SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S

Plan Overview & Key Metrics

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is a defined contribution retirement plan offered by GORTON’S INC.. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Total Retirement Plan Assets

At the end of 2024, the total retirement plan assets of SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is $11,326,020.00.This plan was established in 1995.

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Total Number of Retirement Plan Participants

At the end of 2024, the total number of retirement plan participants in SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is 296

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Average Participant Retirement Account Value

In 2024, the average participant retirement account value for SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is $38,263.00

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is $2,358.00.

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Total Retirement Plan Asset Growth Rate

In 2024, the total retirement plan asset growth rate of SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is 5.57%.

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Estimated Aggregate Retirement Account Investment Gain/Loss

In 2024, the estimated aggregate retirement account investment gain/loss for SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is 9.13%. This measures the effectiveness of the plan participants’ investments in the year.

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S Expense Ratio

In 2024, the investment and administrative expense ratio of SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S is 0.26%.

* Data are from public filings.

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

Please log in to view contact information.

Enrollment & Brokerage Features

The following features describe how SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S:

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

Get Key Insights for This Plan

Join our community and get data-driven insights about SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON’S. See how it compares to peer companies in fees, match generosity, and investment quality as soon as our new ranking reports go live.

Notify Me When Ratings Go Live

Explore More Plan Resources

Plan Login Directory Employer Match Guide Rollover Options Hub

Plan Rating

Not rated
See details

Recent Articles

More Articles

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Get Started

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more …

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


Looking for a (forgotten) 401(k)?

Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …

Keep researching SAVINGS PLAN FOR UNION EMPLOYEES OF GORTON'S

Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.

Related Calculators

Related Plans