Defined Benefit (Pension) · DOL Form 5500 · 2023

Gates Corporation Pension Plan

Data updated 2026-08-25

$135M
Total assets Near avg plan size
194
Participants Below avg headcount
93rd
Percentile by assets National rank
$697,681
Avg per participant High balance/head
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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.

  • #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.

#16,725
in Manufacturing (18,722 peers)
-8.8%
assets change YoY
1.4×
vs typical plan assets (national mean)

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.

The Gates Group Retirement Plan's outsized position 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 $2,050,000,000 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

The Gates Group Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gates Group Retirement Plan sits mid-pack in the medium band (194 participants).

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 →

Published 5500 schedule card

Filing strip 840857401 · Gates Corporation PY 2023 · Defined Benefit (Pension)

The Gates Group Retirement Plan · $135M · 194 · 93rd

  • BOOK $135M
  • BOOK 194
  • BOOK 93rd
  • BOOK Defined Benefit (Pension)
  • BOOK near Pension Fund Local 445
  • BOOK ind #16725

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 Colorado →

The Gates Group Retirement Plan in the asset neighbourhood

Laborers Agc Pension Trust of MontanaLaborers Agc Pension Trust o…$136MRetirement Plan for Employees of South Nassau Communities HospitalRetirement Plan for Employee…$135MPension Fund Local 445$135MThe Gates Group Retirement PlanThe Gates Group Retirement P…$135MThe Sherwin-Williams Company Employees' Pension PlanThe Sherwin-Williams Company…$135M
End-of-year total assets ($M) among The Gates Group Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Gates Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$821M 9.582094519310447% vs 2022
2024 filing year
$700M$750M$800M$850M 202220232024 $749M $821M ▲ +9.6%
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 ($B) Participants The Gates Group Retirement Plan, Total assets ($B): 0.135350035 · Participants: 194The Gates Group Retirement PlanRocky Mountain Ufcw Unions and Employers Retail and Meat Pension Plan, Total assets ($B): 1.28371737 · Participants: 39434Rocky Mountain Ufcw Unions and Employers Retail and Meat Pension PlanBall Pension Plan, Total assets ($B): 0.95106192 · Participants: 1506Ball Pension PlanPcs U.S. Employees' Pension Plan, Total assets ($B): 0.853837683 · Participants: 1340Pcs U.S. Employees' Pension PlanMedianews Group Pension Plan, Total assets ($B): 0.434038888 · Participants: 213Medianews Group Pension PlanNational Renewable Energy Laboratory Shared Security Pension Plan, Total assets ($B): 0.406218917 · Participants: 2822National Renewable Energy Laboratory Shared Security Pension Plan
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 →

The Gates Group Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Colorado, the nearest Defined Benefit (Pension) by assets is Pension Fund Local 445 in NY ($135M); by covered participants it is B&g Foods Ankeny, Ia Pension Plan in NJ (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Gates Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is B&g Foods Ankeny, Ia Pension Plan in NJ (194 participants, $66M 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 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.