401(k)
2023 plan-year 401(k) DOL Form 5500

WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

WAYNE J. GRIFFIN ELECTRIC, INC

This 401(k) plan holds $191M in total assets and serves 1,355 participants as of 2023. It is sponsored by WAYNE J. GRIFFIN ELECTRIC, INC in Massachusetts. The plan reported positive net income of $36M for the year.

Total Assets (2023)
$191M
Participants
1,355
Industry
Construction

What the Filing Says About WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN

WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by WAYNE J. GRIFFIN ELECTRIC, INC, headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $191M in total end-of-year assets and covers 1,355 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 042650465, and the plan has been effective since 1979-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $155M at the beginning of 2023 to $191M at year-end — a gain of 23.5%. Net assets (after liabilities) closed the year at $191M, with reported net income of $36M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$155M
Total Assets (End of Year)$191M
Net Assets (End of Year)$191M
Net Income$36M
Plan Type401(k)
Employer EIN042650465
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WAYNE J. GRIFFIN ELECTRIC, INC)

Year Plans Participants Total Assets
2022 1 1,374 $155M
2023 1 1,355 $191M
2024 1 1,389 $220M

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Frequently Asked Questions

How much money is in the WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN?
As of the 2023 Form 5500 filing, WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN holds $191M in total assets with 1,355 participants. It is sponsored by WAYNE J. GRIFFIN ELECTRIC, INC.
What type of plan is WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN?
WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 1979-07-01. The plan is filed with the U.S. Department of Labor under EIN 042650465.
Who sponsors the WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN?
WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN is sponsored by WAYNE J. GRIFFIN ELECTRIC, INC, located in Massachusetts. The sponsor's EIN is 042650465 and the plan operates in the Construction industry.
How did WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN perform in 2023?
WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN grew by 23.5% during 2023, moving from $155M to $191M in total assets. Net income was $36M.
Where can I find official filings for WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042650465 or plan name at efast.dol.gov.
How does WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN compare to other plans?
You can compare WAYNE J. GRIFFIN ELECTRIC, INC. RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 042650465.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.