401(k) · DOL Form 5500 · 2024
Granite Telecommunications, LLC 401(k) Plan
Data updated 2026-08-11
- $198M
- Total assets
- 2,269
- Participants
- 94th
- Percentile by assets
- $87,456
- Avg per participant
Official DOL plan name: Granite Telecommunications 401(k) Plan · Sponsored by Granite Telecommunications, LLC · Massachusetts · Information & Media
$198M in assets, 2,269 participants
Granite Telecommunications, LLC's Granite Telecommunications 401(k) Plan reported $198M in total assets and 2,269 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #2,580 in Information & Media (2,822 peers)
Coverage in Massachusetts
Granite Telecommunications 401(k) Plan covers 2,269 participants in Massachusetts, 3.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $198M.
- $198M
- total plan assets (2024 EOY)
- 2,269
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $87,456
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Granite Telecommunications 401(k) Plan end-of-year assets rose from $167M in the plan year 2023 filing to $198M in the plan year 2024 filing.
- Granite Telecommunications 401(k) Plan reported net income fell from $37M in the plan year 2023 filing to $32M in the plan year 2024 filing.
- Granite Telecommunications 401(k) Plan reported participants rose from 2,190 in the plan year 2023 filing to 2,269 in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Granite Telecommunications 401(k) Plan reports 2,269 participants - 3.4x that state average ($198M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $167M |
|---|---|
| Net Assets (End of Year) | $198M |
| Net Income | $32M |
| Employer EIN | 043643290 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Granite Telecommunications, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,074 | $130M |
| 2023 | 1 | 2,190 | $167M |
| 2024 | 1 | 2,269 | $198M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Granite Telecommunications 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Granite Telecommunications 401(k) Plan by total assets, not by location.
- Securitas Technology Corporation 401(k) Savings Plan (CA) $199M · 3,924
- Alarm.Com 401(k) Plan (VA) $199M · 1,824
- Wealth Enhancement Group 401(k) Plan (MN) $199M · 1,277
- Park Dental Partners 401(k) Plan (MN) $199M · 1,388
Frequently Asked Questions
How did Granite Telecommunications 401(k) Plan assets move in 2024? ▼
How have Granite Telecommunications, LLC plan assets changed over time? ▼
Where does Granite Telecommunications 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Granite Telecommunications 401(k) Plan? ▼
Next read for Granite Telecommunications 401(k) Plan
Filing takeaways
Ways to act on Granite Telecommunications 401(k) Plan's numbers.
- By total assets, Granite Telecommunications 401(k) Plan ranks in the top 10% 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
- Granite Telecommunications, LLC's sponsor-wide assets have grown 53.0% since 2022 across 3 plan years on file. More Information & Media plans