Benchmarking The Gem Group, Inc. Retirement Plan in Lawrence, MA against all plans
The Gem Group, Inc. Retirement Plan in Lawrence, MA has the 11th-highest average account balance ($80,391) of the 37 plans whose industry group is Apparel Accessories and Other Apparel Manufacturing. That $80,391 compares to an average of $62,018 across those 37 plans.
Beating the average of $62,018 means an extra $6,412,054 in total assets.
Note: average account balance = total assets ÷ total participants
The Gem Group, Inc. Retirement Plan has these standings among those 37 peer plans:
Beating the average of $62,018 means an extra $6,412,054 in total assets.
Note: average account balance = total assets ÷ total participants
The Gem Group, Inc. Retirement Plan has these standings among those 37 peer plans:
- average account balance = $80,391 (11th-highest)
- total assets = $28,056,346 (10th-most)
- total participants = 349 (18th-most)
Visualize
Peers
beat out by S. Rothschild & Co., Inc. 401(K) Savings Plan in New York, NY ($115,632), Tasman Industries, Inc. Retirement Savings Plan and Trust in Louisville, KY ($112,958), O'Neill Wetsuits, LLC 401(K) Plan in Santa Cruz, CA ($107,722), and Delco Apparel LLC 401(K) Plan in Harrison, NJ ($99,085), and 6 others, ending with Demoulin Brothers & Company Retirement Savings Plan in Greenville, IL ($81,774).
beat The Royal Group 401(K) Plan in New York, NY ($78,185), Perrin Employee Stock Ownership and 401(K) Plan in Comstock Park, MI ($72,745), SML (USA) Inc. 401(K) Plan in Secaucus, NJ ($70,793), and Forbes Retirement Plan in Lanham, MD ($69,039), and 22 others, ending with David Peyser Sportswear, Inc. 401(K) Profit Sharing Plan in Bay Shore, NY ($20,896).
beat The Royal Group 401(K) Plan in New York, NY ($78,185), Perrin Employee Stock Ownership and 401(K) Plan in Comstock Park, MI ($72,745), SML (USA) Inc. 401(K) Plan in Secaucus, NJ ($70,793), and Forbes Retirement Plan in Lanham, MD ($69,039), and 22 others, ending with David Peyser Sportswear, Inc. 401(K) Profit Sharing Plan in Bay Shore, NY ($20,896).
References
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.