401(k) · DOL Form 5500 · 2024

Great Minds Pbc 401(k) Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
1,382
Participants Near avg headcount
89th
Percentile by assets National rank
$57,588
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Great Minds Pbc 401(k) Plan · Sponsored by Great Minds Pbc · District of Columbia · Educational Services

$80M in assets, 1,382 participants

Great Minds Pbc's Great Minds Pbc 401(k) Plan reported $80M in total assets and 1,382 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #2,889 in Educational Services (3,638 peers)

Where Great Minds Pbc 401(k) Plan sits by assets

Great Minds Pbc 401(k) Plan sits in the top quartile of all filed plans by assets, $80M for 1,382 participants (~$57,588/participant), up 31.3% in 2024.

#2,889
in Educational Services (3,638 peers)
+31.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Great Minds Pbc 401(k) Plan's outsized position by total assets

Great Minds Pbc 401(k) Plan vs every filed plan by assets

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

$79,587,241 Top 11% higher than 89% 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

Great Minds Pbc 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Great Minds Pbc 401(k) Plan lands in the large band (1,382 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Great Minds Pbc 401(k) Plan reported participants rose from 1,032 in the plan year 2023 filing to 1,382 in the plan year 2024 filing.
  • Great Minds Pbc 401(k) Plan end-of-year assets rose from $61M in the plan year 2023 filing to $80M in the plan year 2024 filing.
  • Great Minds Pbc 401(k) Plan reported net income fell from $23M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 843785772 · Great Minds Pbc PY 2024 · 401(k)

Great Minds Pbc 401(k) Plan · $80M · 1,382 · 89th

  • IND $80M
  • IND 1,382
  • IND 89th
  • IND 401(k)
  • IND near Ormat 401(k) Plan
  • IND ind #2889

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 Educational Services retirement plans → · Plans in District of Columbia →

Great Minds Pbc 401(k) Plan in the asset neighbourhood

Voestalpine High Performance Metals Retirement PlanVoestalpine High Performance…$80MBel Brands USA 401(k) and Profit Sharing PlanBel Brands USA 401(k) and Pr…$80MGreat Minds Pbc 401(k) Plan$80MOrmat 401(k) Plan$80MCrane Companies 401(k) Plan$80M
End-of-year total assets ($M) among Great Minds Pbc 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)$61M
Net Assets (End of Year)$80M
Net Income$19M
Employer EIN843785772
Plan Effective Date2013-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Minds Pbc)

Sponsor-wide plan assets over time

All Great Minds Pbc plans reported in each filing year

Latest sponsor-wide plan assets
$80M 111.96810646979236% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $37.6M $79.6M ▲ +112.0%
Year Plans Participants Total Assets
2022 1 907 $38M
2023 1 1,032 $61M
2024 1 1,382 $80M

Nearby 401(k) Plans in District of Columbia

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

Great Minds Pbc 401(k) Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Great Minds Pbc 401(k) Plan, Total assets ($B): 0.079587241 · Participants: 1382Great Minds Pbc 401(k) PlanDanaher Corporation & Subsidiaries Savings Plan, Total assets ($B): 6.46217777 · Participants: 23090Danaher Corporation & Subsidiaries Savings PlanGeico 401(k) Savings Plan, Total assets ($B): 6.227697332 · Participants: 30641Geico 401(k) Savings PlanFederal National Mortgage Association Retirement Savings Plan for Employees, Total assets ($B): 4.602350192 · Participants: 8108Federal National Mortgage Association Retirement Savings Plan for EmployeesFinra Savings Plus Plan, Total assets ($B): 2.487396082 · Participants: 4201Finra Savings Plus PlanHogan Lovells US LLP Retirement Savings Plan, Total assets ($B): 1.905912868 · Participants: 1973Hogan Lovells US LLP Retirement Savings Plan
Great Minds Pbc 401(k) Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Great Minds Pbc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside District of Columbia, the nearest 401(k) by assets is Ormat 401(k) Plan in NV ($80M); by covered participants it is Ranch and Home Supply, LLC 401(k) Plan in MT (1,382 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($80M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,382 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 Great Minds Pbc 401(k) Plan assets move in 2024?
Great Minds Pbc 401(k) Plan surged - up 31.3% during 2024, from $61M to $80M. Reported net income was $19M.
How have Great Minds Pbc plan assets changed over time?
Across 3 plan years on file (2022-2024), Great Minds Pbc's sponsor-wide assets grew 112.0%, from $38M to $80M.
Where does Great Minds Pbc 401(k) Plan rank by assets among Form 5500 filers?
Great Minds Pbc 401(k) Plan ranks in the 89th 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 Great Minds Pbc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ormat 401(k) Plan in NV ($80M, 753 participants).
Which 401(k) plans cover a similar participant headcount to Great Minds Pbc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ranch and Home Supply, LLC 401(k) Plan in MT (1,382 participants, $41M in assets).