401(k) · DOL Form 5500 · 2023

Grand Canyon Education, Inc. 401(k) Plan

Data updated 2026-08-11

$158M
Total assets
4,032
Participants
94th
Percentile by assets
$39,253
Avg per participant
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Official DOL plan name: Grand Canyon Education Employees 401(k) Plan · Sponsored by Grand Canyon Education, Inc. · Arizona · Educational Services

$158M in assets, 4,032 participants

Grand Canyon Education, Inc.'s Grand Canyon Education Employees 401(k) Plan reported $158M in total assets and 4,032 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #3,335 in Educational Services (3,735 peers)

Coverage in Arizona

Grand Canyon Education Employees 401(k) Plan covers 4,032 participants in Arizona, 7.2x the typical Arizona plan (state average ~564 per filing). Assets: $158M.

$158M
total plan assets (2023 EOY)
4,032
covered participants
94th
percentile by assets (of 127,072 plans)
$39,253
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Grand Canyon Education Employees 401(k) Plan reported net income rose from -$14M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Grand Canyon Education Employees 401(k) Plan end-of-year assets rose from $124M in the plan year 2022 filing to $158M in the plan year 2023 filing.
  • Grand Canyon Education Employees 401(k) Plan reported participants fell from 4,102 in the plan year 2022 filing to 4,032 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Grand Canyon Education Employees 401(k) Plan reports 4,032 participants - 7.2x that state average ($158M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$158M
Net Income$34M
Employer EIN203356009
Plan Effective Date2004-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grand Canyon Education, Inc.)

$100M$150M$200M 202220232024 $124M $192M ▲ +54.7%
Total plan assets by year, all Grand Canyon Education, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,102 $124M
2023 1 4,032 $158M
2024 1 4,542 $192M

Nearby 401(k) Plans in Arizona

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

Grand Canyon Education Employees 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Grand Canyon Education Employees 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -20246 Total assets ($B) Participants Grand Canyon Educati…Bechtel Trust & Thri…Banner Health Employ…Republic Services, I…Freeport-Mcmoran Inc…Stantec 401(k) Plan
Grand Canyon Education Employees 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Grand Canyon Education Employees 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Grand Canyon Education Employees 401(k) Plan assets move in 2023?
Grand Canyon Education Employees 401(k) Plan grew sharply - up 27.7% during 2023, from $124M to $158M. Reported net income was $34M.
How have Grand Canyon Education, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Grand Canyon Education, Inc.'s sponsor-wide assets grew 54.7%, from $124M to $192M.
Where does Grand Canyon Education Employees 401(k) Plan rank by assets among Form 5500 filers?
Grand Canyon Education Employees 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Grand Canyon Education Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ansell Retirement and Savings Plan in NJ ($158M, 497 participants).

Next read for Grand Canyon Education Employees 401(k) …

Filing takeaways

Ways to act on Grand Canyon Education Employees 401(k) Plan's numbers.