Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
GATES CORPORATION
EIN 84-0857401industrial automationLatest filing 2024
Plans
4
Retirement
2
$821.2M assets
Welfare
2
$3.9M premiums
Participants
16,199
1144 15TH STREET, SUITE 1400 - DENVER, CO 80202303-744-5599gates.comLinkedIn10001+ employeesindustrial automation
Retirement portfolio analytics
2 plans aggregated / $821.2M assets / 7,946 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
85%top
- CHARLES SCHWAB & CO., INC.85%
- (Not disclosed)15%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $3.9M premiums / 5,457 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$3.6M
- Life$2.9M
- Long-term disability$2.9M
- Dental$540K
- Vision$341K
Carrier market share
Premium dollars by Schedule A carrier
74%top
- HARTFORD LIFE AND ACCIDENT74%
- METROPOLITAN LIFE INSURANCE COMPANY16%
- VISION SERVICE PLAN9%
- MAGELLAN HEALTHCARE2%
Broker market share
Schedule A broker compensation
74%top
- GALLAGHER BENEFIT SERVICES, INC.74%
- HEALTH TRUST PURCHASING GROUP LP26%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#334
THE GATES MATCHMAKER PLAN
401k
Assets$696.5M
Participants6,377
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#333
THE GATES GROUP RETIREMENT PLAN
CashBalance
Assets$124.8M
Participants1,569
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#599
THE GATES CORPORATION EMPLOYEE WELFARE BENEFITS PLAN
Mixed - HARTFORD LIFE AND ACCIDENT
Premiums$3.9M
Covered lives5,457
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#595
GATES SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 334 | THE GATES MATCHMAKER PLAN | 401k | $696.5M | 6,377 | 2024 | |
| 333 | THE GATES GROUP RETIREMENT PLAN | CashBalance | $124.8M | 1,569 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 599 | THE GATES CORPORATION EMPLOYEE WELFARE BENEFITS PLAN | Mixed | HARTFORD LIFE AND ACCIDENT | $3.9M | 5,457 | 2024 | |
| 595 | GATES SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans