401(k) · DOL Form 5500 · 2022

Gorton's Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
265
Participants Below avg headcount
65th
Percentile by assets National rank
$38,108
Avg per participant Low balance/head
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Official DOL plan name: Savings Plan for Union Employees of Gorton's · Sponsored by Gorton's Inc. · Massachusetts · Manufacturing

$10M in assets, 265 participants

Gorton's Inc.'s Savings Plan for Union Employees of Gorton's reported $10M in total assets and 265 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #10,804 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Savings Plan for Union Employees of Gorton's covers 265 participants in Massachusetts, about 40% of the average Massachusetts filer (state average ~659 per filing). Assets: $10M.

#10,804
in Manufacturing (20,602 peers)
-10.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Plan for Union Employees of Gorton's's mid-pack asset rank among Manufacturing and all filers

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

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

$10,098,500 Top 35% higher than 65% 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

Savings Plan for Union Employees of Gorton's among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Plan for Union Employees of Gorton's sits mid-pack in the medium band (265 participants).

DOL schedule card

Filing strip 043575531 · Gorton's Inc. PY 2022 · 401(k)

Savings Plan for Union Employees of Gorton's · $10M · 265 · 65th

  • NET $10M
  • NET 265
  • NET 65th
  • NET 401(k)
  • NET near Michigan Surgery Specialists, P.C. 401(k) Plan and Trust
  • NET ind #10804

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 Massachusetts →

Savings Plan for Union Employees of Gorton's in the asset neighbourhood

Savings Plan for Union Employees of Gorton'sSavings Plan for Union Emplo…$10MMichigan Surgery Specialists, P.C. 401(k) Plan and TrustMichigan Surgery Specialists…$10MMenlo Security, Inc. 401(k) PlanMenlo Security, Inc. 401(k) …$10MCharter Health Holdings, Inc. 401(k) PlanCharter Health Holdings, Inc…$10MThe Dynamic Group, Inc. 401(k) Retirement Savings PlanThe Dynamic Group, Inc. 401(…$10M
End-of-year total assets ($M) among Savings Plan for Union Employees of Gorton's and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$1M
Employer EIN043575531
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gorton's Inc.)

Sponsor-wide plan assets over time

All Gorton's Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$161M 3.3204730076096984% vs 2022
2024 filing year
$154M$156M$158M$160M$162M 202220232024 $156M $161M ▲ +3.3%
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 Union Employees of Gorton's vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Savings Plan for Union Employees of Gorton's, Total assets ($B): 0.0100985 · Participants: 265Savings Plan for Union Employees of Gorton'sFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Savings Plan for Union Employees of Gorton's vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Savings Plan for Union Employees of Gorton's side-by-side with 3 peers →

Savings Plan for Union Employees of Gorton's's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Michigan Surgery Specialists, P.C. 401(k) Plan and Trust in MI ($10M); by covered participants it is Vining-Sparks Ibg, L.P. 401(k) Plan in TN (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 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 Savings Plan for Union Employees of Gorton's assets move in 2022? ▼
Savings Plan for Union Employees of Gorton's pulled back noticeably - down 10.2% during 2022, from $11M to $10M. Reported net income was -$1M.
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.
Which 401(k) plans are similar in size to Savings Plan for Union Employees of Gorton's? ▼
Among 401(k) plans in other states, the closest by assets is Michigan Surgery Specialists, P.C. 401(k) Plan and Trust in MI ($10M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Union Employees of Gorton's? ▼
Among 401(k) plans in other states, the closest by covered participants is Vining-Sparks Ibg, L.P. 401(k) Plan in TN (265 participants, N/A in assets).

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.