Profit Sharing · DOL Form 5500 · 2024
Gem Plumbing and Heating Co., Inc. Profit Sharing Plan
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 526
- Participants Below avg headcount
- 46th
- Percentile by assets National rank
- $11,719
- Avg per participant Low balance/head
Official DOL plan name: Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan · Sponsored by Gem Plumbing and Heating Co., Inc. · Rhode Island · Construction
$6M in assets, 526 participants
Gem Plumbing and Heating Co., Inc.'s Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan reported $6M in total assets and 526 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.
- #4,020 in Construction (9,039 peers)
Coverage in Rhode Island
Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan covers 526 participants in Rhode Island, about 36% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $6M.
- #4,020
- in Construction (9,039 peers)
- +3.2%
- assets growth YoY
Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan's mid-pack asset rank among Construction and all filers
Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$6,164,209 46th percentile higher than 46% of 123,620 filed plans
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. Prevailing Wage 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. Prevailing Wage Plan sits mid-pack in the medium band (526 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan reported net income fell from $559K in the plan year 2023 filing to $191K in the plan year 2024 filing.
- Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan end-of-year assets rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
- Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan reported participants fell from 537 in the plan year 2023 filing to 526 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 050400832 · Gem Plumbing and Heating Co., Inc. PY 2024 · Profit Sharing
Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan · $6M · 526 · 46th
- RANK $6M
- RANK 526
- RANK 46th
- RANK Profit Sharing
- RANK near The Home of Guiding Hands 403(b) Plan
- RANK ind #4020
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. Prevailing Wage Plan in the asset neighbourhood
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $191K |
| Employer EIN | 050400832 |
| Plan Effective Date | 1996-07-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,055 | $28M |
| 2023 | 2 | 1,219 | $32M |
| 2024 | 2 | 1,154 | $32M |
Nearby Profit Sharing Plans in Rhode Island
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Care New England 403(b) Match & Savings Plan $570M · 7,381
- Textron Inc Retirement Account Plan $353M · 9,563
- Brown Physicians, Inc. 401(a) Plan $326M · 1,225
- Iuoe Local 57 Annuity Plan $146M · 948
- Meeting Street Retirement Plan $24M · 273
Gem Plumbing and Heating Co., Inc. Prevailing Wage Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Rhode Island, the nearest Profit Sharing by assets is The Home of Guiding Hands 403(b) Plan in CA ($6M); by covered participants it is The Contractors Retirement Plan in CA (527 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
Similar participant headcount
Nearest other-state filings by covered participants (526 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.