401(k) · DOL Form 5500 · 2024

Gemco Constructors, LLC 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
266
Participants Below avg headcount
52nd
Percentile by assets National rank
$32,229
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gemco 401(k) Plan · Sponsored by Gemco Constructors, LLC · Indiana · Construction

$9M in assets, 266 participants

Gemco Constructors, LLC's Gemco 401(k) Plan reported $9M in total assets and 266 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #4,597 in Construction (9,039 peers)

Coverage in Indiana

Gemco 401(k) Plan covers 266 participants in Indiana, about 49% of the average Indiana filer (state average ~541 per filing). Assets: $9M.

#4,597
in Construction (9,039 peers)
+16.6%
assets growth YoY

Gemco 401(k) Plan's mid-pack asset rank among Construction and all filers

Gemco 401(k) Plan vs every filed plan by assets

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

$8,572,993 Top 48% higher than 52% 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

Gemco 401(k) 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. Gemco 401(k) Plan sits mid-pack in the medium band (266 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gemco 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Gemco 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Gemco 401(k) Plan reported participants fell from 269 in the plan year 2023 filing to 266 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 471392037 · Gemco Constructors, LLC PY 2024 · 401(k)

Gemco 401(k) Plan · $9M · 266 · 52nd

  • SCH $9M
  • EBSA 266
  • PART 52nd
  • TYPE 401(k)
  • NET near Chemico LLC and Chemico Systems Inc. Profit Sharing Plan and Trust
  • BOOK ind #4597

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 Indiana →

Gemco 401(k) Plan in the asset neighbourhood

Gemco 401(k) Plan$9MChemico LLC and Chemico Systems Inc. Profit Sharing Plan and TrustChemico LLC and Chemico Syst…$9MVentura Associates International, LLC Employee Savings PlanVentura Associates Internati…$9MClearbrook Holdings Corp 401(k) PlanClearbrook Holdings Corp 401…$9MEmployees 401(k) Plan of Frick Paper Co. Partnership Dba Paper MartEmployees 401(k) Plan of Fri…$9M
End-of-year total assets ($M) among Gemco 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN471392037
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gemco Constructors, LLC)

Sponsor-wide plan assets over time

All Gemco Constructors, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$9M 50.9217625028563% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.68M $8.57M ▲ +50.9%
Year Plans Participants Total Assets
2022 1 305 $6M
2023 1 269 $7M
2024 1 266 $9M

Nearby 401(k) Plans in Indiana

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

Gemco 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Gemco 401(k) Plan, Total assets ($B): 0.008572993 · Participants: 266Gemco 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Gemco 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Gemco 401(k) Plan side-by-side with 3 peers →

Gemco 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Chemico LLC and Chemico Systems Inc. Profit Sharing Plan and Trust in MI ($9M); by covered participants it is Grayback Forestry, Inc. Retirement Savings Plan in OR (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 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 Gemco 401(k) Plan assets move in 2024? ▼
Gemco 401(k) Plan grew sharply - up 16.6% during 2024, from $7M to $9M. Reported net income was $1M.
How have Gemco Constructors, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gemco Constructors, LLC's sponsor-wide assets grew 50.9%, from $6M to $9M.
Which 401(k) plans are similar in size to Gemco 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chemico LLC and Chemico Systems Inc. Profit Sharing Plan and Trust in MI ($9M, 249 participants).
Which 401(k) plans cover a similar participant headcount to Gemco 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grayback Forestry, Inc. Retirement Savings Plan in OR (266 participants, $8M 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 471392037.

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.