401(k) · DOL Form 5500 · 2024

Gate Petroleum Company 401(k) Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
3,185
Participants Above avg headcount
89th
Percentile by assets National rank
$24,497
Avg per participant Low balance/head
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Official DOL plan name: Gate Petroleum Company 401(k) Plan and Trust · Sponsored by Gate Petroleum Company · Florida · Retail Trade

$78M in assets, 3,185 participants

Gate Petroleum Company's Gate Petroleum Company 401(k) Plan and Trust reported $78M in total assets and 3,185 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,531 in Retail Trade (8,048 peers)

Coverage in Florida

Gate Petroleum Company 401(k) Plan and Trust covers 3,185 participants in Florida, 5.1x the typical Florida plan (state average ~628 per filing). Assets: $78M.

#7,531
in Retail Trade (8,048 peers)
-22.9%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gate Petroleum Company 401(k) Plan and Trust's outsized position by total assets

Gate Petroleum Company 401(k) Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$78,022,679 Top 11% higher than 89% of 123,620 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 2024

Gate Petroleum Company 401(k) Plan and Trust's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gate Petroleum Company 401(k) Plan and Trust lands in the large band (3,185 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gate Petroleum Company 401(k) Plan and Trust reported net income fell from $14M in the plan year 2023 filing to -$23M in the plan year 2024 filing.
  • Gate Petroleum Company 401(k) Plan and Trust reported participants fell from 4,686 in the plan year 2023 filing to 3,185 in the plan year 2024 filing.
  • Gate Petroleum Company 401(k) Plan and Trust end-of-year assets fell from $101M in the plan year 2023 filing to $78M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 590904473 · Gate Petroleum Company PY 2024 · 401(k)

Gate Petroleum Company 401(k) Plan and Trust · $78M · 3,185 · 89th

  • RANK $78M
  • RANK 3,185
  • RANK 89th
  • RANK 401(k)
  • RANK near Nim 401(k) Plan
  • RANK ind #7531

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 Retail Trade retirement plans → · Plans in Florida →

Gate Petroleum Company 401(k) Plan and Trust in the asset neighbourhood

Family Residences Retirement & 401(k) Savings PlanFamily Residences Retirement…$78MMizuho Osi 401(k) Savings PlanMizuho Osi 401(k) Savings Pl…$78MGate Petroleum Company 401(k) Plan and TrustGate Petroleum Company 401(k…$78MNim 401(k) Plan$78MSandhills 401(k) Plan$78M
End-of-year total assets ($M) among Gate Petroleum Company 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$78M
Net Income-$23M
Employer EIN590904473
Plan Effective Date1972-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gate Petroleum Company)

Sponsor-wide plan assets over time

All Gate Petroleum Company plans reported in each filing year

Latest sponsor-wide plan assets
$78M 10.533543024560966% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $87.2M $78M ▼ -10.5%
Year Plans Participants Total Assets
2022 1 3,041 $87M
2023 1 4,686 $101M
2024 1 3,185 $78M

Nearby 401(k) Plans in Florida

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

Gate Petroleum Company 401(k) Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Gate Petroleum Company 401(k) Plan and Trust, Total assets ($B): 0.078022679 · Participants: 3185Gate Petroleum Company 401(k) Plan and TrustL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Gate Petroleum Company 401(k) Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants

Gate Petroleum Company 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Nim 401(k) Plan in NE ($78M); by covered participants it is Medpace Inc 401(k) Profit Sharing Plan and Trust in OH (3,185 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($78M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,185 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gate Petroleum Company 401(k) Plan and Trust assets move in 2024?
Gate Petroleum Company 401(k) Plan and Trust declined sharply - down 22.9% during 2024, from $101M to $78M. Reported net income was -$23M.
How have Gate Petroleum Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Gate Petroleum Company's sponsor-wide assets declined 10.5%, from $87M to $78M.
Where does Gate Petroleum Company 401(k) Plan and Trust rank by assets among Form 5500 filers?
Gate Petroleum Company 401(k) Plan and Trust ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gate Petroleum Company 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Nim 401(k) Plan in NE ($78M, 879 participants).
Which 401(k) plans cover a similar participant headcount to Gate Petroleum Company 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Medpace Inc 401(k) Profit Sharing Plan and Trust in OH (3,185 participants, $253M in assets).