401(k) · DOL Form 5500 · 2024

Gem Plumbing and Heating Co., Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
628
Participants Below avg headcount
75th
Percentile by assets National rank
$41,406
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan · Sponsored by Gem Plumbing and Heating Co., Inc. · Rhode Island · Construction

$26M in assets, 628 participants

Gem Plumbing and Heating Co., Inc.'s Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan reported $26M in total assets and 628 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,656 in Construction (9,039 peers)

Coverage in Rhode Island

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan covers 628 participants in Rhode Island, about 43% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $26M.

#6,656
in Construction (9,039 peers)
-1.7%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $432K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$26,003,044 Top 25% higher than 75% 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

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing 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. Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (628 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to -$432K in the plan year 2024 filing.
  • Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan reported participants fell from 682 in the plan year 2023 filing to 628 in the plan year 2024 filing.
  • Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $26M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 050400832 · Gem Plumbing and Heating Co., Inc. PY 2024 · 401(k)

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan · $26M · 628 · 75th

  • ASSETS $26M
  • ASSETS 628
  • ASSETS 75th
  • ASSETS 401(k)
  • ASSETS near Hydro-Temp Mechanical, Inc. Retirement Savings Plan
  • ASSETS ind #6656

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 Rhode Island →

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Mackay Manufacturing, Inc. 401(k) Savings PlanMackay Manufacturing, Inc. 4…$26MGem Plumbing and Heating Co., Inc. 401(k) Profit Sharing PlanGem Plumbing and Heating Co.…$26MHydro-Temp Mechanical, Inc. Retirement Savings PlanHydro-Temp Mechanical, Inc. …$26MRenovo Solutions, LLC 401(k) PlanRenovo Solutions, LLC 401(k)…$26MCapcom Retirement Investment Savings Plan (Crisp)Capcom Retirement Investment…$26M
End-of-year total assets ($M) among Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Rhode Island filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$26M
Net Income-$432K
Employer EIN050400832
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gem Plumbing and Heating Co., Inc.)

Sponsor-wide plan assets over time

All Gem Plumbing and Heating Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 15.215851530569319% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $27.9M $32.2M ▲ +15.2%
Year Plans Participants Total Assets
2022 2 1,055 $28M
2023 2 1,219 $32M
2024 2 1,154 $32M

Nearby 401(k) Plans in Rhode Island

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

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -10010203040 Total assets ($B) Participants Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.026003044 · Participants: 628Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing PlanCVS Health Future Fund 401(k) Plan, Total assets ($B): 30.087909242 · Participants: 240493CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 6.12531514 · Participants: 26609Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 3.249944772 · Participants: 17893Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.764430113 · Participants: 26416Unfi 401(k) PlanFactory Mutual Insurance Company 401(k) Savings Plan, Total assets ($B): 1.916269037 · Participants: 4005Factory Mutual Insurance Company 401(k) Savings Plan
Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is Hydro-Temp Mechanical, Inc. Retirement Savings Plan in OR ($26M); by covered participants it is Franklin Building Supply 401(k) Profit Sharing Plan in ID (628 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (628 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 Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan edged down modestly - down 1.7% during 2024, from $26M to $26M. Reported net income was -$432K.
How have Gem Plumbing and Heating Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gem Plumbing and Heating Co., Inc.'s sponsor-wide assets grew 15.2%, from $28M to $32M.
Where does Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan ranks in the 75th 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 Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hydro-Temp Mechanical, Inc. Retirement Savings Plan in OR ($26M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Gem Plumbing and Heating Co., Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Franklin Building Supply 401(k) Profit Sharing Plan in ID (628 participants, $18M 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 050400832.

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.