Defined Benefit (Pension) · DOL Form 5500 · 2024

Gates Corporation Pension Plan

Data updated 2026-08-25

$125M
Total assets Near avg plan size
168
Participants Small participant base
92nd
Percentile by assets National rank
$742,573
Avg per participant High balance/head
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Official DOL plan name: The Gates Group Retirement Plan · Sponsored by Gates Corporation · Colorado · Manufacturing

$125M in assets, 168 participants

Gates Corporation's The Gates Group Retirement Plan reported $125M in total assets and 168 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #15,624 in Manufacturing (17,777 peers)

Coverage in Colorado

The Gates Group Retirement Plan covers 168 participants in Colorado, about 45% of the average Colorado filer (state average ~376 per filing). Assets: $125M.

#15,624
in Manufacturing (17,777 peers)
-7.8%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Gates Group Retirement Plan's outsized position by total assets

The Gates Group Retirement Plan vs every filed plan by assets

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

$124,752,261 Top 8% higher than 92% 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

The Gates Group Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gates Group Retirement Plan sits mid-pack in the medium band (168 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Gates Group Retirement Plan reported net income rose from -$13M in the plan year 2023 filing to -$11M in the plan year 2024 filing.
  • The Gates Group Retirement Plan reported participants fell from 194 in the plan year 2023 filing to 168 in the plan year 2024 filing.
  • The Gates Group Retirement Plan end-of-year assets fell from $135M in the plan year 2023 filing to $125M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 840857401 · Gates Corporation PY 2024 · Defined Benefit (Pension)

The Gates Group Retirement Plan · $125M · 168 · 92nd

  • BOY $125M
  • SCH 168
  • EBSA 92nd
  • PART Defined Benefit (Pension)
  • TYPE near Dresser, LLC Consolidated Salaried Retirement Plan
  • NET ind #15624

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 Colorado →

The Gates Group Retirement Plan in the asset neighbourhood

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.Retirement Plan for Bargaini…$125MBeer Industry - Local Union No. 703 Pension FundBeer Industry - Local Union …$125MThe Gates Group Retirement PlanThe Gates Group Retirement P…$125MDresser, LLC Consolidated Salaried Retirement PlanDresser, LLC Consolidated Sa…$125MKao America Inc. Pension Plan$125M
End-of-year total assets ($M) among The Gates Group Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Colorado filing particulars

Total Assets (Beginning of Year)$135M
Net Assets (End of Year)$125M
Net Income-$11M
Employer EIN840857401
Plan Effective Date1964-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gates Corporation)

Sponsor-wide plan assets over time

All Gates Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$821M 9.582094519310447% vs 2022
2024 filing year
$700M$750M$800M$850M 202220232024 $749M $821M ▲ +9.6%
Year Plans Participants Total Assets
2022 2 4,137 $749M
2023 2 4,140 $798M
2024 2 3,968 $821M

Nearby Defined Benefit (Pension) Plans in Colorado

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

The Gates Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Colorado, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 00.511.5 Total assets ($B) Participants The Gates Group Retirement Plan, Total assets ($B): 0.124752261 · Participants: 168The Gates Group Retirement PlanRocky Mountain Ufcw Unions and Employers Retail and Meat Pension Plan, Total assets ($B): 1.290530979 · Participants: 38340Rocky Mountain Ufcw Unions and Employers Retail and Meat Pension PlanBall Pension Plan, Total assets ($B): 0.901154325 · Participants: 1243Ball Pension PlanPcs U.S. Employees' Pension Plan, Total assets ($B): 0.810486388 · Participants: 1243Pcs U.S. Employees' Pension PlanMedianews Group Pension Plan, Total assets ($B): 0.443617213 · Participants: 217Medianews Group Pension PlanNational Laboratory of the Rockies Shared Security Pension Plan, Total assets ($B): 0.43554378 · Participants: 3154National Laboratory of the Rockies Shared Security Pension Plan
The Gates Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Colorado, assets vs. participants
Compare The Gates Group Retirement Plan side-by-side with 3 peers →

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

Outside Colorado, the nearest Defined Benefit (Pension) by assets is Dresser, LLC Consolidated Salaried Retirement Plan in TX ($125M); by covered participants it is Quincy Mutual Fire Insurance Company Retirement Plan in MA (168 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (168 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 The Gates Group Retirement Plan assets move in 2024? ▼
The Gates Group Retirement Plan pulled back noticeably - down 7.8% during 2024, from $135M to $125M. Reported net income was -$11M.
How have Gates Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gates Corporation's sponsor-wide assets grew 9.6%, from $749M to $821M.
Where does The Gates Group Retirement Plan rank by assets among Form 5500 filers? ▼
The Gates Group Retirement Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Gates Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dresser, LLC Consolidated Salaried Retirement Plan in TX ($125M, 47 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Gates Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Quincy Mutual Fire Insurance Company Retirement Plan in MA (168 participants, $149M 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 840857401.

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.