401(k) · DOL Form 5500 · 2023

Wayne J. Griffin Electric, Inc 401(k) Plan

Data updated 2026-08-11

$191M
Total assets: 1,355
Participants: 95th
Percentile by assets: $140,885
Avg per participant

Official DOL plan name: Wayne J. Griffin Electric, Inc. Retirement Savings Plan · Sponsored by Wayne J. Griffin Electric, Inc · Massachusetts · Construction

$191M in assets, 1,355 participants

Wayne J. Griffin Electric, Inc's Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported $191M in total assets and 1,355 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#8,433 in Construction (9,030 peers)

Coverage in Massachusetts

Wayne J. Griffin Electric, Inc. Retirement Savings Plan covers 1,355 participants in Massachusetts, 2.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $191M.

$191M
total plan assets (2023 EOY): 1,355
covered participants: 95th
percentile by assets (of 127,072 plans): $140,885
avg assets per participant

Where Wayne J. Griffin Electric, Inc. Retirement Savings Plan sits by total assets

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs every filed plan by assets

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

$190,898,642 Top 5% higher than 95% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported net income rose from -$24M in the plan year 2022 filing to $36M in the plan year 2023 filing.
Wayne J. Griffin Electric, Inc. Retirement Savings Plan end-of-year assets rose from $155M in the plan year 2022 filing to $191M in the plan year 2023 filing.
Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported participants fell from 1,374 in the plan year 2022 filing to 1,355 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Construction

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Wayne J. Griffin Electric, Inc. Retirement Savings Plan reports 1,355 participants - 2.1x that state average ($191M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$155M
Net Assets (End of Year)	$191M
Net Income	$36M
Employer EIN	042650465
Plan Effective Date	1979-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Wayne J. Griffin Electric, Inc)

Total plan assets by year, all Wayne J. Griffin Electric, Inc plans on file

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

Nearby 401(k) Plans in Massachusetts

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

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare Wayne J. Griffin Electric, Inc. Retireme… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wayne J. Griffin Electric, Inc. Retirement Savings Plan by total assets, not by location.

Piedmont Airlines Inc. Employee Savings Plan (MD) $191M · 14,678
Unicredit Bank Ag, New York Branch Employees' Deferred Savings Plan (NY) $191M · 114
Calfee, Halter & Griswold LLP Profit Sharing Trust and Plan (OH) $191M · 218
Paycor 401(k) Plan (OH) $191M · 2,365

Frequently Asked Questions

How did Wayne J. Griffin Electric, Inc. Retirement Savings Plan assets move in 2023? ▼

Wayne J. Griffin Electric, Inc. Retirement Savings Plan grew sharply - up 23.5% during 2023, from $155M to $191M. Reported net income was $36M.

How have Wayne J. Griffin Electric, Inc plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Wayne J. Griffin Electric, Inc's sponsor-wide assets grew 42.4%, from $155M to $220M.

Where does Wayne J. Griffin Electric, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Wayne J. Griffin Electric, Inc. Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Wayne J. Griffin Electric, Inc. Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Piedmont Airlines Inc. Employee Savings Plan in MD ($191M, 14,678 participants).

Next read for Wayne J. Griffin Electric, Inc. Retireme…

Filing takeaways

Ways to act on Wayne J. Griffin Electric, Inc. Retirement Savings Plan's numbers.

By total assets, Wayne J. Griffin Electric, Inc. Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
Wayne J. Griffin Electric, Inc's sponsor-wide assets have grown 42.4% since 2022 across 3 plan years on file. More Construction plans

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.