The Gates Group Retirement Plan — Form 5500 plan (Gates Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Gates Group Retirement Plan is a benefit plan reported by Gates Corporation under EIN 84-0857401 and plan number 333. The latest loaded filing year is 2023. The filing reports 1,736 participants and $135,350,035 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$135.3MPlan net assets, end of year$135,281,986
Participants1.7KCovered participants reported1,736
Assets / participant$78KComputed: assets ÷ participants$77,967 (computed)
Provider compensation$834.5K5 Schedule C provider row(s)$834,458
Plan sponsor
Gates Corporation
EIN
84-0857401
Plan number
333
Plan type
2
Location
Denver, CO
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,736H, C20241014100252NAL0045555120001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$135.4M total assets
Net assets$135.3MLiabilities$68K
Money in vs. money out
Total income / additions$7.7M
Total expenses$20.7M
Benefits paid / distributions$18.6M
Full reported line items

Net assets

Total assets (EOY)
$135,350,035
Total liabilities (EOY)
$68,049
Net assets (EOY)
$135,281,986
Net assets (BOY)
$148,297,540

Income & contributions

Total contributions
$0
Total income / additions
$7,659,160

Expenses & distributions

Benefits paid
$18,555,338
Administrative expenses
$2,119,376
Total expenses
$20,674,714
Net increase / (decrease)
-$13,015,554
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income242%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers Watson Us LLCNONE$424,606not reported in the loaded dataset2023
Towers Watson Investment Service InNONE$230,995not reported in the loaded dataset2023
Bny MellonNONE$101,661not reported in the loaded dataset2023
Bdo Usa, P.C.NONE$62,500not reported in the loaded dataset2023
Blackrock Institutional TrustNONE$14,696not reported in the loaded dataset2023

Related Form 5500 pages