401(k) · DOL Form 5500 · 2022
Flex-N-Gate LLC 401(k) Plan
Data updated 2026-08-11
- $302M
- Total assets
- 7,335
- Participants
- 97th
- Percentile by assets
- $41,215
- Avg per participant
Official DOL plan name: Flex-N-Gate Corporation 401(k) Plan · Sponsored by Flex-N-Gate LLC · Illinois · Manufacturing
$302M in assets, 7,335 participants
Flex-N-Gate LLC's Flex-N-Gate Corporation 401(k) Plan reported $302M in total assets and 7,335 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 139,126 plans)
- #19,547 in Manufacturing (20,602 peers)
Coverage in Illinois
Flex-N-Gate Corporation 401(k) Plan covers 7,335 participants in Illinois, 9.4x the typical Illinois plan (state average ~779 per filing). Assets: $302M.
- $302M
- total plan assets (2022 EOY)
- 7,335
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $41,215
- avg assets per participant
The plan reported a net loss of $50M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Flex-N-Gate Corporation 401(k) Plan reports 7,335 participants - 9.4x that state average ($302M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $352M |
|---|---|
| Net Assets (End of Year) | $302M |
| Net Income | -$50M |
| Employer EIN | 371049734 |
| Plan Effective Date | 1994-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Flex-N-Gate LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,335 | $302M |
| 2023 | 1 | 7,231 | $355M |
| 2024 | 1 | 7,921 | $405M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Flex-N-Gate Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Scale composition for Flex-N-Gate Corporation 401(k) Plan
Flex-N-Gate Corporation 401(k) Plan reports $302M in end-of-year assets across 7,335 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $41,215 per participant (30% of the national average assets-per-participant) . Net income for plan year 2022 was -$50M.
This plan identity (EIN 371049734, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $302M to $405M (+34.0%) while covered participants moved from 7,335 to 7,921 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,335 | $302M | This page |
| 2023 | 7,231 | $355M | Open filing |
| 2024 · index core | 7,921 | $405M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Flex-N-Gate Corporation 401(k) Plan (401(k), $405M, 7,921 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Flex-N-Gate Corporation 401(k) Plan by total assets, not by location.
- Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan (NY) $302M · 1,583
- Ice Miller Retirement Plan (IN) $302M · 644
- Kennedy Krieger Institute Retirement Savings Plan (MD) $302M · 2,514
- Apex Systems, LLC 401(k) Plan (VA) $302M · 3,007
Frequently Asked Questions
How did Flex-N-Gate Corporation 401(k) Plan assets move in 2022? ▼
How have Flex-N-Gate LLC plan assets changed over time? ▼
Where does Flex-N-Gate Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Flex-N-Gate Corporation 401(k) Plan? ▼
Next read for Flex-N-Gate Corporation 401(k) Plan
Filing takeaways
Ways to act on Flex-N-Gate Corporation 401(k) Plan's numbers.
- By total assets, Flex-N-Gate Corporation 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Flex-N-Gate LLC's sponsor-wide assets have grown 34.0% since 2022 across 3 plan years on file. More Manufacturing plans