401(k) · DOL Form 5500 · 2022

Granite Construction Incorporated 401(k) Plan

Data updated 2026-08-11

$631M
Total assets
3,408
Participants
98th
Percentile by assets
$185,180
Avg per participant
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Official DOL plan name: Granite Construction Profit Sharing and 401(k) Plan · Sponsored by Granite Construction Incorporated · California · Construction

$631M in assets, 3,408 participants

Granite Construction Incorporated's Granite Construction Profit Sharing and 401(k) Plan reported $631M in total assets and 3,408 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #9,761 in Construction (9,927 peers)

Coverage in California

Granite Construction Profit Sharing and 401(k) Plan covers 3,408 participants in California, 5.4x the typical California plan (state average ~630 per filing). Assets: $631M.

$631M
total plan assets (2022 EOY)
3,408
covered participants
98th
percentile by assets (of 139,126 plans)
$185,180
avg assets per participant

The plan reported a net loss of $113M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Granite Construction Profit Sharing and 401(k) Plan reports 3,408 participants - 5.4x that state average ($631M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$773M
Net Assets (End of Year)$410M
Net Income-$113M
Employer EIN770239383
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Construction Incorporated)

$600M$700M$800M$900M 202220232024 $631M $819M ▲ +29.8%
Total plan assets by year, all Granite Construction Incorporated plans on file
Year Plans Participants Total Assets
2022 1 3,408 $631M
2023 1 3,150 $737M
2024 1 3,307 $819M

Nearby 401(k) Plans in California

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

Granite Construction Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Granite Construction Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Granite Construction…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Granite Construction Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Granite Construction Profit Sharing and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Granite Construction Profit Sharing and 401(k) Plan assets move in 2022?
Granite Construction Profit Sharing and 401(k) Plan declined sharply - down 18.3% during 2022, from $773M to $631M. Reported net income was -$113M.
How have Granite Construction Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Granite Construction Incorporated's sponsor-wide assets grew 29.8%, from $631M to $819M.
Where does Granite Construction Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
Granite Construction Profit Sharing and 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Granite Construction Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kph Healthcare Services, Inc. Employee Stock Ownership and 401(k) Plan in NY ($631M, 3,884 participants).

Next read for Granite Construction Profit Sharing and …

Filing takeaways

Ways to act on Granite Construction Profit Sharing and 401(k) Plan's numbers.

  • By total assets, Granite Construction Profit Sharing and 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Granite Construction Incorporated's sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Construction plans