401(k) · DOL Form 5500 · 2024

Pine Gate Renewables, LLC 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
1,144
Participants Near avg headcount
84th
Percentile by assets National rank
$41,994
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pine Gate Blue Ridge 401(k) Plan · Sponsored by Pine Gate Renewables, LLC · North Carolina · Utilities

$48M in assets, 1,144 participants

Pine Gate Renewables, LLC's Pine Gate Blue Ridge 401(k) Plan reported $48M in total assets and 1,144 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #368 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Pine Gate Blue Ridge 401(k) Plan ranks #368 of 732 2024 filers by assets (1118% of the sector average)-$48M for 1,144 participants.

#368
in Utilities (732 peers)
+23.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Pine Gate Blue Ridge 401(k) Plan's outsized position by total assets

Pine Gate Blue Ridge 401(k) Plan vs every filed plan by assets

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

$48,041,443 Top 16% higher than 84% 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

Pine Gate Blue Ridge 401(k) Plan'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. Pine Gate Blue Ridge 401(k) Plan lands in the large band (1,144 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pine Gate Blue Ridge 401(k) Plan reported net income fell from $16M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Pine Gate Blue Ridge 401(k) Plan end-of-year assets rose from $39M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Pine Gate Blue Ridge 401(k) Plan reported participants fell from 1,189 in the plan year 2023 filing to 1,144 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 352564063 · Pine Gate Renewables, LLC PY 2024 · 401(k)

Pine Gate Blue Ridge 401(k) Plan · $48M · 1,144 · 84th

  • 5500 $48M
  • ASSETS 1,144
  • PCT 84th
  • EIN 401(k)
  • RANK near Klick USA Inc. 401(k) Plan
  • PHOTO ind #368

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 Utilities retirement plans → · Plans in North Carolina →

Pine Gate Blue Ridge 401(k) Plan in the asset neighbourhood

Pine Gate Blue Ridge 401(k) PlanPine Gate Blue Ridge 401(k) …$48MKlick USA Inc. 401(k) Plan$48MAffiliated Pathologists Medical Group 401(k) PlanAffiliated Pathologists Medi…$48MAi2 401(k) Plan$48MRestorixhealth 401(k) Plan$48M
End-of-year total assets ($M) among Pine Gate Blue Ridge 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$48M
Net Income$9M
Employer EIN352564063
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pine Gate Renewables, LLC)

Sponsor-wide plan assets over time

All Pine Gate Renewables, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$48M 106.8913997905912% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $23.2M $48M ▲ +106.9%
Year Plans Participants Total Assets
2022 1 717 $23M
2023 1 1,189 $39M
2024 1 1,144 $48M

Nearby 401(k) Plans in North Carolina

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

Pine Gate Blue Ridge 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Pine Gate Blue Ridge 401(k) Plan, Total assets ($B): 0.048041443 · Participants: 1144Pine Gate Blue Ridge 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Pine Gate Blue Ridge 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Pine Gate Blue Ridge 401(k) Plan side-by-side with 3 peers →

Pine Gate Blue Ridge 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Klick USA Inc. 401(k) Plan in NY ($48M); by covered participants it is Gettel Automotive, Inc. 401(k) Plan in FL (1,144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,144 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 Pine Gate Blue Ridge 401(k) Plan assets move in 2024? ▼
Pine Gate Blue Ridge 401(k) Plan grew sharply - up 23.0% during 2024, from $39M to $48M. Reported net income was $9M.
How have Pine Gate Renewables, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pine Gate Renewables, LLC's sponsor-wide assets grew 106.9%, from $23M to $48M.
Where does Pine Gate Blue Ridge 401(k) Plan rank by assets among Form 5500 filers? ▼
Pine Gate Blue Ridge 401(k) Plan ranks in the 84th 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 Pine Gate Blue Ridge 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Klick USA Inc. 401(k) Plan in NY ($48M, 452 participants).
Which 401(k) plans cover a similar participant headcount to Pine Gate Blue Ridge 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gettel Automotive, Inc. 401(k) Plan in FL (1,144 participants, $42M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 352564063.

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.