Gemba Group Annuity Plan — Form 5500 plan (Government Employees Mutual Benefit Association 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, Gemba Group Annuity Plan is a benefit plan reported by Government Employees Mutual Benefit Association Inc under EIN 52-1235644 and plan number 003. The latest loaded filing year is 2023. The filing reports 958 participants and $107,735,210 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Government Employees Mutual Benefit Association Inc
EIN
52-1235644
Plan number
003
Plan type
2
Location
Hanover, MD
Latest filing year
2023
Participants
958
End-of-year plan assets
$107,735,210

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023958H, C20240909125826NAL0007768640004

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$107,735,210
Total liabilities (EOY)
$28,605
Net assets (EOY)
$107,706,605
Net assets (BOY)
$114,789,196

Income & contributions

Participant contributions
$6,166,948
Total contributions
$6,166,948
Total income / additions
$9,462,167

Expenses & distributions

Benefits paid
$16,196,580
Administrative expenses
$348,178
Total expenses
$16,544,758
Net increase / (decrease)
-$7,082,591

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi Consulting GroupNONE$48,092not reported in the loaded dataset2023

Related Form 5500 pages