401(k) · DOL Form 5500 · 2024

Granite Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
110
Participants Small participant base
65th
Percentile by assets National rank
$137,557
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Granite Federal Credit Union 401(k) Plan and Trust · Sponsored by Granite Federal Credit Union · Utah · Finance & Insurance

$15M in assets, 110 participants

Granite Federal Credit Union's Granite Federal Credit Union 401(k) Plan and Trust reported $15M in total assets and 110 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,155 in Finance & Insurance (8,549 peers)

Coverage in Utah

Granite Federal Credit Union 401(k) Plan and Trust covers 110 participants in Utah, about 19% of the average Utah filer (state average ~592 per filing). Assets: $15M.

#4,155
in Finance & Insurance (8,549 peers)
+11.1%
assets growth YoY

Granite Federal Credit Union 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Granite Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$15,131,275 Top 35% higher than 65% 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 Federal Credit Union 401(k) Plan and Trust 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 Federal Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (110 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Granite Federal Credit Union 401(k) Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Granite Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 870232489 · Granite Federal Credit Union PY 2024 · 401(k)

Granite Federal Credit Union 401(k) Plan and Trust · $15M · 110 · 65th

  • PART $15M
  • PART 110
  • PART 65th
  • PART 401(k)
  • PART near Citizens Bank and Trust 401(k) Plan
  • PART ind #4155

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 Finance & Insurance retirement plans → · Plans in Utah →

Granite Federal Credit Union 401(k) Plan and Trust in the asset neighbourhood

Granite Federal Credit Union 401(k) Plan and TrustGranite Federal Credit Union…$15MCitizens Bank and Trust 401(k) PlanCitizens Bank and Trust 401(…$15MBdg Media, Inc. 401(k) Plan$15MDesign Ready Controls, Inc. 401(k) PlanDesign Ready Controls, Inc. …$15MBhate Environmental Associates Employees 401(k) Safe Harbor PlanBhate Environmental Associat…$15M
End-of-year total assets ($M) among Granite Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN870232489
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Federal Credit Union)

Sponsor-wide plan assets over time

All Granite Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$15M 29.026934085497828% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.7M $15.1M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 89 $12M
2023 1 110 $14M
2024 1 110 $15M

Nearby 401(k) Plans in Utah

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

Granite Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Granite Federal Credit Union 401(k) Plan and Trust, Total assets ($B): 0.015131275 · Participants: 110Granite Federal Credit Union 401(k) Plan and TrustIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Granite Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Utah, assets vs. participants

Granite Federal Credit Union 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Citizens Bank and Trust 401(k) Plan in FL ($15M); by covered participants it is Baymeadows Animal Hospital LLC 401(k) Profit Sharing Plan & Trust in FL (110 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (110 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 Federal Credit Union 401(k) Plan and Trust assets move in 2024?
Granite Federal Credit Union 401(k) Plan and Trust grew at a solid clip - up 11.1% during 2024, from $14M to $15M. Reported net income was $2M.
How have Granite Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Granite Federal Credit Union's sponsor-wide assets grew 29.0%, from $12M to $15M.
Which 401(k) plans are similar in size to Granite Federal Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Citizens Bank and Trust 401(k) Plan in FL ($15M, 208 participants).
Which 401(k) plans cover a similar participant headcount to Granite Federal Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Baymeadows Animal Hospital LLC 401(k) Profit Sharing Plan & Trust in FL (110 participants, N/A in assets).