401(k) · DOL Form 5500 · 2023

Granite Telecommunications, LLC 401(k) Plan

Data updated 2026-08-11

$167M
Total assets
2,190
Participants
94th
Percentile by assets
$76,157
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Granite Telecommunications 401(k) Plan · Sponsored by Granite Telecommunications, LLC · Massachusetts · Information & Media

$167M in assets, 2,190 participants

Granite Telecommunications, LLC's Granite Telecommunications 401(k) Plan reported $167M in total assets and 2,190 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)
  • #2,561 in Information & Media (2,818 peers)

Coverage in Massachusetts

Granite Telecommunications 401(k) Plan covers 2,190 participants in Massachusetts, 3.3x the typical Massachusetts plan (state average ~659 per filing). Assets: $167M.

$167M
total plan assets (2023 EOY)
2,190
covered participants
94th
percentile by assets (of 127,072 plans)
$76,157
avg assets per participant

Where Granite Telecommunications 401(k) Plan sits by total assets

Granite Telecommunications 401(k) Plan vs every filed plan by assets

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

$166,784,331 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Granite Telecommunications 401(k) Plan reported net income rose from -$18M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Granite Telecommunications 401(k) Plan end-of-year assets rose from $130M in the plan year 2022 filing to $167M in the plan year 2023 filing.
  • Granite Telecommunications 401(k) Plan reported participants rose from 2,074 in the plan year 2022 filing to 2,190 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Massachusetts
Industry
Information & Media

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Granite Telecommunications 401(k) Plan reports 2,190 participants - 3.3x that state average ($167M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$130M
Net Assets (End of Year)$167M
Net Income$37M
Employer EIN043643290
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Telecommunications, LLC)

$100M$150M$200M$250M 202220232024 $130M $198M ▲ +53.0%
Total plan assets by year, all Granite Telecommunications, LLC plans on file
Year Plans Participants Total Assets
2022 1 2,074 $130M
2023 1 2,190 $167M
2024 1 2,269 $198M

Nearby 401(k) Plans in Massachusetts

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

Granite Telecommunications 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Granite Telecommunic…, Total assets ($B): 0.166784331 · Participants: 2190Granite Telecommunic…Fidelity Retirement …, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Instit…Boston Scientific Co…, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Co…Philips North Americ…, Total assets ($B): 5.779286156 · Participants: 19120Philips North Americ…
Granite Telecommunications 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Granite Telecommunications 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Granite Telecommunications 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Granite Telecommunications 401(k) Plan assets move in 2023? ▼
Granite Telecommunications 401(k) Plan grew sharply - up 28.6% during 2023, from $130M to $167M. Reported net income was $37M.
How have Granite Telecommunications, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Granite Telecommunications, LLC's sponsor-wide assets grew 53.0%, from $130M to $198M.
Where does Granite Telecommunications 401(k) Plan rank by assets among Form 5500 filers? ▼
Granite Telecommunications 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 Granite Telecommunications 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Six Flags 401(k) Plan in TX ($167M, 5,542 participants).

Next read for Granite Telecommunications 401(k) Plan

Filing takeaways

Ways to act on Granite Telecommunications 401(k) Plan's numbers.

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 043643290.

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.