401(k) · DOL Form 5500 · 2022

Groundworks Operations, LLC 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
2,127
Participants Near avg headcount
83rd
Percentile by assets National rank
$14,635
Avg per participant Low balance/head
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Official DOL plan name: Groundworks Operations, LLC 401(k) Plan · Sponsored by Groundworks Operations, LLC · Virginia · Construction

$31M in assets, 2,127 participants

Groundworks Operations, LLC's Groundworks Operations, LLC 401(k) Plan reported $31M in total assets and 2,127 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #8,156 in Construction (9,927 peers)

Coverage in Virginia

Groundworks Operations, LLC 401(k) Plan covers 2,127 participants in Virginia, 2.7x the typical Virginia plan (state average ~782 per filing). Assets: $31M.

#8,156
in Construction (9,927 peers)
+5.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Groundworks Operations, LLC 401(k) Plan's outsized position by total assets

Groundworks Operations, LLC 401(k) Plan vs every filed plan by assets

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

$31,128,739 Top 17% higher than 83% 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

Groundworks Operations, LLC 401(k) 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. Groundworks Operations, LLC 401(k) Plan lands in the large band (2,127 participants).

Published 5500 schedule card

Filing strip 812191541 · Groundworks Operations, LLC PY 2022 · 401(k)

Groundworks Operations, LLC 401(k) Plan · $31M · 2,127 · 83rd

  • PCT $31M
  • PCT 2,127
  • PCT 83rd
  • PCT 401(k)
  • PCT near Itv US Holdings, Inc. 401(k) Plan & Trust
  • PCT ind #8156

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 Construction retirement plans → · Plans in Virginia →

Groundworks Operations, LLC 401(k) Plan in the asset neighbourhood

Groundworks Operations, LLC 401(k) PlanGroundworks Operations, LLC …$31MItv US Holdings, Inc. 401(k) Plan & TrustItv US Holdings, Inc. 401(k)…$31MRiverstone Equity Partners, LP 401(k) Profit Sharing Plan & TrustRiverstone Equity Partners, …$31MGershman Investment Corp. Employees Savings TrustGershman Investment Corp. Em…$31MHolt Logistics Corp. 401(k) PlanHolt Logistics Corp. 401(k) …$31M
End-of-year total assets ($M) among Groundworks Operations, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$31M
Net Income$2M
Employer EIN812191541
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Groundworks Operations, LLC)

Sponsor-wide plan assets over time

All Groundworks Operations, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$63M 100.86116241329275% vs 2022
2024 filing year
$20M$30M$40M$50M$60M$70M 202220232024 $31.1M $62.5M ▲ +100.9%
Year Plans Participants Total Assets
2022 1 2,127 $31M
2023 1 2,457 $47M
2024 1 2,824 $63M

Nearby 401(k) Plans in Virginia

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

Groundworks Operations, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -10010203040 Total assets ($B) Participants Groundworks Operations, LLC 401(k) Plan, Total assets ($B): 0.031128739 · Participants: 2127Groundworks Operations, LLC 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Groundworks Operations, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Groundworks Operations, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Itv US Holdings, Inc. 401(k) Plan & Trust in CA ($31M); by covered participants it is Ehealth Insurance Services, Inc. 401(k) Plan in CA (2,127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,127 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 Groundworks Operations, LLC 401(k) Plan assets move in 2022?
Groundworks Operations, LLC 401(k) Plan grew at a solid clip - up 5.9% during 2022, from $29M to $31M. Reported net income was $2M.
How have Groundworks Operations, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Groundworks Operations, LLC's sponsor-wide assets grew 100.9%, from $31M to $63M.
Where does Groundworks Operations, LLC 401(k) Plan rank by assets among Form 5500 filers?
Groundworks Operations, LLC 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Groundworks Operations, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Itv US Holdings, Inc. 401(k) Plan & Trust in CA ($31M, 885 participants).
Which 401(k) plans cover a similar participant headcount to Groundworks Operations, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ehealth Insurance Services, Inc. 401(k) Plan in CA (2,127 participants, $64M in assets).