401(k) · DOL Form 5500 · 2023

GROUNDSWELL 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
359
Participants Below avg headcount
78th
Percentile by assets National rank
$78,621
Avg per participant Below avg balance/head
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Official DOL plan name: Groundswell 401(k) Plan · Sponsored by GROUNDSWELL · Virginia · Professional & Technical Services

$28M in assets, 359 participants

GROUNDSWELL's Groundswell 401(k) Plan reported $28M in total assets and 359 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #16,008 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Groundswell 401(k) Plan covers 359 participants in Virginia, about 46% of the average Virginia filer (state average ~782 per filing). Assets: $28M.

#16,008
in Professional & Technical Services (20,321 peers)
+49.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Groundswell 401(k) Plan's outsized position by total assets

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

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

$28,225,001 Top 22% higher than 78% 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

Groundswell 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. Groundswell 401(k) Plan sits mid-pack in the medium band (359 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Groundswell 401(k) Plan reported net income rose from -$324K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Groundswell 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Groundswell 401(k) Plan reported participants rose from 258 in the plan year 2022 filing to 359 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 200318030 · GROUNDSWELL PY 2023 · 401(k)

Groundswell 401(k) Plan · $28M · 359 · 78th

  • PHOTO $28M
  • IND 359
  • EOY 78th
  • 5500 401(k)
  • ASSETS near Cape Environmental Management Inc. Retirement Salary Savings
  • PCT ind #16008

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 Virginia →

Groundswell 401(k) Plan in the asset neighbourhood

Groundswell 401(k) Plan$28MCommodore Builders LLC 401(k) PlanCommodore Builders LLC 401(k…$28MThe Professional Basketball Club, LLC 401(k) PlanThe Professional Basketball …$28MCape Environmental Management Inc. Retirement Salary SavingsCape Environmental Managemen…$28MInternational Services, Inc. 401(k) PlanInternational Services, Inc.…$28M
End-of-year total assets ($M) among Groundswell 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$28M
Net Income$7M
Employer EIN200318030
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GROUNDSWELL)

Sponsor-wide plan assets over time

All GROUNDSWELL plans reported in each filing year

Latest sponsor-wide plan assets
$36M 89.36524374929039% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $18.9M $35.8M ▲ +89.4%
Year Plans Participants Total Assets
2022 1 258 $19M
2023 1 359 $28M
2024 1 407 $36M

Nearby 401(k) Plans in Virginia

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

Groundswell 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Groundswell 401(k) Plan, Total assets ($B): 0.028225001 · Participants: 359Groundswell 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Groundswell 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Groundswell 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Cape Environmental Management Inc. Retirement Salary Savings in GA ($28M); by covered participants it is Harmac Medical Products, Inc. Retirement Savings Plan in NY (359 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (359 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 Groundswell 401(k) Plan assets move in 2023? ▼
Groundswell 401(k) Plan surged - up 49.4% during 2023, from $19M to $28M. Reported net income was $7M.
How have GROUNDSWELL plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), GROUNDSWELL's sponsor-wide assets grew 89.4%, from $19M to $36M.
Where does Groundswell 401(k) Plan rank by assets among Form 5500 filers? ▼
Groundswell 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Groundswell 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cape Environmental Management Inc. Retirement Salary Savings in GA ($28M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Groundswell 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Harmac Medical Products, Inc. Retirement Savings Plan in NY (359 participants, $21M 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 200318030.

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.