401(k) · DOL Form 5500 · 2023

Gradco, LLC D/B/a Gradient 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
143
Participants Small participant base
81st
Percentile by assets National rank
$234,724
Avg per participant Above avg balance/head
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Official DOL plan name: Gradient 401(k) Plan · Sponsored by Gradco, LLC D/B/a Gradient · Massachusetts · Professional & Technical Services

$34M in assets, 143 participants

Gradco, LLC D/B/a Gradient's Gradient 401(k) Plan reported $34M in total assets and 143 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,532 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Gradient 401(k) Plan covers 143 participants in Massachusetts, about 22% of the average Massachusetts filer (state average ~659 per filing). Assets: $34M.

#16,532
in Professional & Technical Services (20,321 peers)
+17.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$33,565,545 Top 19% higher than 81% 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

Gradient 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. Gradient 401(k) Plan sits mid-pack in the medium band (143 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gradient 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Gradient 401(k) Plan reported participants rose from 117 in the plan year 2022 filing to 143 in the plan year 2023 filing.
  • Gradient 401(k) Plan end-of-year assets rose from $28M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 043483677 · Gradco, LLC D/B/a Gradient PY 2023 · 401(k)

Gradient 401(k) Plan · $34M · 143 · 81st

  • BOY $34M
  • SCH 143
  • EBSA 81st
  • PART 401(k)
  • TYPE near Lampton Welding Supply Company, Inc. Profit Sharing Plan
  • NET ind #16532

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 Massachusetts →

Gradient 401(k) Plan in the asset neighbourhood

Gradient 401(k) Plan$34MLampton Welding Supply Company, Inc. Profit Sharing PlanLampton Welding Supply Compa…$34MSpecialist Staffing Solutions, Inc. Retirement PlanSpecialist Staffing Solution…$34MLone Star National Bancshares-Texas, Inc Employee Stock Ownership PlanLone Star National Bancshare…$34MIp Infusion Inc. 401(k) Plan$34M
End-of-year total assets ($M) among Gradient 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$34M
Net Income$5M
Employer EIN043483677
Plan Effective Date1999-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gradco, LLC D/B/a Gradient)

Sponsor-wide plan assets over time

All Gradco, LLC D/B/a Gradient plans reported in each filing year

Latest sponsor-wide plan assets
$34M 17.803255718164575% vs 2022
2023 filing year
$26M$28M$30M$32M$34M$36M 20222023 $28.5M $33.6M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 117 $28M
2023 2 299 $34M

Nearby 401(k) Plans in Massachusetts

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

Gradient 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Gradient 401(k) Plan, Total assets ($B): 0.033565545 · Participants: 143Gradient 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Gradient 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Gradient 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Lampton Welding Supply Company, Inc. Profit Sharing Plan in KS ($34M); by covered participants it is Precision International Automotive Products Inc. 401 (K) Plan in NY (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Gradient 401(k) Plan assets move in 2023? ▼
Gradient 401(k) Plan grew sharply - up 17.8% during 2023, from $28M to $34M. Reported net income was $5M.
How have Gradco, LLC D/B/a Gradient plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Gradco, LLC D/B/a Gradient's sponsor-wide assets grew 17.8%, from $28M to $34M.
Where does Gradient 401(k) Plan rank by assets among Form 5500 filers? ▼
Gradient 401(k) Plan ranks in the 81st 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 Gradient 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lampton Welding Supply Company, Inc. Profit Sharing Plan in KS ($34M, 92 participants).
Which 401(k) plans cover a similar participant headcount to Gradient 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Precision International Automotive Products Inc. 401 (K) Plan in NY (143 participants, $27M 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 043483677.

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.