401(k) · DOL Form 5500 · 2023

Great Minds Pbc 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
1,032
Participants Near avg headcount
87th
Percentile by assets National rank
$58,740
Avg per participant Low balance/head
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Official DOL plan name: Great Minds Pbc 401(k) Plan · Sponsored by Great Minds Pbc · District of Columbia · Educational Services

$61M in assets, 1,032 participants

Great Minds Pbc's Great Minds Pbc 401(k) Plan reported $61M in total assets and 1,032 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #2,898 in Educational Services (3,735 peers)

Where Great Minds Pbc 401(k) Plan sits by assets

Great Minds Pbc 401(k) Plan sits in the top quartile of all filed plans by assets, $61M for 1,032 participants (~$58,740/participant), up 61.5% in 2023.

#2,898
in Educational Services (3,735 peers)
+61.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Great Minds Pbc 401(k) Plan's outsized position by total assets

Great Minds Pbc 401(k) Plan vs every filed plan by assets

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

$60,619,856 Top 13% higher than 87% 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

Great Minds Pbc 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Great Minds Pbc 401(k) Plan lands in the large band (1,032 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Great Minds Pbc 401(k) Plan reported net income rose from $5M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Great Minds Pbc 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • Great Minds Pbc 401(k) Plan reported participants rose from 907 in the plan year 2022 filing to 1,032 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 843785772 · Great Minds Pbc PY 2023 · 401(k)

Great Minds Pbc 401(k) Plan · $61M · 1,032 · 87th

  • EIN $61M
  • EIN 1,032
  • EIN 87th
  • EIN 401(k)
  • EIN near Bristol-Myers Squibb Company Employee Incentive Thrift Plan
  • EIN ind #2898

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 Educational Services retirement plans → · Plans in District of Columbia →

Great Minds Pbc 401(k) Plan in the asset neighbourhood

Emerus Retirement Savings PlanEmerus Retirement Savings Pl…$61MMaxum Petroleum 401(k) Plan$61MGreat Minds Pbc 401(k) Plan$61MBristol-Myers Squibb Company Employee Incentive Thrift PlanBristol-Myers Squibb Company…$61MBowflex Inc. 401(k) Savings PlanBowflex Inc. 401(k) Savings …$61M
End-of-year total assets ($M) among Great Minds Pbc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$61M
Net Income$23M
Employer EIN843785772
Plan Effective Date2013-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Minds Pbc)

Sponsor-wide plan assets over time

All Great Minds Pbc plans reported in each filing year

Latest sponsor-wide plan assets
$80M 111.96810646979236% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $37.6M $79.6M ▲ +112.0%
Year Plans Participants Total Assets
2022 1 907 $38M
2023 1 1,032 $61M
2024 1 1,382 $80M

Nearby 401(k) Plans in District of Columbia

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

Great Minds Pbc 401(k) Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants Great Minds Pbc 401(k) Plan, Total assets ($B): 0.060619856 · Participants: 1032Great Minds Pbc 401(k) PlanDanaher Corporation & Subsidiaries Savings Plan, Total assets ($B): 5.808883656 · Participants: 29441Danaher Corporation & Subsidiaries Savings PlanGeico 401(k) Savings Plan, Total assets ($B): 5.758063779 · Participants: 39034Geico 401(k) Savings PlanFederal National Mortgage Association Retirement Savings Plan for Employees, Total assets ($B): 3.918113552 · Participants: 8044Federal National Mortgage Association Retirement Savings Plan for EmployeesFinra Savings Plus Plan, Total assets ($B): 2.182175101 · Participants: 3958Finra Savings Plus PlanHogan Lovells US LLP Retirement Savings Plan, Total assets ($B): 1.63036822 · Participants: 1870Hogan Lovells US LLP Retirement Savings Plan
Great Minds Pbc 401(k) Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

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

Outside District of Columbia, the nearest 401(k) by assets is Bristol-Myers Squibb Company Employee Incentive Thrift Plan in NJ ($61M); by covered participants it is Liberty Healthcare Corporation Savings Plan in PA (1,032 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($61M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,032 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 Great Minds Pbc 401(k) Plan assets move in 2023?
Great Minds Pbc 401(k) Plan surged - up 61.5% during 2023, from $38M to $61M. Reported net income was $23M.
How have Great Minds Pbc plan assets changed over time?
Across 3 plan years on file (2022-2024), Great Minds Pbc's sponsor-wide assets grew 112.0%, from $38M to $80M.
Where does Great Minds Pbc 401(k) Plan rank by assets among Form 5500 filers?
Great Minds Pbc 401(k) Plan ranks in the 87th 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 Great Minds Pbc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bristol-Myers Squibb Company Employee Incentive Thrift Plan in NJ ($61M, 163 participants).
Which 401(k) plans cover a similar participant headcount to Great Minds Pbc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Liberty Healthcare Corporation Savings Plan in PA (1,032 participants, $29M in assets).