401(k)
2024 plan-year 401(k) DOL Form 5500

Gridtek 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by The Goldfield Corporation and Subsidiaries ยท Florida ยท Management of Enterprises

What the 2023 filing shows

Gridtek 401(k) Plan holds $20M for 557 participants - about $35,939 per participant, up 26.7% over the 2024 plan year.

$20M
total plan assets (2024 EOY)
557
covered participants
$35,939
avg assets per participant
+26.7%
assets growth YoY
Total Assets (2023)
$20M
Participants
557
State
Industry
Management of Enterprises

What the Filing Says About Gridtek 401(k) Plan

Gridtek 401(k) Plan is a 401(k) retirement plan sponsored by The Goldfield Corporation and Subsidiaries, headquartered in Florida. As of the 2024 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 557 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 880031580, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2024 to $20M at year-end โ€” a gain of 26.7%. Net assets (after liabilities) closed the year at $20M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$16M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$4M
Plan Type401(k)
Employer EIN880031580
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Goldfield Corporation and Subsidiaries)

Year Plans Participants Total Assets
2022 1 326 $13M
2023 1 456 $16M
2024 1 557 $20M

Nearby 401(k) Plans in Florida

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Frequently Asked Questions

How much money is in the Gridtek 401(k) Plan?
As of the 2024 Form 5500 filing, Gridtek 401(k) Plan holds $20M in total assets with 557 participants. It is sponsored by The Goldfield Corporation and Subsidiaries.
What type of plan is Gridtek 401(k) Plan?
Gridtek 401(k) Plan is a 401(k) plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 880031580.
Who sponsors the Gridtek 401(k) Plan?
Gridtek 401(k) Plan is sponsored by The Goldfield Corporation and Subsidiaries, located in Florida. The sponsor's EIN is 880031580 and the plan operates in the Management of Enterprises industry.
How did Gridtek 401(k) Plan perform in 2024?
Gridtek 401(k) Plan grew by 26.7% during 2024, moving from $16M to $20M in total assets. Net income was $4M.
Where can I find official filings for Gridtek 401(k) Plan?
Official Form 5500 filings for Gridtek 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 880031580 or plan name at efast.dol.gov.
How does Gridtek 401(k) Plan compare to other plans?
You can compare Gridtek 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 880031580.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.