401(k) · DOL Form 5500 · 2024
Granite Equity Partners 401(k) Plan
Data updated 2026-08-11
- $283M
- Total assets
- 2,661
- Participants
- 96th
- Percentile by assets
- $106,514
- Avg per participant
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.
- 96th percentile by assets (of 123,622 plans)
- #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.
- $283M
- total plan assets (2024 EOY)
- 2,661
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $106,514
- avg assets per participant
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Granite Retirement Savings Plan reports 2,661 participants - 2.4x that state average ($283M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $239M |
|---|---|
| Net Assets (End of Year) | $283M |
| Net Income | $44M |
| Employer EIN | 061643578 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Granite Equity Partners)
| 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
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Granite Retirement Savings Plan by total assets, not by location.
- Netsmart Technologies, Inc. 401(k) Plan (KS) $284M · 2,545
- Neurocrine Biosciences, Inc. 401(k) Savings Plan (CA) $284M · 1,366
- Eagle Materials, Inc. Retirement Plan (TX) $284M · 2,401
- Williams Mullen Clark & Dobbins 401(k) Retirement Plan (VA) $284M · 371
Frequently Asked Questions
How did Granite Retirement Savings Plan assets move in 2024? ▼
How have Granite Equity Partners plan assets changed over time? ▼
Where does Granite Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Granite Retirement Savings Plan? ▼
Next read for Granite Retirement Savings Plan
Filing takeaways
Ways to act on Granite Retirement Savings Plan's numbers.
- By total assets, Granite 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 Minnesota. Compare plans
- Granite Equity Partners's sponsor-wide assets have grown 47.6% since 2022 across 3 plan years on file. More Management of Enterprises plans