401(k) · DOL Form 5500 · 2024

Granite City Electric Supply Co. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
430
Participants Below avg headcount
82nd
Percentile by assets National rank
$99,876
Avg per participant Below avg balance/head
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Official DOL plan name: Granite City Electric Supply Profit Sharing 401(k) Plan · Sponsored by Granite City Electric Supply Co. · Massachusetts · Retail Trade

$43M in assets, 430 participants

Granite City Electric Supply Co.'s Granite City Electric Supply Profit Sharing 401(k) Plan reported $43M in total assets and 430 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,237 in Retail Trade (8,048 peers)

Where Granite City Electric Supply Profit Sharing 401(k) Plan sits by assets

Granite City Electric Supply Profit Sharing 401(k) Plan sits in the top quartile of all filed plans by assets, $43M for 430 participants (~$99,876/participant), up 8.4% in 2024.

#7,237
in Retail Trade (8,048 peers)
+8.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Granite City Electric Supply Profit Sharing 401(k) Plan's outsized position by total assets

Granite City Electric Supply Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$42,946,868 Top 18% higher than 82% of 123,620 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 2024

Granite City Electric Supply Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Granite City Electric Supply Profit Sharing 401(k) Plan sits mid-pack in the medium band (430 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Granite City Electric Supply Profit Sharing 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Granite City Electric Supply Profit Sharing 401(k) Plan end-of-year assets rose from $40M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Granite City Electric Supply Profit Sharing 401(k) Plan reported participants rose from 417 in the plan year 2023 filing to 430 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 041384230 · Granite City Electric Supply Co. PY 2024 · 401(k)

Granite City Electric Supply Profit Sharing 401(k) Plan · $43M · 430 · 82nd

  • PCT $43M
  • PCT 430
  • PCT 82nd
  • PCT 401(k)
  • PCT near Canvas, Inc. 401(k)
  • PCT ind #7237

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 Retail Trade retirement plans → · Plans in Massachusetts →

Granite City Electric Supply Profit Sharing 401(k) Plan in the asset neighbourhood

Granite City Electric Supply Profit Sharing 401(k) PlanGranite City Electric Supply…$43MCanvas, Inc. 401(k)$43MCareflite 401(k) Plan$43MJohnstown Wire Technologies, Inc. 401(k) Retirement PlanJohnstown Wire Technologies,…$43MGreater Omaha Packing Co., Inc. 401(k) Savings PlanGreater Omaha Packing Co., I…$43M
End-of-year total assets ($M) among Granite City Electric Supply Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$43M
Net Income$3M
Employer EIN041384230
Plan Effective Date1993-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite City Electric Supply Co.)

Sponsor-wide plan assets over time

All Granite City Electric Supply Co. plans reported in each filing year

Latest sponsor-wide plan assets
$43M 33.60459792613743% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.1M $43M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 369 $32M
2023 1 417 $40M
2024 1 430 $43M

Nearby 401(k) Plans in Massachusetts

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

Granite City Electric Supply Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Granite City Electric Supply Profit Sharing 401(k) Plan, Total assets ($B): 0.042946868 · Participants: 430Granite City Electric Supply Profit Sharing 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Granite City Electric Supply Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Granite City Electric Supply Profit Sharing 401(k) Plan side-by-side with 3 peers →

Granite City Electric Supply Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Canvas, Inc. 401(k) in AL ($43M); by covered participants it is Vericity Holdings, Inc. 401(k) Plan in IL (430 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (430 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Granite City Electric Supply Profit Sharing 401(k) Plan assets move in 2024? ▼
Granite City Electric Supply Profit Sharing 401(k) Plan grew at a solid clip - up 8.4% during 2024, from $40M to $43M. Reported net income was $3M.
How have Granite City Electric Supply Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Granite City Electric Supply Co.'s sponsor-wide assets grew 33.6%, from $32M to $43M.
Where does Granite City Electric Supply Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Granite City Electric Supply Profit Sharing 401(k) Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Granite City Electric Supply Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Canvas, Inc. 401(k) in AL ($43M, 337 participants).
Which 401(k) plans cover a similar participant headcount to Granite City Electric Supply Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vericity Holdings, Inc. 401(k) Plan in IL (430 participants, $45M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 041384230.

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.