Civic Intelligence

Gem Financial Services Inc

Plan context: GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN

EIN 11-2141728 • Brooklyn, NY • 20 filings • 10 plans

98 Rockwell PlaceBrooklyn, NY 11217-1118
Current Snapshot

Latest Year

2024

2024 Participants

79

2024 Assets

$4,133,895

2024 Contributions

$596,688

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$4,133,895$2,066,948$0200520172024YearValue
$4,133,895Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

163820200520172024YearValue
79Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024179$4,133,895$596,688$7,553iApproximate average salary by contribution assumption: employee only about $188,825 at 4% or $125,884 at 6%; with 50% employer match about $125,884 at 4% or $83,922 at 6%; with 100% employer match about $94,413 at 4% or $62,942 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN-79$4,133,895$596,688$7,553iApproximate average salary by contribution assumption: employee only about $188,825 at 4% or $125,884 at 6%; with 50% employer match about $125,884 at 4% or $83,922 at 6%; with 100% employer match about $94,413 at 4% or $62,942 at 6%.
2023280$3,510,798$783,552$9,794iApproximate average salary by contribution assumption: employee only about $244,860 at 4% or $163,240 at 6%; with 50% employer match about $163,240 at 4% or $108,827 at 6%; with 100% employer match about $122,430 at 4% or $81,620 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN-80$3,510,798$346,682$4,334iApproximate average salary by contribution assumption: employee only about $108,338 at 4% or $72,225 at 6%; with 50% employer match about $72,225 at 4% or $48,150 at 6%; with 100% employer match about $54,169 at 4% or $36,113 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PLAN-0$0$436,870-
2022270$2,689,616$464,879$6,641iApproximate average salary by contribution assumption: employee only about $166,028 at 4% or $110,685 at 6%; with 50% employer match about $110,685 at 4% or $73,790 at 6%; with 100% employer match about $83,014 at 4% or $55,343 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PLAN-70$1,989,237$381,885$5,456iApproximate average salary by contribution assumption: employee only about $136,388 at 4% or $90,925 at 6%; with 50% employer match about $90,925 at 4% or $60,617 at 6%; with 100% employer match about $68,194 at 4% or $45,463 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-10$700,379$82,994$8,299iApproximate average salary by contribution assumption: employee only about $207,485 at 4% or $138,323 at 6%; with 50% employer match about $138,323 at 4% or $92,216 at 6%; with 100% employer match about $103,743 at 4% or $69,162 at 6%.
2021282$2,851,692$337,719$4,119iApproximate average salary by contribution assumption: employee only about $102,963 at 4% or $68,642 at 6%; with 50% employer match about $68,642 at 4% or $45,761 at 6%; with 100% employer match about $51,482 at 4% or $34,321 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PLAN-82$2,053,199$280,746$3,424iApproximate average salary by contribution assumption: employee only about $85,593 at 4% or $57,062 at 6%; with 50% employer match about $57,062 at 4% or $38,041 at 6%; with 100% employer match about $42,797 at 4% or $28,531 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-17$798,493$56,973$3,351iApproximate average salary by contribution assumption: employee only about $83,784 at 4% or $55,856 at 6%; with 50% employer match about $55,856 at 4% or $37,237 at 6%; with 100% employer match about $41,892 at 4% or $27,928 at 6%.
20201101$2,774,589$269,691$2,670iApproximate average salary by contribution assumption: employee only about $66,755 at 4% or $44,503 at 6%; with 50% employer match about $44,503 at 4% or $29,669 at 6%; with 100% employer match about $33,378 at 4% or $22,252 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-101$2,774,589$269,691$2,670iApproximate average salary by contribution assumption: employee only about $66,755 at 4% or $44,503 at 6%; with 50% employer match about $44,503 at 4% or $29,669 at 6%; with 100% employer match about $33,378 at 4% or $22,252 at 6%.
20191131$3,095,373$301,228$2,299iApproximate average salary by contribution assumption: employee only about $57,486 at 4% or $38,324 at 6%; with 50% employer match about $38,324 at 4% or $25,549 at 6%; with 100% employer match about $28,743 at 4% or $19,162 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-131$3,095,373$301,228$2,299iApproximate average salary by contribution assumption: employee only about $57,486 at 4% or $38,324 at 6%; with 50% employer match about $38,324 at 4% or $25,549 at 6%; with 100% employer match about $28,743 at 4% or $19,162 at 6%.
20181152$2,485,297$269,097$1,770iApproximate average salary by contribution assumption: employee only about $44,259 at 4% or $29,506 at 6%; with 50% employer match about $29,506 at 4% or $19,671 at 6%; with 100% employer match about $22,130 at 4% or $14,753 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-152$2,485,297$269,097$1,770iApproximate average salary by contribution assumption: employee only about $44,259 at 4% or $29,506 at 6%; with 50% employer match about $29,506 at 4% or $19,671 at 6%; with 100% employer match about $22,130 at 4% or $14,753 at 6%.
