401(k) · DOL Form 5500 · 2024
Garber Management Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $126M
- Total assets
- 2,237
- Participants
- 92nd
- Percentile by assets
- $56,527
- Avg per participant
Official DOL plan name: Gmg Employees Savings Plan · Sponsored by Garber Management Group, Inc. · Michigan · Retail Trade
$126M in assets, 2,237 participants
Garber Management Group, Inc.'s Gmg Employees Savings Plan reported $126M in total assets and 2,237 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #7,682 in Retail Trade (8,048 peers)
Coverage in Michigan
Gmg Employees Savings Plan covers 2,237 participants in Michigan, 3.5x the typical Michigan plan (state average ~638 per filing). Assets: $126M.
- $126M
- total plan assets (2024 EOY)
- 2,237
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $56,527
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Gmg Employees Savings Plan end-of-year assets rose from $107M in the plan year 2023 filing to $126M in the plan year 2024 filing.
- Gmg Employees Savings Plan reported participants rose from 2,209 in the plan year 2023 filing to 2,237 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Gmg Employees Savings Plan reports 2,237 participants - 3.5x that state average ($126M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $107M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | $19M |
| Employer EIN | 381280515 |
| Plan Effective Date | 1985-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Garber Management Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,908 | $88M |
| 2023 | 1 | 2,209 | $107M |
| 2024 | 1 | 2,237 | $126M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Gmg Employees Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gmg Employees Savings Plan by total assets, not by location.
- Ballad Health 401(k) Plan (TN) $126M · 980
- The Branch Group Inc and Affiliates Employee Stock Ownership Plan (VA) $126M · 1,179
- Lima Memorial Health System 401(k) Plan (OH) $126M · 1,507
- Aaa East Central 401(k) Savings Plan (PA) $126M · 1,326
Frequently Asked Questions
How did Gmg Employees Savings Plan assets move in 2024? ▼
How have Garber Management Group, Inc. plan assets changed over time? ▼
Where does Gmg Employees Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Gmg Employees Savings Plan? ▼
Next read for Gmg Employees Savings Plan
Filing takeaways
Ways to act on Gmg Employees Savings Plan's numbers.
- By total assets, Gmg Employees Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Garber Management Group, Inc.'s sponsor-wide assets have grown 44.3% since 2022 across 3 plan years on file. More Retail Trade plans