401(k) · DOL Form 5500 · 2023

Gorton's Inc. 401(k) Plan

Data updated 2026-08-25

$92M
Total assets Below avg plan size
186
Participants Below avg headcount
91st
Percentile by assets National rank
$492,832
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Savings Plan for Salaried Employees of Gorton's · Sponsored by Gorton's Inc. · Massachusetts · Manufacturing

$92M in assets, 186 participants

Gorton's Inc.'s Savings Plan for Salaried Employees of Gorton's reported $92M in total assets and 186 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,087 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Savings Plan for Salaried Employees of Gorton's covers 186 participants in Massachusetts, about 28% of the average Massachusetts filer (state average ~659 per filing). Assets: $92M.

#16,087
in Manufacturing (18,722 peers)
+6.1%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Savings Plan for Salaried Employees of Gorton's's outsized position by total assets

Savings Plan for Salaried Employees of Gorton's vs every filed plan by assets

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

$91,666,696 Top 9% higher than 91% 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

Savings Plan for Salaried Employees of Gorton's 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. Savings Plan for Salaried Employees of Gorton's sits mid-pack in the medium band (186 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savings Plan for Salaried Employees of Gorton's reported net income rose from -$15M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Savings Plan for Salaried Employees of Gorton's reported participants rose from 170 in the plan year 2022 filing to 186 in the plan year 2023 filing.
  • Savings Plan for Salaried Employees of Gorton's end-of-year assets rose from $86M in the plan year 2022 filing to $92M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 043575531 · Gorton's Inc. PY 2023 · 401(k)

Savings Plan for Salaried Employees of Gorton's · $92M · 186 · 91st

  • RANK $92M
  • RANK 186
  • RANK 91st
  • RANK 401(k)
  • RANK near Penn United Technologies, Inc. 401(k) Plan
  • RANK ind #16087

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 Massachusetts →

Savings Plan for Salaried Employees of Gorton's in the asset neighbourhood

Optimum Employer Solutions Retirement PlanOptimum Employer Solutions R…$92MSavings Plan for Salaried Employees of Gorton'sSavings Plan for Salaried Em…$92MPenn United Technologies, Inc. 401(k) PlanPenn United Technologies, In…$92MRichard Design Services, Inc. Full-Time Regular 401(k) PlanRichard Design Services, Inc…$92MFamily Practice Center, PC 401(k) PlanFamily Practice Center, PC 4…$92M
End-of-year total assets ($M) among Savings Plan for Salaried Employees of Gorton's and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$92M
Net Income$5M
Employer EIN043575531
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gorton's Inc.)

Sponsor-wide plan assets over time

All Gorton's Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$161M 3.3204730076096984% vs 2022
2024 filing year
$154M$156M$158M$160M$162M 202220232024 $156M $161M ▲ +3.3%
Year Plans Participants Total Assets
2022 3 535 $156M
2023 3 515 $161M
2024 3 507 $161M

Nearby 401(k) Plans in Massachusetts

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

Savings Plan for Salaried Employees of Gorton's vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Savings Plan for Salaried Employees of Gorton's, Total assets ($B): 0.091666696 · Participants: 186Savings Plan for Salaried Employees of Gorton'sFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Savings Plan for Salaried Employees of Gorton's vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Savings Plan for Salaried Employees of Gorton's side-by-side with 3 peers →

Savings Plan for Salaried Employees of Gorton's's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Penn United Technologies, Inc. 401(k) Plan in PA ($92M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 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 Savings Plan for Salaried Employees of Gorton's assets move in 2023? ▼
Savings Plan for Salaried Employees of Gorton's grew at a solid clip - up 6.1% during 2023, from $86M to $92M. Reported net income was $5M.
How have Gorton's Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gorton's Inc.'s sponsor-wide assets grew 3.3%, from $156M to $161M.
Where does Savings Plan for Salaried Employees of Gorton's rank by assets among Form 5500 filers? ▼
Savings Plan for Salaried Employees of Gorton's ranks in the 91st 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 401(k) plans are similar in size to Savings Plan for Salaried Employees of Gorton's? ▼
Among 401(k) plans in other states, the closest by assets is Penn United Technologies, Inc. 401(k) Plan in PA ($92M, 771 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Salaried Employees of Gorton's? ▼
Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (186 participants, $1M 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 043575531.

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.