401(k) · DOL Form 5500 · 2022

Granite Telecommunications, LLC 401(k) Plan

Data updated 2026-08-11

$130M
Total assets
2,074
Participants
94th
Percentile by assets
$62,532
Avg per participant
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Official DOL plan name: Granite Telecommunications 401(k) Plan · Sponsored by Granite Telecommunications, LLC · Massachusetts · Information & Media

$130M in assets, 2,074 participants

Granite Telecommunications, LLC's Granite Telecommunications 401(k) Plan reported $130M in total assets and 2,074 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #2,639 in Information & Media (2,911 peers)

Coverage in Massachusetts

Granite Telecommunications 401(k) Plan covers 2,074 participants in Massachusetts, 3.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $130M.

$130M
total plan assets (2022 EOY)
2,074
covered participants
94th
percentile by assets (of 139,126 plans)
$62,532
avg assets per participant

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Granite Telecommunications 401(k) Plan sits by total assets

Granite Telecommunications 401(k) Plan vs every filed plan by assets

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

$129,692,015 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Granite Telecommunications 401(k) Plan reports 2,074 participants - 3.1x that state average ($130M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$130M
Net Income-$18M
Employer EIN043643290
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Telecommunications, LLC)

$100M$150M$200M$250M 202220232024 $130M $198M ▲ +53.0%
Total plan assets by year, all Granite Telecommunications, LLC plans on file
Year Plans Participants Total Assets
2022 1 2,074 $130M
2023 1 2,190 $167M
2024 1 2,269 $198M

Nearby 401(k) Plans in Massachusetts

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

Granite Telecommunications 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Granite Telecommunic…, Total assets ($B): 0.129692015 · Participants: 2074Granite Telecommunic…Fidelity Retirement …, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Instit…Philips North Americ…, Total assets ($B): 5.180251859 · Participants: 19750Philips North Americ…Boston Scientific Co…, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Co…
Granite Telecommunications 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Granite Telecommunications 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Granite Telecommunications 401(k) Plan assets move in 2022?
Granite Telecommunications 401(k) Plan pulled back noticeably - down 12.3% during 2022, from $148M to $130M. Reported net income was -$18M.
How have Granite Telecommunications, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Granite Telecommunications, LLC's sponsor-wide assets grew 53.0%, from $130M to $198M.
Where does Granite Telecommunications 401(k) Plan rank by assets among Form 5500 filers?
Granite Telecommunications 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Granite Telecommunications 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Scan Group 401(k) Plan in CA ($130M, 21 participants).

Next read for Granite Telecommunications 401(k) Plan

Filing takeaways

Ways to act on Granite Telecommunications 401(k) Plan's numbers.