401(k) · DOL Form 5500 · 2022

Griffit, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
26th
Percentile by assets National rank
$133,599
Avg per participant Near avg balance/head
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Official DOL plan name: Griffit, Inc. 401(k) Profit Sharing Plan · Sponsored by Griffit, Inc. · Alabama · Arts, Entertainment & Recreation

$1M in assets, 8 participants

Griffit, Inc.'s Griffit, Inc. 401(k) Profit Sharing Plan reported $1M in total assets and 8 participants in its 2022 DOL Form 5500 filing, ranking in the 26th 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.

  • #1,470 in Arts, Entertainment & Recreation (3,077 peers)

Arts, Entertainment & Recreation sector rank

Within Arts, Entertainment & Recreation, Griffit, Inc. 401(k) Profit Sharing Plan ranks #1,470 of 3,077 2022 filers by assets (2598% of the sector average)-$1M for 8 participants.

#1,470
in Arts, Entertainment & Recreation (3,077 peers)
+1170.6%
assets growth YoY

Griffit, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Griffit, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,068,789 26th percentile higher than 26% of 139,123 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 2022

Griffit, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Griffit, Inc. 401(k) Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 474074733 · Griffit, Inc. PY 2022 · 401(k)

Griffit, Inc. 401(k) Profit Sharing Plan · $1M · 8 · 26th

  • BOY $1M
  • BOY 8
  • BOY 26th
  • BOY 401(k)
  • BOY near Cannon Beach Consultants Inc. 401(k) Plan
  • BOY ind #1470

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 Arts, Entertainment & Recreation retirement plans → · Plans in Alabama →

Griffit, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Griffit, Inc. 401(k) Profit Sharing PlanGriffit, Inc. 401(k) Profit …$1MCannon Beach Consultants Inc. 401(k) PlanCannon Beach Consultants Inc…$1MWolffelk Corporation 401(k) PlanWolffelk Corporation 401(k) …$1MMendocino Farms Sandwich Market 401(k) PlanMendocino Farms Sandwich Mar…$1MNetwork of Community Options 401(k) PlanNetwork of Community Options…$1M
End-of-year total assets ($M) among Griffit, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Arts, Entertainment & Recreation filing particulars

Total Assets (Beginning of Year)$84K
Net Assets (End of Year)$1M
Net Income$985K
Employer EIN474074733
Plan Effective Date2015-05-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Griffit, Inc.)

Sponsor-wide plan assets over time

All Griffit, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 1.1357714198031605% vs 2022
2024 filing year
$0.9M$0.95M$1M$1.05M$1.1M 202220232024 $1.07M $1.06M ▼ -0.9%
Year Plans Participants Total Assets
2022 1 8 $1M
2023 1 11 $958K
2024 1 11 $1M

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Griffit, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Griffit, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.001068789 · Participants: 8Griffit, Inc. 401(k) Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Griffit, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Griffit, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Cannon Beach Consultants Inc. 401(k) Plan in CA ($1M); by covered participants it is Stel Pro Inc 401(k) Plan in TX (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Griffit, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Griffit, Inc. 401(k) Profit Sharing Plan surged - up 1170.6% during 2022, from $84K to $1M. Reported net income was $985K.
How have Griffit, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Griffit, Inc.'s sponsor-wide assets declined 1.1%, from $1M to $1M.
Which 401(k) plans are similar in size to Griffit, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Cannon Beach Consultants Inc. 401(k) Plan in CA ($1M, 4 participants).
Which 401(k) plans cover a similar participant headcount to Griffit, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Stel Pro Inc 401(k) Plan in TX (8 participants, $63K in assets).