401(k) · DOL Form 5500 · 2024

Granite Equity Partners 401(k) Plan

Data updated 2026-08-25

$283M
Total assets Near avg plan size
2,661
Participants Above avg headcount
96th
Percentile by assets National rank
$106,514
Avg per participant Below avg balance/head
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Official DOL plan name: Granite Retirement Savings Plan · Sponsored by Granite Equity Partners · Minnesota · Management of Enterprises

$283M in assets, 2,661 participants

Granite Equity Partners's Granite Retirement Savings Plan reported $283M in total assets and 2,661 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #983 in Management of Enterprises (1,133 peers)

Coverage in Minnesota

Granite Retirement Savings Plan covers 2,661 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $283M.

#983
in Management of Enterprises (1,133 peers)
+18.6%
assets growth YoY
2.8×
vs typical plan assets (national mean)

Granite Retirement Savings Plan's outsized position by total assets

Granite Retirement Savings Plan vs every filed plan by assets

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

$283,432,850 Top 4% higher than 96% 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 Retirement Savings 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. Granite Retirement Savings Plan lands in the large band (2,661 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Granite Retirement Savings Plan end-of-year assets rose from $239M in the plan year 2023 filing to $283M in the plan year 2024 filing.
  • Granite Retirement Savings Plan reported net income fell from $47M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Granite Retirement Savings Plan reported participants rose from 2,627 in the plan year 2023 filing to 2,661 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 061643578 · Granite Equity Partners PY 2024 · 401(k)

Granite Retirement Savings Plan · $283M · 2,661 · 96th

  • RANK $283M
  • PHOTO 2,661
  • IND 96th
  • EOY 401(k)
  • 5500 near Netsmart Technologies, Inc. 401(k) Plan
  • ASSETS ind #983

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 Management of Enterprises retirement plans → · Plans in Minnesota →

Granite Retirement Savings Plan in the asset neighbourhood

Williams Mullen Clark & Dobbins 401(k) Retirement PlanWilliams Mullen Clark & Dobb…$284MEagle Materials, Inc. Retirement PlanEagle Materials, Inc. Retire…$284MNeurocrine Biosciences, Inc. 401(k) Savings PlanNeurocrine Biosciences, Inc.…$284MNetsmart Technologies, Inc. 401(k) PlanNetsmart Technologies, Inc. …$284MGranite Retirement Savings PlanGranite Retirement Savings P…$283M
End-of-year total assets ($M) among Granite Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$239M
Net Assets (End of Year)$283M
Net Income$44M
Employer EIN061643578
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Granite Equity Partners)

Sponsor-wide plan assets over time

All Granite Equity Partners plans reported in each filing year

Latest sponsor-wide plan assets
$283M 47.55736218505855% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $192M $283M ▲ +47.6%
Year Plans Participants Total Assets
2022 1 2,262 $192M
2023 1 2,627 $239M
2024 1 2,661 $283M

Nearby 401(k) Plans in Minnesota

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

Granite Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Granite Retirement Savings Plan, Total assets ($B): 0.28343285 · Participants: 2661Granite Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Granite Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Granite Retirement Savings Plan side-by-side with 3 peers →

Granite Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Netsmart Technologies, Inc. 401(k) Plan in KS ($284M); by covered participants it is Lancaster Colony Corporation 401(k) Plan in OH (2,661 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($283M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,661 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 Retirement Savings Plan assets move in 2024? ▼
Granite Retirement Savings Plan grew sharply - up 18.6% during 2024, from $239M to $283M. Reported net income was $44M.
How have Granite Equity Partners plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Granite Equity Partners's sponsor-wide assets grew 47.6%, from $192M to $283M.
Where does Granite Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Granite Retirement Savings Plan ranks in the 96th 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 Granite Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Netsmart Technologies, Inc. 401(k) Plan in KS ($284M, 2,545 participants).
Which 401(k) plans cover a similar participant headcount to Granite Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lancaster Colony Corporation 401(k) Plan in OH (2,661 participants, $146M in assets).

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) - original filing retrieval by EIN 061643578.

Read our methodology - how this data is sourced, computed, and verified.

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