Other · DOL Form 5500 · 2024

Government Employees Mutual Benefit Association Inc Retirement Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
780
Participants Near avg headcount
90th
Percentile by assets National rank
$124,866
Avg per participant Near avg balance/head
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Official DOL plan name: Gemba Group Annuity Plan · Sponsored by Government Employees Mutual Benefit Association Inc · Maryland · Finance & Insurance

$97M in assets, 780 participants

Government Employees Mutual Benefit Association Inc's Gemba Group Annuity Plan reported $97M in total assets and 780 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,249 in Finance & Insurance (8,549 peers)

Where Gemba Group Annuity Plan sits by assets

Gemba Group Annuity Plan sits in the top 10% of all filed plans by assets, $97M for 780 participants (~$124,866/participant), down 9.6% in 2024.

#7,249
in Finance & Insurance (8,549 peers)
-9.6%
assets change YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gemba Group Annuity Plan's outsized position by total assets

Gemba Group Annuity Plan vs every filed plan by assets

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

$97,395,130 Top 10% higher than 90% 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

Gemba Group Annuity 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. Gemba Group Annuity Plan sits mid-pack in the medium band (780 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gemba Group Annuity Plan reported net income fell from -$7M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Gemba Group Annuity Plan reported participants fell from 958 in the plan year 2023 filing to 780 in the plan year 2024 filing.
  • Gemba Group Annuity Plan end-of-year assets fell from $108M in the plan year 2023 filing to $97M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 521235644 · Government Employees Mutual Benefit Association Inc PY 2024 · Other

Gemba Group Annuity Plan · $97M · 780 · 90th

  • RANK $97M
  • RANK 780
  • RANK 90th
  • RANK Other
  • RANK near Palmetto Association of Independent Schools Multiple Employer Plan
  • RANK ind #7249

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 Finance & Insurance retirement plans → · Plans in Maryland →

Gemba Group Annuity Plan in the asset neighbourhood

Whitworth University Retirement PlanWhitworth University Retirem…$98MThe Huntington Library, Art Museum, and Botanical Gardens 403(b) Savings & Retirement PlanThe Huntington Library, Art …$98MLycoming College Retirement PlanLycoming College Retirement …$98MGemba Group Annuity Plan$97MPalmetto Association of Independent Schools Multiple Employer PlanPalmetto Association of Inde…$97M
End-of-year total assets ($M) among Gemba Group Annuity Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$97M
Net Income-$10M
Employer EIN521235644
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Government Employees Mutual Benefit Association Inc)

Sponsor-wide plan assets over time

All Government Employees Mutual Benefit Association Inc plans reported in each filing year

Latest sponsor-wide plan assets
$97M 15.178509960086705% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $115M $97.4M ▼ -15.2%
Year Plans Participants Total Assets
2022 2 969 $115M
2023 2 958 $108M
2024 2 780 $97M

Nearby Other Plans in Maryland

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

Gemba Group Annuity Plan vs. nearby Other plans in Maryland, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246810 Total assets ($B) Participants Gemba Group Annuity Plan, Total assets ($B): 0.09739513 · Participants: 780Gemba Group Annuity PlanJohns Hopkins University 403(b) Plan, Total assets ($B): 8.794780748 · Participants: 25833Johns Hopkins University 403(b) PlanMedstar Health, Inc. Retirement Savings Plan, Total assets ($B): 3.45522718 · Participants: 32983Medstar Health, Inc. Retirement Savings PlanThe Johns Hopkins University Applied Physics Laboratory Pension Plan B, Total assets ($B): 2.989165017 · Participants: 9501The Johns Hopkins University Applied Physics Laboratory Pension Plan BHoward Hughes Medical Institute Retirement Savings Plan, Total assets ($B): 1.966847116 · Participants: 2666Howard Hughes Medical Institute Retirement Savings PlanJohns Hopkins Health System Corporation 403(b) Plan, Total assets ($B): 1.67790317 · Participants: 18810Johns Hopkins Health System Corporation 403(b) Plan
Gemba Group Annuity Plan vs. nearby Other plans in Maryland, assets vs. participants

Gemba Group Annuity Plan's out-of-state Other peers by assets and headcount

Outside Maryland, the nearest Other by assets is Palmetto Association of Independent Schools Multiple Employer Plan in SC ($97M); by covered participants it is Prairie Lakes Healthcare System 403(b) Plan in SD (780 participants). Same-state nearby plans are listed separately above.

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 Gemba Group Annuity Plan assets move in 2024?
Gemba Group Annuity Plan pulled back noticeably - down 9.6% during 2024, from $108M to $97M. Reported net income was -$10M.
How have Government Employees Mutual Benefit Association Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Government Employees Mutual Benefit Association Inc's sponsor-wide assets declined 15.2%, from $115M to $97M.
Where does Gemba Group Annuity Plan rank by assets among Form 5500 filers?
Gemba Group Annuity Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Gemba Group Annuity Plan?
Among Other plans in other states, the closest by assets is Palmetto Association of Independent Schools Multiple Employer Plan in SC ($97M, 743 participants).
Which Other plans cover a similar participant headcount to Gemba Group Annuity Plan?
Among Other plans in other states, the closest by covered participants is Prairie Lakes Healthcare System 403(b) Plan in SD (780 participants, $62M in assets).