401(k) · DOL Form 5500 · 2023

Grand Canyon University 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
6,994
Participants
93rd
Percentile by assets
$18,361
Avg per participant
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Official DOL plan name: Grand Canyon University Employees 401(k) Plan · Sponsored by Grand Canyon University · Arizona · Educational Services

$128M in assets, 6,994 participants

Grand Canyon University's Grand Canyon University Employees 401(k) Plan reported $128M in total assets and 6,994 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #3,276 in Educational Services (3,735 peers)

Coverage in Arizona

Grand Canyon University Employees 401(k) Plan covers 6,994 participants in Arizona, 12x the typical Arizona plan (state average ~564 per filing). Assets: $128M.

$128M
total plan assets (2023 EOY)
6,994
covered participants
93rd
percentile by assets (of 127,072 plans)
$18,361
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Grand Canyon University Employees 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Grand Canyon University Employees 401(k) Plan end-of-year assets rose from $100M in the plan year 2022 filing to $128M in the plan year 2023 filing.
  • Grand Canyon University Employees 401(k) Plan reported participants rose from 6,779 in the plan year 2022 filing to 6,994 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 University Employees 401(k) Plan reports 6,994 participants - 12x that state average ($128M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$128M
Net Income$29M
Employer EIN472507725
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grand Canyon University)

$80M$100M$120M$140M$160M$180M 202220232024 $99.6M $158M ▲ +58.9%
Total plan assets by year, all Grand Canyon University plans on file
Year Plans Participants Total Assets
2022 1 6,779 $100M
2023 1 6,994 $128M
2024 1 7,325 $158M

Nearby 401(k) Plans in Arizona

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

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

Grand Canyon University 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 Univers…Bechtel Trust & Thri…Banner Health Employ…Republic Services, I…Freeport-Mcmoran Inc…Stantec 401(k) Plan
Grand Canyon University Employees 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Scale composition for Grand Canyon University Employees 401(k) Plan

Grand Canyon University Employees 401(k) Plan reports $128M in end-of-year assets across 6,994 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $18,361 per participant (13% of the national average assets-per-participant) . Net income for plan year 2023 was $29M.

This plan identity (EIN 472507725, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $100M to $158M (+58.9%) while covered participants moved from 6,779 to 7,325 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,779 $100M Open filing
2023 6,994 $128M This page
2024 · index core 7,325 $158M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Grand Canyon University Employees 401(k) Plan assets move in 2023?
Grand Canyon University Employees 401(k) Plan grew sharply - up 28.9% during 2023, from $100M to $128M. Reported net income was $29M.
How have Grand Canyon University plan assets changed over time?
Across 3 plan years on file (2022-2024), Grand Canyon University's sponsor-wide assets grew 58.9%, from $100M to $158M.
Where does Grand Canyon University Employees 401(k) Plan rank by assets among Form 5500 filers?
Grand Canyon University Employees 401(k) Plan ranks in the 93rd 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 University Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Acme Brick Company 401(k) Retirement & Savings Plan in TX ($128M, 1,771 participants).

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

Filing takeaways

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