401(k) · DOL Form 5500 · 2024

Wayne J. Griffin Electric, Inc 401(k) Plan

Data updated 2026-08-11

$220M
Total assets
1,389
Participants
95th
Percentile by assets
$158,511
Avg per participant
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Official DOL plan name: Wayne J. Griffin Electric, Inc. Retirement Savings Plan · Sponsored by Wayne J. Griffin Electric, Inc · Massachusetts · Construction

$220M in assets, 1,389 participants

Wayne J. Griffin Electric, Inc's Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported $220M in total assets and 1,389 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #8,479 in Construction (9,039 peers)

Coverage in Massachusetts

Wayne J. Griffin Electric, Inc. Retirement Savings Plan covers 1,389 participants in Massachusetts, 2.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $220M.

$220M
total plan assets (2024 EOY)
1,389
covered participants
95th
percentile by assets (of 123,622 plans)
$158,511
avg assets per participant

Where Wayne J. Griffin Electric, Inc. Retirement Savings Plan sits by total assets

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs every filed plan by assets

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

$220,171,255 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported net income fell from $36M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Wayne J. Griffin Electric, Inc. Retirement Savings Plan end-of-year assets rose from $191M in the plan year 2023 filing to $220M in the plan year 2024 filing.
  • Wayne J. Griffin Electric, Inc. Retirement Savings Plan reported participants rose from 1,355 in the plan year 2023 filing to 1,389 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Wayne J. Griffin Electric, Inc. Retirement Savings Plan reports 1,389 participants - 2.1x that state average ($220M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$191M
Net Assets (End of Year)$220M
Net Income$29M
Employer EIN042650465
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wayne J. Griffin Electric, Inc)

$140M$160M$180M$200M$220M$240M 202220232024 $155M $220M ▲ +42.4%
Total plan assets by year, all Wayne J. Griffin Electric, Inc plans on file
Year Plans Participants Total Assets
2022 1 1,374 $155M
2023 1 1,355 $191M
2024 1 1,389 $220M

Nearby 401(k) Plans in Massachusetts

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

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Wayne J. Griffin Ele…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Wayne J. Griffin Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wayne J. Griffin Electric, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Wayne J. Griffin Electric, Inc. Retirement Savings Plan assets move in 2024?
Wayne J. Griffin Electric, Inc. Retirement Savings Plan grew sharply - up 15.3% during 2024, from $191M to $220M. Reported net income was $29M.
How have Wayne J. Griffin Electric, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Wayne J. Griffin Electric, Inc's sponsor-wide assets grew 42.4%, from $155M to $220M.
Where does Wayne J. Griffin Electric, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Wayne J. Griffin Electric, Inc. Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 123,622 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 Wayne J. Griffin Electric, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Unicredit Bank Gmbh, New York Branch in NY ($220M, 107 participants).

Next read for Wayne J. Griffin Electric, Inc. Retireme…

Filing takeaways

Ways to act on Wayne J. Griffin Electric, Inc. Retirement Savings Plan's numbers.

  • By total assets, Wayne J. Griffin Electric, Inc. Retirement Savings 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 Massachusetts. Compare plans
  • Wayne J. Griffin Electric, Inc's sponsor-wide assets have grown 42.4% since 2022 across 3 plan years on file. More Construction plans