401(k) · DOL Form 5500 · 2023

Pine Gate Renewables, LLC 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
1,189
Participants Near avg headcount
83rd
Percentile by assets National rank
$32,849
Avg per participant Low balance/head
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Official DOL plan name: Pine Gate Blue Ridge 401(k) Plan · Sponsored by Pine Gate Renewables, LLC · North Carolina · Utilities

$39M in assets, 1,189 participants

Pine Gate Renewables, LLC's Pine Gate Blue Ridge 401(k) Plan reported $39M in total assets and 1,189 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #344 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Pine Gate Blue Ridge 401(k) Plan ranks #344 of 721 2023 filers by assets (1375% of the sector average)-$39M for 1,189 participants.

#344
in Utilities (721 peers)
+68.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Pine Gate Blue Ridge 401(k) Plan's outsized position by total assets

Pine Gate Blue Ridge 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$39,057,883 Top 17% higher than 83% of 127,068 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 2023

Pine Gate Blue Ridge 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pine Gate Blue Ridge 401(k) Plan lands in the large band (1,189 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pine Gate Blue Ridge 401(k) Plan reported net income rose from $6M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Pine Gate Blue Ridge 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Pine Gate Blue Ridge 401(k) Plan reported participants rose from 717 in the plan year 2022 filing to 1,189 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 352564063 · Pine Gate Renewables, LLC PY 2023 · 401(k)

Pine Gate Blue Ridge 401(k) Plan · $39M · 1,189 · 83rd

  • EBSA $39M
  • EBSA 1,189
  • EBSA 83rd
  • EBSA 401(k)
  • EBSA near Village Green Holding, LLC Retirement Savings Program
  • EBSA ind #344

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 Utilities retirement plans → · Plans in North Carolina →

Pine Gate Blue Ridge 401(k) Plan in the asset neighbourhood

Pedcor Companies 401(k) Plan$39MPine Gate Blue Ridge 401(k) PlanPine Gate Blue Ridge 401(k) …$39MVillage Green Holding, LLC Retirement Savings ProgramVillage Green Holding, LLC R…$39MMx Technologies, Inc. 401(k) PlanMx Technologies, Inc. 401(k)…$39MDelta Dental of Illinois Retirement Savings PlanDelta Dental of Illinois Ret…$39M
End-of-year total assets ($M) among Pine Gate Blue Ridge 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$39M
Net Income$16M
Employer EIN352564063
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pine Gate Renewables, LLC)

Sponsor-wide plan assets over time

All Pine Gate Renewables, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$48M 106.8913997905912% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $23.2M $48M ▲ +106.9%
Year Plans Participants Total Assets
2022 1 717 $23M
2023 1 1,189 $39M
2024 1 1,144 $48M

Nearby 401(k) Plans in North Carolina

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

Pine Gate Blue Ridge 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Pine Gate Blue Ridge 401(k) Plan, Total assets ($B): 0.039057883 · Participants: 1189Pine Gate Blue Ridge 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Pine Gate Blue Ridge 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Pine Gate Blue Ridge 401(k) Plan side-by-side with 3 peers →

Pine Gate Blue Ridge 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Village Green Holding, LLC Retirement Savings Program in MI ($39M); by covered participants it is The Colson Medical LLC Employees' Retirement Plan in IL (1,189 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,189 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pine Gate Blue Ridge 401(k) Plan assets move in 2023? ▼
Pine Gate Blue Ridge 401(k) Plan surged - up 68.2% during 2023, from $23M to $39M. Reported net income was $16M.
How have Pine Gate Renewables, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pine Gate Renewables, LLC's sponsor-wide assets grew 106.9%, from $23M to $48M.
Where does Pine Gate Blue Ridge 401(k) Plan rank by assets among Form 5500 filers? ▼
Pine Gate Blue Ridge 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Pine Gate Blue Ridge 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Village Green Holding, LLC Retirement Savings Program in MI ($39M, 771 participants).
Which 401(k) plans cover a similar participant headcount to Pine Gate Blue Ridge 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Colson Medical LLC Employees' Retirement Plan in IL (1,189 participants, $169M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 352564063.

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.