401(k) · DOL Form 5500 · 2024

Granite Construction Incorporated 401(k) Plan

Data updated 2026-08-06

$819M
Total assets
3,307
Participants
98th
Percentile by assets
$247,766
Avg per participant
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Official DOL plan name: Granite Construction Profit Sharing and 401(k) Plan · Sponsored by Granite Construction Incorporated · California · Construction

$819M in assets, 3,307 participants

Granite Construction Incorporated's Granite Construction Profit Sharing and 401(k) Plan reported $819M in total assets and 3,307 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)
  • #8,179 in Construction (8,304 peers)

Coverage in California

Granite Construction Profit Sharing and 401(k) Plan covers 3,307 participants in California, 5.2x the typical California plan (state average ~637 per filing). Assets: $819M.

$819M
total plan assets (2024 EOY)
3,307
covered participants
98th
percentile by assets (of 116,472 plans)
$247,766
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Granite Construction Profit Sharing and 401(k) Plan reported net income rose from $92M in the plan year 2023 filing to $317M in the plan year 2024 filing.
  • Granite Construction Profit Sharing and 401(k) Plan end-of-year assets rose from $737M in the plan year 2023 filing to $819M in the plan year 2024 filing.
  • Granite Construction Profit Sharing and 401(k) Plan reported participants rose from 3,150 in the plan year 2023 filing to 3,307 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Granite Construction Profit Sharing and 401(k) Plan reports 3,307 participants - 5.2x that state average ($819M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$737M
Net Assets (End of Year)$819M
Net Income$317M
Employer EIN770239383
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Construction Incorporated)

$600M$700M$800M$900M 202220232024 $631M $819M ▲ +29.8%
Total plan assets by year, all Granite Construction Incorporated plans on file
Year Plans Participants Total Assets
2022 1 3,408 $631M
2023 1 3,150 $737M
2024 1 3,307 $819M

Nearby 401(k) Plans in California

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

Granite Construction Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Granite Construction Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Granite Construction…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Granite Construction Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Granite Construction Profit Sharing and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Granite Construction Profit Sharing and 401(k) Plan assets move in 2024?
Granite Construction Profit Sharing and 401(k) Plan grew at a solid clip - up 11.2% during 2024, from $737M to $819M. Reported net income was $317M.
How have Granite Construction Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Granite Construction Incorporated's sponsor-wide assets grew 29.8%, from $631M to $819M.
Where does Granite Construction Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
Granite Construction Profit Sharing and 401(k) Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Granite Construction Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Audacy Inc. 401(k) Savings & Retirement Plan in PA ($819M, 4,008 participants).

Next read for Granite Construction Profit Sharing and …

Filing takeaways

Ways to act on Granite Construction Profit Sharing and 401(k) Plan's numbers.

  • By total assets, Granite Construction Profit Sharing and 401(k) 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 California. Compare plans
  • Granite Construction Incorporated's sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Construction plans