401(k) · DOL Form 5500 · 2023

Granite Construction Incorporated 401(k) Plan

Data updated 2026-08-25

$737M
Total assets Above avg plan size
3,150
Participants Above avg headcount
98th
Percentile by assets National rank
$233,995
Avg per participant Above avg balance/head
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Official DOL plan name: Granite Construction Profit Sharing and 401(k) Plan · Sponsored by Granite Construction Incorporated · California · Construction

$737M in assets, 3,150 participants

Granite Construction Incorporated's Granite Construction Profit Sharing and 401(k) Plan reported $737M in total assets and 3,150 participants in its 2023 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.

  • #8,869 in Construction (9,030 peers)

Coverage in California

Granite Construction Profit Sharing and 401(k) Plan covers 3,150 participants in California, 5.0x the typical California plan (state average ~630 per filing). Assets: $737M.

#8,869
in Construction (9,030 peers)
+16.8%
assets growth YoY
7.4×
vs typical plan assets (national mean)

Granite Construction Profit Sharing and 401(k) Plan's outsized position by total assets

Granite Construction Profit Sharing and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$737,084,650 Top 2% higher than 98% of 127,068 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 2023

Granite Construction Profit Sharing and 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Granite Construction Profit Sharing and 401(k) Plan lands in the large band (3,150 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Granite Construction Profit Sharing and 401(k) Plan reported net income rose from -$113M in the plan year 2022 filing to $92M in the plan year 2023 filing.
  • Granite Construction Profit Sharing and 401(k) Plan end-of-year assets rose from $631M in the plan year 2022 filing to $737M in the plan year 2023 filing.
  • Granite Construction Profit Sharing and 401(k) Plan reported participants fell from 3,408 in the plan year 2022 filing to 3,150 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 770239383 · Granite Construction Incorporated PY 2023 · 401(k)

Granite Construction Profit Sharing and 401(k) Plan · $737M · 3,150 · 98th

  • EOY $737M
  • 5500 3,150
  • ASSETS 98th
  • PCT 401(k)
  • EIN near Huntsman Salary Deferral Plan
  • RANK ind #8869

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 California →

Granite Construction Profit Sharing and 401(k) Plan in the asset neighbourhood

Prime Therapeutics LLC 401(k) PlanPrime Therapeutics LLC 401(k…$740MDeaconess Health System, Inc. 401(k) PlanDeaconess Health System, Inc…$738MHuntsman Salary Deferral Plan$738MGranite Construction Profit Sharing and 401(k) PlanGranite Construction Profit …$737MUfp Industries, Inc. Employees' Profit Sharing and 401(k) PlanUfp Industries, Inc. Employe…$735M
End-of-year total assets ($M) among Granite Construction Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$631M
Net Assets (End of Year)$502M
Net Income$92M
Employer EIN770239383
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Construction Incorporated)

Sponsor-wide plan assets over time

All Granite Construction Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$819M 29.831833096358572% vs 2022
2024 filing year
$600M$700M$800M$900M 202220232024 $631M $819M ▲ +29.8%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Granite Construction Profit Sharing and 401(k) Plan, Total assets ($B): 0.73708465 · Participants: 3150Granite Construction Profit Sharing and 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
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's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Huntsman Salary Deferral Plan in TX ($738M); by covered participants it is Anthology Senior Living 401(k) Plan in CO (3,151 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($737M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,150 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Granite Construction Profit Sharing and 401(k) Plan assets move in 2023? ▼
Granite Construction Profit Sharing and 401(k) Plan grew sharply - up 16.8% during 2023, from $631M to $737M. Reported net income was $92M.
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 127,072 plans that reported assets for plan year 2023 (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 Huntsman Salary Deferral Plan in TX ($738M, 1,776 participants).
Which 401(k) plans cover a similar participant headcount to Granite Construction Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Anthology Senior Living 401(k) Plan in CO (3,151 participants, $5M in assets).