401(k) · DOL Form 5500 · 2023

Groq, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
156
Participants Small participant base
61st
Percentile by assets National rank
$70,899
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Groq 401(k) Plan · Sponsored by Groq, Inc. · California · Professional & Technical Services

$11M in assets, 156 participants

Groq, Inc.'s Groq 401(k) Plan reported $11M in total assets and 156 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #12,105 in Professional & Technical Services (20,321 peers)

Coverage in California

Groq 401(k) Plan covers 156 participants in California, about 25% of the average California filer (state average ~630 per filing). Assets: $11M.

#12,105
in Professional & Technical Services (20,321 peers)
+40.4%
assets growth YoY

Groq 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Groq 401(k) Plan vs every filed plan by assets

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

$11,060,315 Top 39% higher than 61% 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

Groq 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Groq 401(k) Plan sits mid-pack in the medium band (156 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Groq 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Groq 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Groq 401(k) Plan reported participants fell from 165 in the plan year 2022 filing to 156 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 813891970 · Groq, Inc. PY 2023 · 401(k)

Groq 401(k) Plan · $11M · 156 · 61st

  • BOY $11M
  • BOY 156
  • BOY 61st
  • BOY 401(k)
  • BOY near Utah Medical Products, Inc. 401(k) Retirement Plan
  • BOY ind #12105

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 Professional & Technical Services retirement plans → · Plans in California →

Groq 401(k) Plan in the asset neighbourhood

Groq 401(k) Plan$11MUtah Medical Products, Inc. 401(k) Retirement PlanUtah Medical Products, Inc. …$11MBell Lumber & Pole Company 401(k) Profit Sharing PlanBell Lumber & Pole Company 4…$11MEdp Pc's 401(k) Plan$11MRetirement Savings Plan for Elgi Compressors USA, Inc.Retirement Savings Plan for …$11M
End-of-year total assets ($M) among Groq 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$3M
Employer EIN813891970
Plan Effective Date2017-04-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Groq, Inc.)

Sponsor-wide plan assets over time

All Groq, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 107.81017394924703% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $7.88M $16.4M ▲ +107.7%
Year Plans Participants Total Assets
2022 1 165 $8M
2023 1 156 $11M
2024 1 144 $16M

Nearby 401(k) Plans in California

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

Groq 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Groq 401(k) Plan, Total assets ($B): 0.011060315 · Participants: 156Groq 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
Groq 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Groq 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Utah Medical Products, Inc. 401(k) Retirement Plan in UT ($11M); by covered participants it is Motivating Graphics 401(k) Retirement Plan in TX (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 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 Groq 401(k) Plan assets move in 2023? ▼
Groq 401(k) Plan surged - up 40.4% during 2023, from $8M to $11M. Reported net income was $3M.
How have Groq, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Groq, Inc.'s sponsor-wide assets grew 107.8%, from $8M to $16M.
Which 401(k) plans are similar in size to Groq 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Utah Medical Products, Inc. 401(k) Retirement Plan in UT ($11M, 118 participants).
Which 401(k) plans cover a similar participant headcount to Groq 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Motivating Graphics 401(k) Retirement Plan in TX (156 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 813891970.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.