20171157$2,368,674$241,038$1,535iApproximate average salary by contribution assumption: employee only about $38,382 at 4% or $25,588 at 6%; with 50% employer match about $25,588 at 4% or $17,059 at 6%; with 100% employer match about $19,191 at 4% or $12,794 at 6%.
Gem Financial Services Inc 401(K) Profit Sharing Plan & Trust-157$2,368,674$241,038$1,535iApproximate average salary by contribution assumption: employee only about $38,382 at 4% or $25,588 at 6%; with 50% employer match about $25,588 at 4% or $17,059 at 6%; with 100% employer match about $19,191 at 4% or $12,794 at 6%.
20161130$1,912,083$158,697$1,221iApproximate average salary by contribution assumption: employee only about $30,519 at 4% or $20,346 at 6%; with 50% employer match about $20,346 at 4% or $13,564 at 6%; with 100% employer match about $15,259 at 4% or $10,173 at 6%.
Gem Financial Services Inc 401(K) Profit Sharing Plan & Trust-130$1,912,083$158,697$1,221iApproximate average salary by contribution assumption: employee only about $30,519 at 4% or $20,346 at 6%; with 50% employer match about $20,346 at 4% or $13,564 at 6%; with 100% employer match about $15,259 at 4% or $10,173 at 6%.
2015175$1,661,489$35,283$470iApproximate average salary by contribution assumption: employee only about $11,761 at 4% or $7,841 at 6%; with 50% employer match about $7,841 at 4% or $5,227 at 6%; with 100% employer match about $5,881 at 4% or $3,920 at 6%.
Gem Financial Services Inc 401(K) Profit Sharing Plan & Trust-75$1,661,489$35,283$470iApproximate average salary by contribution assumption: employee only about $11,761 at 4% or $7,841 at 6%; with 50% employer match about $7,841 at 4% or $5,227 at 6%; with 100% employer match about $5,881 at 4% or $3,920 at 6%.
20123163$1,444,638$359,852$2,208iApproximate average salary by contribution assumption: employee only about $55,192 at 4% or $36,795 at 6%; with 50% employer match about $36,795 at 4% or $24,530 at 6%; with 100% employer match about $27,596 at 4% or $18,397 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-163$1,058,782$101,140$620iApproximate average salary by contribution assumption: employee only about $15,512 at 4% or $10,342 at 6%; with 50% employer match about $10,342 at 4% or $6,894 at 6%; with 100% employer match about $7,756 at 4% or $5,171 at 6%.
GEM FINANCIAL SERVICES INC-84$385,856$156,029$1,857iApproximate average salary by contribution assumption: employee only about $46,437 at 4% or $30,958 at 6%; with 50% employer match about $30,958 at 4% or $20,639 at 6%; with 100% employer match about $23,219 at 4% or $15,479 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING P-0-$102,683-
20111146$919,829$158,639$1,087iApproximate average salary by contribution assumption: employee only about $27,164 at 4% or $18,109 at 6%; with 50% employer match about $18,109 at 4% or $12,073 at 6%; with 100% employer match about $13,582 at 4% or $9,055 at 6%.
GEM FINANCIAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST-146$919,829$158,639$1,087iApproximate average salary by contribution assumption: employee only about $27,164 at 4% or $18,109 at 6%; with 50% employer match about $18,109 at 4% or $12,073 at 6%; with 100% employer match about $13,582 at 4% or $9,055 at 6%.
2010147$806,656$136,897$2,913iApproximate average salary by contribution assumption: employee only about $72,818 at 4% or $48,545 at 6%; with 50% employer match about $48,545 at 4% or $32,363 at 6%; with 100% employer match about $36,409 at 4% or $24,273 at 6%.
GEM FINANCIAL SERVICES INC 401 K PROFIT SHARING PLAN TRUST-47$806,656$136,897$2,913iApproximate average salary by contribution assumption: employee only about $72,818 at 4% or $48,545 at 6%; with 50% employer match about $48,545 at 4% or $32,363 at 6%; with 100% employer match about $36,409 at 4% or $24,273 at 6%.
20091112$611,138$131,448$1,174iApproximate average salary by contribution assumption: employee only about $29,341 at 4% or $19,561 at 6%; with 50% employer match about $19,561 at 4% or $13,040 at 6%; with 100% employer match about $14,671 at 4% or $9,780 at 6%.
GEM FINANCIAL SERVICES INC-112$611,138$131,448$1,174iApproximate average salary by contribution assumption: employee only about $29,341 at 4% or $19,561 at 6%; with 50% employer match about $19,561 at 4% or $13,040 at 6%; with 100% employer match about $14,671 at 4% or $9,780 at 6%.
2005190$96,191$93,134$1,035iApproximate average salary by contribution assumption: employee only about $25,871 at 4% or $17,247 at 6%; with 50% employer match about $17,247 at 4% or $11,498 at 6%; with 100% employer match about $12,935 at 4% or $8,624 at 6%.
GEM FINANCIAL SERVICES 401K PLAN-90$96,191$93,134$1,035iApproximate average salary by contribution assumption: employee only about $25,871 at 4% or $17,247 at 6%; with 50% employer match about $17,247 at 4% or $11,498 at 6%; with 100% employer match about $12,935 at 4% or $8,624 at 6%.