Gems Americas, Inc. 401(k) Plan: Login, Facts & Contact Information

Gems Americas, Inc. 401(k) Plan Facts

Plan name
GEMS AMERICAS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GEMS AMERICAS, INC.
Participants
140 (132 active employees)
Plan assets
$2,791,626 at Dec 31, 2023
Average account balance
$33,634 across 83 accounts
Employer contributions
$103,527 in plan year 2023 (23% of all contributions)
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 2012
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 10, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $441,501 went into the plan in contributions, $103,527 of it from the employer (23%).
  • $384,232 was paid out to participants.
  • Investment and other income added $425,898.

How the Gems Americas, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018153$1.19 million$125,095$291,737
2019157$1.72 million$122,553$213,102
2020152$2.29 million$114,486$240,326
2021153$3.06 million$111,705$97,322
2022152$2.34 million$97,766$569,165
2023140$2.79 million$103,527$384,232

Gems Americas, Inc. 401(k) Contact Information

Phone
312-809-8900
Mailing address
350 E. SOUTH WATER ST, CHICAGO IL 60601
Plan sponsor
GEMS AMERICAS, INC.
Employer identification number (EIN)
26-4542237
Plan number
001

Questions about the Gems Americas, Inc. 401(k)

Does Gems Americas, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $103,527, 23% of all contributions.

Does the Gems Americas, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Gems Americas, Inc 401(k) plan?

140 participants at the start of plan year 2023, 132 of them active employees.

What is the average 401(k) balance at Gems Americas, Inc?

About $33,634 per account: $2.79 million in plan assets across 83 accounts with a balance at the end of plan year 2023.

Who manages the Gems Americas, Inc 401(k) accounts?

Newport (an Ascensus company) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Gems Americas, Inc. How do I access my 401(k)?

Your account stays with Newport (an Ascensus company) after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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