401(k) · DOL Form 5500 · 2022

Granite Equity Partners 401(k) Plan

Data updated 2026-08-25

$192M
Total assets Near avg plan size
2,262
Participants Above avg headcount
95th
Percentile by assets National rank
$84,917
Avg per participant Below avg balance/head
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Official DOL plan name: Granite Retirement Savings Plan · Sponsored by Granite Equity Partners · Minnesota · Management of Enterprises

$192M in assets, 2,262 participants

Granite Equity Partners's Granite Retirement Savings Plan reported $192M in total assets and 2,262 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #1,005 in Management of Enterprises (1,193 peers)

Coverage in Minnesota

Granite Retirement Savings Plan covers 2,262 participants in Minnesota, 2.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $192M.

#1,005
in Management of Enterprises (1,193 peers)
-2.3%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Granite Retirement Savings Plan's outsized position by total assets

Granite Retirement Savings Plan vs every filed plan by assets

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

$192,083,164 Top 5% higher than 95% 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

Granite Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Granite Retirement Savings Plan lands in the large band (2,262 participants).

EBSA filing schedule strip

Filing strip 061643578 · Granite Equity Partners PY 2022 · 401(k)

Granite Retirement Savings Plan · $192M · 2,262 · 95th

  • PHOTO $192M
  • PHOTO 2,262
  • PHOTO 95th
  • PHOTO 401(k)
  • PHOTO near Consol Energy Inc. Investment Plan
  • PHOTO ind #1005

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 Management of Enterprises retirement plans → · Plans in Minnesota →

Granite Retirement Savings Plan in the asset neighbourhood

Consol Energy Inc. Investment PlanConsol Energy Inc. Investmen…$192MKelly Retirement Plus$192MGranite Retirement Savings PlanGranite Retirement Savings P…$192MFleetcor Technologies, Inc. 401(k) Savings PlanFleetcor Technologies, Inc. …$192MWatts Water Technologies, Inc. 401(k) Savings PlanWatts Water Technologies, In…$192M
End-of-year total assets ($M) among Granite Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$197M
Net Assets (End of Year)$192M
Net Income-$19M
Employer EIN061643578
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Equity Partners)

Sponsor-wide plan assets over time

All Granite Equity Partners plans reported in each filing year

Latest sponsor-wide plan assets
$283M 47.55736218505855% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $192M $283M ▲ +47.6%
Year Plans Participants Total Assets
2022 1 2,262 $192M
2023 1 2,627 $239M
2024 1 2,661 $283M

Nearby 401(k) Plans in Minnesota

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

Granite Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Granite Retirement Savings Plan, Total assets ($B): 0.192083164 · Participants: 2262Granite Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Granite Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Granite Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Consol Energy Inc. Investment Plan in PA ($192M); by covered participants it is Kinross Gold Retirement Plan in CO (2,262 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($192M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,262 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 Granite Retirement Savings Plan assets move in 2022? ▼
Granite Retirement Savings Plan edged down modestly - down 2.3% during 2022, from $197M to $192M. Reported net income was -$19M.
How have Granite Equity Partners plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Granite Equity Partners's sponsor-wide assets grew 47.6%, from $192M to $283M.
Where does Granite Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Granite Retirement Savings Plan ranks in the 95th 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 Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Consol Energy Inc. Investment Plan in PA ($192M, 1,574 participants).
Which 401(k) plans cover a similar participant headcount to Granite Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kinross Gold Retirement Plan in CO (2,262 participants, $333M in assets).