Defined Benefit (Pension) · DOL Form 5500 · 2023

Gates Corporation Pension Plan

Data updated 2026-08-11

$135M
Total assets
194
Participants
93rd
Percentile by assets
$697,681
Avg per participant
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Official DOL plan name: The Gates Group Retirement Plan · Sponsored by Gates Corporation · Colorado · Manufacturing

$135M in assets, 194 participants

Gates Corporation's The Gates Group Retirement Plan reported $135M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,725 in Manufacturing (18,722 peers)

Where The Gates Group Retirement Plan sits by assets

The Gates Group Retirement Plan sits in the top 10% of all filed plans by assets, $135M for 194 participants (~$697,681/participant), down 8.8% in 2023.

$135M
total plan assets (2023 EOY)
194
covered participants
93rd
percentile by assets (of 127,072 plans)
$697,681
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Gates Group Retirement Plan sits by total assets

The Gates Group Retirement Plan vs every filed plan by assets

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

$135,350,035 Top 7% higher than 93% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Gates Group Retirement Plan reported net income rose from -$54M in the plan year 2022 filing to -$13M in the plan year 2023 filing.
  • The Gates Group Retirement Plan reported participants fell from 234 in the plan year 2022 filing to 194 in the plan year 2023 filing.
  • The Gates Group Retirement Plan end-of-year assets fell from $148M in the plan year 2022 filing to $135M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Colorado
Industry
Manufacturing

The Gates Group Retirement Plan vs the 2023 asset distribution

By assets, The Gates Group Retirement Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$135M
Net Income-$13M
Employer EIN840857401
Plan Effective Date1964-10-01
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 Defined Benefit (Pension) Plans in Colorado

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Gates Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Colorado, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 00.511.5 Total assets ($B) Participants The Gates Group Reti…, Total assets ($B): 0.135350035 · Participants: 194The Gates Group Reti…Rocky Mountain Ufcw …, Total assets ($B): 1.28371737 · Participants: 39434Rocky Mountain Ufcw …Ball Pension Plan, Total assets ($B): 0.95106192 · Participants: 1506Ball Pension PlanPcs U.S. Employees' …, Total assets ($B): 0.853837683 · Participants: 1340Pcs U.S. Employees' …Medianews Group Pens…, Total assets ($B): 0.434038888 · Participants: 213Medianews Group Pens…National Renewable E…, Total assets ($B): 0.406218917 · Participants: 2822National Renewable E…
The Gates Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Colorado, assets vs. participants
Compare The Gates Group Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Gates Group Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Gates Group Retirement Plan assets move in 2023? ▼
The Gates Group Retirement Plan pulled back noticeably - down 8.8% during 2023, from $148M to $135M. Reported net income was -$13M.
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 Group Retirement Plan rank by assets among Form 5500 filers? ▼
The Gates Group Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Gates Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Fund Local 445 in NY ($135M, 429 participants).

Next read for The Gates Group Retirement Plan

Scale reading

Ways to act on The Gates Group Retirement Plan's numbers.

  • By total assets, The Gates Group Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Colorado. Compare plans
  • Gates Corporation's sponsor-wide assets have grown 9.6% 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 840857401.

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.