Plan Snapshot
- Plan Sponsor: Gates Corporation
- Sponsor EIN: 840857401
- Sponsor Address: 1144 FIFTEENTH STREET, DENVER, CO, 80202
- Plan Type: 401(k)
- Total Participants: 3,341
- Total Assets: $696.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,341 | $696.5M | $14.9M | $21.0M |
| 2023 | 3,740 | $663.1M | $14.8M | $20.9M |
| 2022 | 3,792 | $601.1M | $14.9M | $21.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $254,635 | — | $254,635 |
| GOLDMAN SACHS | Investment Advisor | $250,107 | — | $250,107 |
| ROBERT W BAIRD CO INCORPORAT | Other Service Provider | $71,250 | — | $71,250 |
| BDO USA LLP | Auditor | $43,433 | — | $43,433 |
| BNY MELLON | Other Service Provider | $36,381 | — | $36,381 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- GOLDMAN SACHS — Investment Advisor
- BDO USA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $655,806
- Estimated Expense Ratio: 0.094% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $607,044 | $308,976 | — | $43,433 | — |
| 2023 | $831,858 | $398,128 | $391,730 | $42,000 | — |
| 2022 | $762,260 | $337,579 | $384,831 | — | $39,850 |