401(k) · DOL Form 5500 · 2023

Flex-N-Gate LLC 401(k) Plan

Data updated 2026-08-25

$355M
Total assets Above avg plan size
7,231
Participants Very large workforce
97th
Percentile by assets National rank
$49,039
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#17,706
in Manufacturing (18,722 peers)
+17.3%
assets growth YoY
3.6×
vs typical plan assets (national mean)

Flex-N-Gate Corporation 401(k) Plan's outsized position by total assets

Flex-N-Gate Corporation 401(k) Plan vs every filed plan by assets

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

$354,604,379 Top 3% higher than 97% 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

Flex-N-Gate Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Flex-N-Gate Corporation 401(k) Plan lands in the large band (7,231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Published 5500 schedule card

Filing strip 371049734 · Flex-N-Gate LLC PY 2023 · 401(k)

Flex-N-Gate Corporation 401(k) Plan · $355M · 7,231 · 97th

  • BOOK $355M
  • VS-ST 7,231
  • BOY 97th
  • SCH 401(k)
  • EBSA near Baker Botts L.L.P. 401(k) and Savings Plan - Plan B
  • PART ind #17706

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 Illinois →

Flex-N-Gate Corporation 401(k) Plan in the asset neighbourhood

Primoris Services Corporation 401(k) Retirement Savings PlanPrimoris Services Corporatio…$355MFlex-N-Gate Corporation 401(k) PlanFlex-N-Gate Corporation 401(…$355MBaker Botts L.L.P. 401(k) and Savings Plan - Plan BBaker Botts L.L.P. 401(k) an…$355MAriel Corporation Employee Retirement PlanAriel Corporation Employee R…$355MLong Island Electric Utility Servco LLC Incentive Thrift Plan IILong Island Electric Utility…$355M
End-of-year total assets ($M) among Flex-N-Gate Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$302M
Net Assets (End of Year)$355M
Net Income$52M
Employer EIN371049734
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flex-N-Gate LLC)

Sponsor-wide plan assets over time

All Flex-N-Gate LLC plans reported in each filing year

Latest sponsor-wide plan assets
$405M 33.960681958769186% vs 2022
2024 filing year
$250M$300M$350M$400M$450M 202220232024 $302M $405M ▲ +34.0%
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 Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Flex-N-Gate Corporation 401(k) Plan, Total assets ($B): 0.354604379 · Participants: 7231Flex-N-Gate Corporation 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Flex-N-Gate Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Baker Botts L.L.P. 401(k) and Savings Plan - Plan B in TX ($355M); by covered participants it is The Helmerich & Payne, Inc. 401(k)/Thrift Plan in OK (7,230 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,231 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 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).
Which 401(k) plans cover a similar participant headcount to Flex-N-Gate Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Helmerich & Payne, Inc. 401(k)/Thrift Plan in OK (7,230 participants, $746M in assets).