Gem Equipment of Oregon 401(k) match, vesting and fees
What Gem Equipment of Oregon's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Workplace Services LLC | Schedule C ↗ |
| Independent auditor | Aldrich Cpas Advisors LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Gem Equipment of Oregon: employer contribution per participant | $1,734 | |
| Peer median | $1,847 |
| Gem Equipment of Oregon: average balance | $64,754 | |
| Peer median | $65,512 |
| Gem Equipment of Oregon: admin expenses ÷ assets | 0.87% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $9.3M at the end of plan year 2021 to $10.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 173 | $10.9M | $293K | $1,734 | 0.87% | Not published | Form 5500 ↗ |
| 2023 | 177 | $10M | $311K | $1,851 | 0.52% | Not published | Form 5500 ↗ |
| 2022 | 158 | $8.3M | $290K | $1,999 | 0.58% | Not published | Form 5500 ↗ |
| 2021 | 146 | $9.3M | $248K | $1,966 | 0.16% | Not published | Form 5500 ↗ |
Common questions
Does Gem Equipment of Oregon match 401(k) contributions?
The match terms for the Gem Equipment of Oregon, Inc Employees' 401(k) Salary Reduction Plan have not been published from its filing yet. The plan year 2024 filing reports $293K in employer contributions, about $1,734 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Gem Equipment of Oregon 401(k) match vested?
The vesting schedule for the Gem Equipment of Oregon, Inc Employees' 401(k) Salary Reduction Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Gem Equipment of Oregon 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Workplace Services LLC. The plan administrator is Gem Equipment of Oregon, Inc.
I left Gem Equipment of Oregon. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Gem Equipment of Oregon, Inc, (503) 982-9902) or the recordkeeper, Fidelity Workplace Services LLC. The Gem Equipment of Oregon old 401(k) page lists the contacts from every plan filing. Find an old Gem Equipment of Oregon 401(k)
Data from the public Form 5500 annual reports Gem Equipment of Oregon filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Gem Equipment of Oregon. Not financial advice. Report a correction · Methodology