The Gem Group, Inc. Retirement Plan — Form 5500 plan (The Gem Group, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Gem Group, Inc. Retirement Plan is a benefit plan reported by The Gem Group, Inc. under EIN 04-2319824 and plan number 004. The latest loaded filing year is 2023. The filing reports 404 participants and $26,863,169 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Gem Group, Inc.
- EIN
- 04-2319824
- Plan number
- 004
- Plan type
- 2
- Location
- Lawrence, MA
- Latest filing year
- 2023
- Participants
- 404
- End-of-year plan assets
- $26,863,169
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 404 | H, C | 20241009125640NAL0031216352001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,863,169
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,863,169
- Net assets (BOY)
- $23,722,912
Income & contributions
- Employer contributions
- $364,204
- Participant contributions
- $1,183,482
- Total contributions
- $1,606,534
- Total income / additions
- $5,116,076
Expenses & distributions
- Benefits paid
- $1,808,428
- Administrative expenses
- $93,146
- Total expenses
- $1,975,819
- Net increase / (decrease)
- $3,140,257
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $46,441 | $0 | 2023 |
| Kestra Advisory Services LLC | INVESTMENT ADVISOR | $31,490 | not reported in the loaded dataset | 2023 |
| Cbiz Operations Inc Dba Cbiz Mhm Ll | AUDITOR | $14,915 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Company, LLC | OTHER | $300 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Gem Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Lawrence, MA
- Empower Annuity Insurance Company O — Schedule C compensation
- Kestra Advisory Services LLC — Schedule C compensation
- Cbiz Operations Inc Dba Cbiz Mhm Ll — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation