401(k) · DOL Form 5500 · 2022

Groove Labs Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
97
Participants Small participant base
49th
Percentile by assets National rank
$48,169
Avg per participant Low balance/head
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Official DOL plan name: Groove Labs 401(k) Plan · Sponsored by Groove Labs Inc. · California · Information & Media

$5M in assets, 97 participants

Groove Labs Inc.'s Groove Labs 401(k) Plan reported $5M in total assets and 97 participants in its 2022 DOL Form 5500 filing, ranking in the 49th 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.

  • #966 in Information & Media (2,911 peers)

Groove Labs Inc. multi-year trail

Groove Labs Inc.'s plans moved +34.5% in assets from 2022 to 2023; this filing shows Groove Labs 401(k) Plan at $5M / 97 participants.

#966
in Information & Media (2,911 peers)
+72.6%
assets growth YoY

Groove Labs 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Groove Labs 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,672,435 49th percentile higher than 49% of 139,123 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 2022

Groove Labs 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Groove Labs 401(k) Plan is a small filing (97 participants) on this national headcount ladder.

DOL schedule card

Filing strip 465386787 · Groove Labs Inc. PY 2022 · 401(k)

Groove Labs 401(k) Plan · $5M · 97 · 49th

  • IND $5M
  • IND 97
  • IND 49th
  • IND 401(k)
  • IND near Nextdecade 401(k) Retirement Plan
  • IND ind #966

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 Information & Media retirement plans → · Plans in California →

Groove Labs 401(k) Plan in the asset neighbourhood

Groove Labs 401(k) Plan$5MNextdecade 401(k) Retirement PlanNextdecade 401(k) Retirement…$5MBest Supply, Inc. 401(k) Retirement PlanBest Supply, Inc. 401(k) Ret…$5MStandard Plumbing Supply Co. 401(k) Retirement Savings PlanStandard Plumbing Supply Co.…$5MCerebral Inc. Retirement Savings and Profit Sharing PlanCerebral Inc. Retirement Sav…$5M
End-of-year total assets ($M) among Groove Labs 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Groove Labs Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Groove Labs Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 34.516777654477806% vs 2022
2023 filing year
$4.5M$5M$5.5M$6M$6.5M 20222023 $4.67M $6.29M ▲ +34.7%
Year Plans Participants Total Assets
2022 1 97 $5M
2023 1 167 $6M

Groove Labs Inc. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN465386787
Plan Effective Date2017-10-05
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Groove Labs 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Groove Labs 401(k) Plan, Total assets ($B): 0.004672435 · Participants: 97Groove Labs 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Groove Labs 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Nextdecade 401(k) Retirement Plan in TX ($5M); by covered participants it is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Groove Labs 401(k) Plan assets move in 2022?
Groove Labs 401(k) Plan surged - up 72.6% during 2022, from $3M to $5M. Reported net income was $2M.
How have Groove Labs Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Groove Labs Inc.'s sponsor-wide assets grew 34.5%, from $5M to $6M.
Which 401(k) plans are similar in size to Groove Labs 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Nextdecade 401(k) Retirement Plan in TX ($5M, 53 participants).
Which 401(k) plans cover a similar participant headcount to Groove Labs 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants, N/A in assets).