401(k) · DOL Form 5500 · 2022

Gates Corporation 401(k) Plan

Data updated 2026-08-11

$601M
Total assets
3,903
Participants
98th
Percentile by assets
$154,004
Avg per participant
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Official DOL plan name: The Gates Matchmaker Plan · Sponsored by Gates Corporation · Colorado · Manufacturing

$601M in assets, 3,903 participants

Gates Corporation's The Gates Matchmaker Plan reported $601M in total assets and 3,903 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,973 in Manufacturing (20,602 peers)

Coverage in Colorado

The Gates Matchmaker Plan covers 3,903 participants in Colorado, 10x the typical Colorado plan (state average ~376 per filing). Assets: $601M.

$601M
total plan assets (2022 EOY)
3,903
covered participants
98th
percentile by assets (of 139,126 plans)
$154,004
avg assets per participant

The plan reported a net loss of $126M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Colorado filers

In Colorado, the average filing covers about 376 participants across 2,719 plans. The Gates Matchmaker Plan reports 3,903 participants - 10x that state average ($601M EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)$727M
Net Assets (End of Year)$601M
Net Income-$126M
Employer EIN840857401
Plan Effective Date1960-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gates Corporation)

$700M$750M$800M$850M 202220232024 $749M $821M ▲ +9.6%
Total plan assets by year, all Gates Corporation plans on file
Year Plans Participants Total Assets
2022 2 4,137 $749M
2023 2 4,140 $798M
2024 2 3,968 $821M

Nearby 401(k) Plans in Colorado

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

The Gates Matchmaker Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

The Gates Matchmaker Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. 0200004000060000 00.511.522.53 Total assets ($B) Participants The Gates Matchmaker…Davita Retirement Sa…Ball Corporation 401…Scl Health 401(k) Re…Woodward Retirement …Empower Retirement, …
The Gates Matchmaker Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Gates Matchmaker Plan by total assets, not by location.

Frequently Asked Questions

How did The Gates Matchmaker Plan assets move in 2022?
The Gates Matchmaker Plan declined sharply - down 17.3% during 2022, from $727M to $601M. Reported net income was -$126M.
How have Gates Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Gates Corporation's sponsor-wide assets grew 9.6%, from $749M to $821M.
Where does The Gates Matchmaker Plan rank by assets among Form 5500 filers?
The Gates Matchmaker Plan ranks in the 98th 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 The Gates Matchmaker Plan?
Among 401(k) plans in other states, the closest by assets is Coherent Corp. 401(k) Profit Sharing Plan in PA ($601M, 3,552 participants).

Filing takeaways

Ways to act on The Gates Matchmaker Plan's numbers.