401(k) · DOL Form 5500 · 2023

K&l Gates LLP 401(k) Plan

Data updated 2026-08-11

$450M
Total assets
1,394
Participants
97th
Percentile by assets
$323,023
Avg per participant
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Official DOL plan name: K&l Gates 401(k) Plan Beta · Sponsored by K&l Gates LLP · Pennsylvania · Professional & Technical Services

$450M in assets, 1,394 participants

K&l Gates LLP's K&l Gates 401(k) Plan Beta reported $450M in total assets and 1,394 participants in its 2023 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.

  • 97th percentile by assets (of 127,072 plans)
  • #19,919 in Professional & Technical Services (20,321 peers)

Where K&l Gates 401(k) Plan Beta sits by assets

K&l Gates 401(k) Plan Beta sits in the top 5% of all filed plans by assets, $450M for 1,394 participants (~$323,023/participant), up 17.9% in 2023.

$450M
total plan assets (2023 EOY)
1,394
covered participants
97th
percentile by assets (of 127,072 plans)
$323,023
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • K&l Gates 401(k) Plan Beta reported net income rose from -$99M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • K&l Gates 401(k) Plan Beta end-of-year assets rose from $382M in the plan year 2022 filing to $450M in the plan year 2023 filing.
  • K&l Gates 401(k) Plan Beta reported participants rose from 1,352 in the plan year 2022 filing to 1,394 in the plan year 2023 filing.

See the national 2022→2023 release diff →

K&l Gates 401(k) Plan Beta vs the 2023 asset distribution

By assets, K&l Gates 401(k) Plan Beta outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$382M
Net Assets (End of Year)$450M
Net Income$62M
Employer EIN250921018
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (K&l Gates LLP)

$1B$1.2B$1.4B$1.6B 202220232024 $1.17B $1.56B ▲ +33.3%
Total plan assets by year, all K&l Gates LLP plans on file
Year Plans Participants Total Assets
2022 4 3,295 $1.2B
2023 4 3,427 $1.4B
2024 4 3,545 $1.6B

Nearby 401(k) Plans in Pennsylvania

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

K&l Gates 401(k) Plan Beta vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

K&l Gates 401(k) Plan Beta vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants K&l Gates 401(k) Pla…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
K&l Gates 401(k) Plan Beta vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to K&l Gates 401(k) Plan Beta by total assets, not by location.

Frequently Asked Questions

How did K&l Gates 401(k) Plan Beta assets move in 2023?
K&l Gates 401(k) Plan Beta grew sharply - up 17.9% during 2023, from $382M to $450M. Reported net income was $62M.
How have K&l Gates LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), K&l Gates LLP's sponsor-wide assets grew 34.0%, from $1.2B to $1.6B.
Where does K&l Gates 401(k) Plan Beta rank by assets among Form 5500 filers?
K&l Gates 401(k) Plan Beta ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to K&l Gates 401(k) Plan Beta?
Among 401(k) plans in other states, the closest by assets is The Plymouth Rock Companies Savings and Investment Plan in MA ($450M, 1,783 participants).

Scale reading

Ways to act on K&l Gates 401(k) Plan Beta's numbers.