401(k) · DOL Form 5500 · 2022

Wayne J. Griffin Electric, Inc 401(k) Plan

Data updated 2026-08-11

$155M
Total assets
1,374
Participants
95th
Percentile by assets
$112,493
Avg per participant
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Official DOL plan name: Wayne J. Griffin Electric, Inc. Retirement Savings Plan · Sponsored by Wayne J. Griffin Electric, Inc · Massachusetts · Construction

$155M in assets, 1,374 participants

Wayne J. Griffin Electric, Inc's Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported $155M in total assets and 1,374 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.

  • 95th percentile by assets (of 139,126 plans)
  • #9,305 in Construction (9,927 peers)

Coverage in Massachusetts

Wayne J. Griffin Electric, Inc. Retirement Savings Plan covers 1,374 participants in Massachusetts, 2.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $155M.

$155M
total plan assets (2022 EOY)
1,374
covered participants
95th
percentile by assets (of 139,126 plans)
$112,493
avg assets per participant

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Wayne J. Griffin Electric, Inc. Retirement Savings Plan sits by total assets

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs every filed plan by assets

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

$154,565,201 Top 5% higher than 95% 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

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Wayne J. Griffin Electric, Inc. Retirement Savings Plan reports 1,374 participants - 2.1x that state average ($155M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$179M
Net Assets (End of Year)$155M
Net Income-$24M
Employer EIN042650465
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wayne J. Griffin Electric, Inc)

$140M$160M$180M$200M$220M$240M 202220232024 $155M $220M ▲ +42.4%
Total plan assets by year, all Wayne J. Griffin Electric, Inc plans on file
Year Plans Participants Total Assets
2022 1 1,374 $155M
2023 1 1,355 $191M
2024 1 1,389 $220M

Nearby 401(k) Plans in Massachusetts

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

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Wayne J. Griffin Ele…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Wayne J. Griffin Electric, Inc. Retirement Savings 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 Wayne J. Griffin Electric, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Wayne J. Griffin Electric, Inc. Retirement Savings Plan assets move in 2022?
Wayne J. Griffin Electric, Inc. Retirement Savings Plan pulled back noticeably - down 13.5% during 2022, from $179M to $155M. Reported net income was -$24M.
How have Wayne J. Griffin Electric, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Wayne J. Griffin Electric, Inc's sponsor-wide assets grew 42.4%, from $155M to $220M.
Where does Wayne J. Griffin Electric, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Wayne J. Griffin Electric, Inc. 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 Wayne J. Griffin Electric, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Brp Colleague, Inc. 401(k) Plan in FL ($155M, 2,394 participants).

Next read for Wayne J. Griffin Electric, Inc. Retireme…

Filing takeaways

Ways to act on Wayne J. Griffin Electric, Inc. Retirement Savings Plan's numbers.

  • By total assets, Wayne J. Griffin Electric, Inc. Retirement Savings 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 Massachusetts. Compare plans
  • Wayne J. Griffin Electric, Inc's sponsor-wide assets have grown 42.4% since 2022 across 3 plan years on file. More Construction plans