avg headcount
76th
Percentile by assets National rank
$72,972
Avg per participant Below avg balance/head
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Official DOL plan name: The Gem Group, Inc. Retirement Plan · Sponsored by The Gem Group, Inc. · Massachusetts · Manufacturing

$28M in assets, 386 participants

The Gem Group, Inc.'s The Gem Group, Inc. Retirement Plan reported $28M in total assets and 386 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #11,985 in Manufacturing (17,777 peers)

Where The Gem Group, Inc. Retirement Plan sits by assets

The Gem Group, Inc. Retirement Plan sits in the top quartile of all filed plans by assets, $28M for 386 participants (~$72,972/participant), up 4.9% in 2024.

#11,985
in Manufacturing (17,777 peers)
+4.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Gem Group, Inc. Retirement Plan's outsized position by total assets

The Gem Group, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$28,167,347 Top 24% higher than 76% of 123,620 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 2024

The Gem Group, Inc. Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gem Group, Inc. Retirement Plan sits mid-pack in the medium band (386 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Gem Group, Inc. Retirement Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • The Gem Group, Inc. Retirement Plan reported participants rose from 320 in the plan year 2023 filing to 386 in the plan year 2024 filing.
  • The Gem Group, Inc. Retirement Plan end-of-year assets rose from $27M in the plan year 2023 filing to $28M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042319824 · The Gem Group, Inc. PY 2024 · 401(k)

The Gem Group, Inc. Retirement Plan · $28M · 386 · 76th

  • BOY $28M
  • BOY 386
  • BOY 76th
  • BOY 401(k)
  • BOY near Endava Inc. 401(k) Profit Sharing Plan and Trust
  • BOY ind #11985

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 Manufacturing retirement plans → · Plans in Massachusetts →

The Gem Group, Inc. Retirement Plan in the asset neighbourhood

The Gem Group, Inc. Retirement PlanThe Gem Group, Inc. Retireme…$28MEndava Inc. 401(k) Profit Sharing Plan and TrustEndava Inc. 401(k) Profit Sh…$28MAorn 401(k) Savings Plan$28MRusken Packaging, Inc. 401(k) PlanRusken Packaging, Inc. 401(k…$28MEnfusion, LLC 401(k) Plan$28M
End-of-year total assets ($M) among The Gem Group, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$28M
Net Income$1M
Employer EIN042319824
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gem Group, Inc.)

Sponsor-wide plan assets over time

All The Gem Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 18.734778428550424% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.7M $28.2M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 313 $24M
2023 1 320 $27M
2024 1 386 $28M

Nearby 401(k) Plans in Massachusetts

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

The Gem Group, Inc. Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants The Gem Group, Inc. Retirement Plan, Total assets ($B): 0.028167347 · Participants: 386The Gem Group, Inc. Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
The Gem Group, Inc. Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare The Gem Group, Inc. Retirement Plan side-by-side with 3 peers →

The Gem Group, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Endava Inc. 401(k) Profit Sharing Plan and Trust in NY ($28M); by covered participants it is Village Discount 401(k) Plan in IL (386 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (386 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Gem Group, Inc. Retirement Plan assets move in 2024? ▼
The Gem Group, Inc. Retirement Plan edged up modestly - up 4.9% during 2024, from $27M to $28M. Reported net income was $1M.
How have The Gem Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Gem Group, Inc.'s sponsor-wide assets grew 18.7%, from $24M to $28M.
Where does The Gem Group, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
The Gem Group, Inc. Retirement Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Gem Group, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Endava Inc. 401(k) Profit Sharing Plan and Trust in NY ($28M, 350 participants).
Which 401(k) plans cover a similar participant headcount to The Gem Group, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Village Discount 401(k) Plan in IL (386 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042319824.

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.