401(k) · DOL Form 5500 · 2022

Gorton's Inc. 401(k) Plan

Data updated 2026-08-11

$86M
Total assets
170
Participants
92nd
Percentile by assets
$508,419
Avg per participant
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Official DOL plan name: Savings Plan for Salaried Employees of Gorton's · Sponsored by Gorton's Inc. · Massachusetts · Manufacturing

$86M in assets, 170 participants

Gorton's Inc.'s Savings Plan for Salaried Employees of Gorton's reported $86M in total assets and 170 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,073 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Savings Plan for Salaried Employees of Gorton's covers 170 participants in Massachusetts, about 26% of the average Massachusetts filer (state average ~659 per filing). Assets: $86M.

$86M
total plan assets (2022 EOY)
170
covered participants
92nd
percentile by assets (of 139,126 plans)
$508,419
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Savings Plan for Salaried Employees of Gorton's sits by total assets

Savings Plan for Salaried Employees of Gorton's vs every filed plan by assets

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

$86,431,174 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Massachusetts
Industry
Manufacturing

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Savings Plan for Salaried Employees of Gorton's reports 170 participants - about 26% of that state average ($86M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$86M
Net Income-$15M
Employer EIN043575531
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gorton's Inc.)

$154M$156M$158M$160M$162M 202220232024 $156M $161M ▲ +3.3%
Total plan assets by year, all Gorton's Inc. plans on file
Year Plans Participants Total Assets
2022 3 535 $156M
2023 3 515 $161M
2024 3 507 $161M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Savings Plan for Salaried Employees of Gorton's vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Savings Plan for Sal…, Total assets ($B): 0.086431174 · Participants: 170Savings Plan for Sal…Fidelity Retirement …, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Instit…Philips North Americ…, Total assets ($B): 5.180251859 · Participants: 19750Philips North Americ…Boston Scientific Co…, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Co…
Savings Plan for Salaried Employees of Gorton's vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Savings Plan for Salaried Employees of G… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savings Plan for Salaried Employees of Gorton's by total assets, not by location.

Frequently Asked Questions

How did Savings Plan for Salaried Employees of Gorton's assets move in 2022? ▼
Savings Plan for Salaried Employees of Gorton's pulled back noticeably - down 14.8% during 2022, from $101M to $86M. Reported net income was -$15M.
How have Gorton's Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gorton's Inc.'s sponsor-wide assets grew 3.3%, from $156M to $161M.
Where does Savings Plan for Salaried Employees of Gorton's rank by assets among Form 5500 filers? ▼
Savings Plan for Salaried Employees of Gorton's ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Plan for Salaried Employees of Gorton's? ▼
Among 401(k) plans in other states, the closest by assets is International Union of Journeymen and Allied Trades 401(k) Retirement Plan in CT ($86M, 5,733 participants).

Next read for Savings Plan for Salaried Employees of G…

Filing takeaways

Ways to act on Savings Plan for Salaried Employees of Gorton's's numbers.

  • By total assets, Savings Plan for Salaried Employees of Gorton's ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Gorton's Inc.'s sponsor-wide assets have grown 3.3% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043575531.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.