401(k) · DOL Form 5500 · 2024

Flex-N-Gate LLC 401(k) Plan

Data updated 2026-08-11

$405M
Total assets
7,921
Participants
97th
Percentile by assets
$51,127
Avg per participant
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Official DOL plan name: Flex-N-Gate Corporation 401(k) Plan · Sponsored by Flex-N-Gate LLC · Illinois · Manufacturing

$405M in assets, 7,921 participants

Flex-N-Gate LLC's Flex-N-Gate Corporation 401(k) Plan reported $405M in total assets and 7,921 participants in its 2024 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.

  • 97th percentile by assets (of 123,622 plans)
  • #16,841 in Manufacturing (17,777 peers)

Coverage in Illinois

Flex-N-Gate Corporation 401(k) Plan covers 7,921 participants in Illinois, 10x the typical Illinois plan (state average ~779 per filing). Assets: $405M.

$405M
total plan assets (2024 EOY)
7,921
covered participants
97th
percentile by assets (of 123,622 plans)
$51,127
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Flex-N-Gate Corporation 401(k) Plan end-of-year assets rose from $355M in the plan year 2023 filing to $405M in the plan year 2024 filing.
  • Flex-N-Gate Corporation 401(k) Plan reported participants rose from 7,231 in the plan year 2023 filing to 7,921 in the plan year 2024 filing.
  • Flex-N-Gate Corporation 401(k) Plan reported net income fell from $52M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Flex-N-Gate Corporation 401(k) Plan reports 7,921 participants - 10x that state average ($405M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$355M
Net Assets (End of Year)$405M
Net Income$50M
Employer EIN371049734
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flex-N-Gate LLC)

$250M$300M$350M$400M$450M 202220232024 $302M $405M ▲ +34.0%
Total plan assets by year, all Flex-N-Gate LLC plans on file
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

Flex-N-Gate Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -50510152025 Total assets ($B) Participants Flex-N-Gate Corporat…Accenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …Walgreens Retirement…
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 $405M in end-of-year assets across 7,921 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 $51,127 per participant (37% of the national average assets-per-participant) . Net income for plan year 2024 was $50M.

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 Open filing
2024 · index core 7,921 $405M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Flex-N-Gate Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Flex-N-Gate Corporation 401(k) Plan assets move in 2024?
Flex-N-Gate Corporation 401(k) Plan grew at a solid clip - up 14.2% during 2024, from $355M to $405M. Reported net income was $50M.
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 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 Flex-N-Gate Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Alyeska Pipeline Service Company Savings and Investment Plan for Operating Company Employees in AK ($405M, 730 participants).

Next read for Flex-N-Gate Corporation 401(k) Plan

Filing takeaways

Ways to act on Flex-N-Gate Corporation 401(k) Plan's numbers.