401(k) · DOL Form 5500 · 2022

Flex-N-Gate LLC 401(k) Plan

Data updated 2026-08-25

$302M
Total assets Above avg plan size
7,335
Participants Very large workforce
97th
Percentile by assets National rank
$41,215
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#19,547
in Manufacturing (20,602 peers)
-14.1%
assets change YoY
3.0×
vs typical plan assets (national mean)

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.

Flex-N-Gate Corporation 401(k) Plan's outsized position by total assets

Flex-N-Gate Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$302,312,822 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Flex-N-Gate Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Flex-N-Gate Corporation 401(k) Plan lands in the large band (7,335 participants).

EBSA filing schedule strip

Filing strip 371049734 · Flex-N-Gate LLC PY 2022 · 401(k)

Flex-N-Gate Corporation 401(k) Plan · $302M · 7,335 · 97th

  • 5500 $302M
  • 5500 7,335
  • 5500 97th
  • 5500 401(k)
  • 5500 near Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan
  • 5500 ind #19547

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Flex-N-Gate Corporation 401(k) Plan in the asset neighbourhood

Ice Miller Retirement Plan$302MStandard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation PlanStandard Motor Products, Inc…$302MFlex-N-Gate Corporation 401(k) PlanFlex-N-Gate Corporation 401(…$302MKennedy Krieger Institute Retirement Savings PlanKennedy Krieger Institute Re…$302MApex Systems, LLC 401(k) Plan$302M
End-of-year total assets ($M) among Flex-N-Gate Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$352M
Net Assets (End of Year)$302M
Net Income-$50M
Employer EIN371049734
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flex-N-Gate LLC)

Sponsor-wide plan assets over time

All Flex-N-Gate LLC plans reported in each filing year

Latest sponsor-wide plan assets
$405M 33.960681958769186% vs 2022
2024 filing year
$250M$300M$350M$400M$450M 202220232024 $302M $405M ▲ +34.0%
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 Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Flex-N-Gate Corporation 401(k) Plan, Total assets ($B): 0.302312822 · Participants: 7335Flex-N-Gate Corporation 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Flex-N-Gate Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan in NY ($302M); by covered participants it is Akima, LLC 401(k) Plan in VA (7,334 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,335 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Flex-N-Gate Corporation 401(k) Plan assets move in 2022? ▼
Flex-N-Gate Corporation 401(k) Plan pulled back noticeably - down 14.1% during 2022, from $352M to $302M. Reported net income was -$50M.
How have Flex-N-Gate LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flex-N-Gate LLC's sponsor-wide assets grew 34.0%, from $302M to $405M.
Where does Flex-N-Gate Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Flex-N-Gate Corporation 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Flex-N-Gate Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan in NY ($302M, 1,583 participants).
Which 401(k) plans cover a similar participant headcount to Flex-N-Gate Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Akima, LLC 401(k) Plan in VA (7,334 participants, $355M in assets).