Defined Benefit (Pension) · DOL Form 5500 · 2024

Gorton's Inc. Pension Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
82
Participants Small participant base
85th
Percentile by assets National rank
$663,182
Avg per participant High balance/head
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Official DOL plan name: Gorton's Retirement Plan · Sponsored by Gorton's Inc. · Massachusetts · Manufacturing

$54M in assets, 82 participants

Gorton's Inc.'s Gorton's Retirement Plan reported $54M in total assets and 82 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #13,990 in Manufacturing (17,777 peers)

Where Gorton's Retirement Plan sits by assets

Gorton's Retirement Plan sits in the top quartile of all filed plans by assets, $54M for 82 participants (~$663,182/participant), down 7.2% in 2024.

#13,990
in Manufacturing (17,777 peers)
-7.2%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gorton's Retirement Plan's outsized position by total assets

Gorton's Retirement Plan vs every filed plan by assets

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

$54,380,895 Top 15% higher than 85% 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

Gorton's Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gorton's Retirement Plan is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gorton's Retirement Plan reported net income fell from -$739K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Gorton's Retirement Plan reported participants rose from 76 in the plan year 2023 filing to 82 in the plan year 2024 filing.
  • Gorton's Retirement Plan end-of-year assets fell from $59M in the plan year 2023 filing to $54M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 043575531 · Gorton's Inc. PY 2024 · Defined Benefit (Pension)

Gorton's Retirement Plan · $54M · 82 · 85th

  • NET $54M
  • NET 82
  • NET 85th
  • NET Defined Benefit (Pension)
  • NET near South County Hospital Retirement Plan
  • NET ind #13990

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 →

Gorton's Retirement Plan in the asset neighbourhood

Vituity Retirement Plan for Cep PhysiciansVituity Retirement Plan for …$54MSouth County Hospital Retirement PlanSouth County Hospital Retire…$54MGorton's Retirement Plan$54MTeamsters Local 211 Pension FundTeamsters Local 211 Pension …$54MJockey International, Inc. Pension PlanJockey International, Inc. P…$54M
End-of-year total assets ($M) among Gorton's Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$54M
Net Income-$4M
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 Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Gorton's Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Gorton's Retirement Plan, Total assets ($B): 0.054380895 · Participants: 82Gorton's Retirement PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Gorton's Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Gorton's Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is South County Hospital Retirement Plan in RI ($54M); by covered participants it is The Connecticut Water Company Employees' Retirement Plan in CT (82 participants). Same-state nearby plans are listed separately above.

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 Gorton's Retirement Plan assets move in 2024?
Gorton's Retirement Plan pulled back noticeably - down 7.2% during 2024, from $59M to $54M. Reported net income was -$4M.
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 Gorton's Retirement Plan rank by assets among Form 5500 filers?
Gorton's Retirement Plan ranks in the 85th 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 Defined Benefit (Pension) plans are similar in size to Gorton's Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is South County Hospital Retirement Plan in RI ($54M, 118 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Gorton's Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Connecticut Water Company Employees' Retirement Plan in CT (82 participants, $92M in assets).