401(k) · DOL Form 5500 · 2024

The Gores Group, LLC 401(k) Plan

Data updated 2026-08-11

$361M
Total assets
3,333
Participants
96th
Percentile by assets
$108,393
Avg per participant
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Official DOL plan name: The Gores Group, LLC - 401(k) Plan · Sponsored by The Gores Group, LLC · California · Management of Enterprises

$361M in assets, 3,333 participants

The Gores Group, LLC's The Gores Group, LLC - 401(k) Plan reported $361M in total assets and 3,333 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #1,005 in Management of Enterprises (1,133 peers)

Coverage in California

The Gores Group, LLC - 401(k) Plan covers 3,333 participants in California, 5.3x the typical California plan (state average ~630 per filing). Assets: $361M.

$361M
total plan assets (2024 EOY)
3,333
covered participants
96th
percentile by assets (of 123,622 plans)
$108,393
avg assets per participant

The plan reported a net loss of $789K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Gores Group, LLC - 401(k) Plan reported net income fell from $19M in the plan year 2023 filing to -$789K in the plan year 2024 filing.
  • The Gores Group, LLC - 401(k) Plan reported participants fell from 5,909 in the plan year 2023 filing to 3,333 in the plan year 2024 filing.
  • The Gores Group, LLC - 401(k) Plan end-of-year assets fell from $362M in the plan year 2023 filing to $361M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. The Gores Group, LLC - 401(k) Plan reports 3,333 participants - 5.3x that state average ($361M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$362M
Net Assets (End of Year)$361M
Net Income-$789K
Employer EIN331066785
Plan Effective Date2003-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gores Group, LLC)

$340M$360M$380M$400M$420M$440M 202220232024 $424M $361M ▼ -14.8%
Total plan assets by year, all The Gores Group, LLC plans on file
Year Plans Participants Total Assets
2022 1 4,465 $424M
2023 1 5,909 $362M
2024 1 3,333 $361M

Nearby 401(k) Plans in California

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

The Gores Group, LLC - 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

The Gores Group, LLC - 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Gores Group, LLC…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
The Gores Group, LLC - 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Gores Group, LLC - 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Gores Group, LLC - 401(k) Plan assets move in 2024?
The Gores Group, LLC - 401(k) Plan held essentially flat - down 0.2% during 2024, from $362M to $361M. Reported net income was -$789K.
How have The Gores Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), The Gores Group, LLC's sponsor-wide assets declined 14.8%, from $424M to $361M.
Where does The Gores Group, LLC - 401(k) Plan rank by assets among Form 5500 filers?
The Gores Group, LLC - 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Gores Group, LLC - 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pxd 401(k) Plan for Bargaining Pxd Location Employees in TX ($361M, 2,118 participants).

Filing takeaways

Ways to act on The Gores Group, LLC - 401(k) Plan's numbers.