401(k) · DOL Form 5500 · 2023

Flex-N-Gate LLC 401(k) Plan

Data updated 2026-08-11

$355M
Total assets: 7,231
Participants: 97th
Percentile by assets: $49,039
Avg per participant

Official DOL plan name: Flex-N-Gate Corporation 401(k) Plan · Sponsored by Flex-N-Gate LLC · Illinois · Manufacturing

$355M in assets, 7,231 participants

Flex-N-Gate LLC's Flex-N-Gate Corporation 401(k) Plan reported $355M in total assets and 7,231 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)
#17,706 in Manufacturing (18,722 peers)

Coverage in Illinois

Flex-N-Gate Corporation 401(k) Plan covers 7,231 participants in Illinois, 9.3x the typical Illinois plan (state average ~779 per filing). Assets: $355M.

$355M
total plan assets (2023 EOY): 7,231
covered participants: 97th
percentile by assets (of 127,072 plans): $49,039
avg assets per participant

Flex-N-Gate Corporation 401(k) Plan reported net income rose from -$50M in the plan year 2022 filing to $52M in the plan year 2023 filing.
Flex-N-Gate Corporation 401(k) Plan end-of-year assets rose from $302M in the plan year 2022 filing to $355M in the plan year 2023 filing.
Flex-N-Gate Corporation 401(k) Plan reported participants fell from 7,335 in the plan year 2022 filing to 7,231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Manufacturing

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Flex-N-Gate Corporation 401(k) Plan reports 7,231 participants - 9.3x that state average ($355M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$302M
Net Assets (End of Year)	$355M
Net Income	$52M
Employer EIN	371049734
Plan Effective Date	1994-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Flex-N-Gate LLC)

Total plan assets by year, all Flex-N-Gate LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	7,335	$302M
2023	1	7,231	$355M
2024	1	7,921	$405M

Nearby 401(k) Plans in Illinois

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

Flex-N-Gate Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Flex-N-Gate Corporation 401(k) Plan side-by-side with 3 peers →

Scale composition for Flex-N-Gate Corporation 401(k) Plan

Flex-N-Gate Corporation 401(k) Plan reports $355M in end-of-year assets across 7,231 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $49,039 per participant (35% of the national average assets-per-participant) . Net income for plan year 2023 was $52M.

This plan identity (EIN 371049734, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $302M to $405M (+34.0%) while covered participants moved from 7,335 to 7,921 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	7,335	$302M	Open filing
2023	7,231	$355M	This page
2024 · index core	7,921	$405M	Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Flex-N-Gate Corporation 401(k) Plan (401(k), $405M, 7,921 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Flex-N-Gate Corporation 401(k) Plan by total assets, not by location.

Baker Botts L.L.P. 401(k) and Savings Plan - Plan B (TX) $355M · 476
Ariel Corporation Employee Retirement Plan (OH) $355M · 1,473
Long Island Electric Utility Servco LLC Incentive Thrift Plan II (NY) $355M · 1,426
Primoris Services Corporation 401(k) Retirement Savings Plan (TX) $355M · 11,074

Frequently Asked Questions

How did Flex-N-Gate Corporation 401(k) Plan assets move in 2023? ▼

Flex-N-Gate Corporation 401(k) Plan grew sharply - up 17.3% during 2023, from $302M to $355M. Reported net income was $52M.

How have Flex-N-Gate LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Flex-N-Gate LLC's sponsor-wide assets grew 34.0%, from $302M to $405M.

Where does Flex-N-Gate Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼

Flex-N-Gate Corporation 401(k) Plan 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 Flex-N-Gate Corporation 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Baker Botts L.L.P. 401(k) and Savings Plan - Plan B in TX ($355M, 476 participants).

Next read for Flex-N-Gate Corporation 401(k) Plan

Filing takeaways

Ways to act on Flex-N-Gate Corporation 401(k) Plan's numbers.

By total assets, Flex-N-Gate Corporation 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
Flex-N-Gate LLC's sponsor-wide assets have grown 34.0% 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 371049734.