401(k) · DOL Form 5500 · 2024

Grote Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$63M
Total assets: 356
Participants: 87th
Percentile by assets: $176,467
Avg per participant

Official DOL plan name: Grote Industries Savings 401(k) and Salaried Employees Retirement Plan · Sponsored by Grote Industries, Inc. · Indiana · Manufacturing

$63M in assets, 356 participants

Grote Industries, Inc.'s Grote Industries Savings 401(k) and Salaried Employees Retirement Plan reported $63M in total assets and 356 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

87th percentile by assets (of 123,622 plans)
#14,334 in Manufacturing (17,777 peers)

Where Grote Industries Savings 401(k) and Salaried Employees Retirement Plan sits by assets

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan sits in the top quartile of all filed plans by assets, $63M for 356 participants (~$176,467/participant), up 17.2% in 2024.

$63M
total plan assets (2024 EOY): 356
covered participants: 87th
percentile by assets (of 123,622 plans): $176,467
avg assets per participant

Where Grote Industries Savings 401(k) and Salaried Employees Retirement Plan sits by total assets

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan vs every filed plan by assets

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

$62,822,103 Top 13% higher than 87% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan reported participants rose from 237 in the plan year 2023 filing to 356 in the plan year 2024 filing.
Grote Industries Savings 401(k) and Salaried Employees Retirement Plan reported net income fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.
Grote Industries Savings 401(k) and Salaried Employees Retirement Plan end-of-year assets rose from $54M in the plan year 2023 filing to $63M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Indiana

Industry

Manufacturing

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan vs the 2024 asset distribution

By assets, Grote Industries Savings 401(k) and Salaried Employees Retirement Plan outranks 87% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$54M
Net Assets (End of Year)	$63M
Net Income	$9M
Employer EIN	351048175
Plan Effective Date	1984-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Grote Industries, Inc.)

Total plan assets by year, all Grote Industries, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	224	$42M
2023	1	237	$54M
2024	1	356	$63M

Nearby 401(k) Plans in Indiana

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

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $13.1B · 19,977
Elevance Health 401(k) Plan $12.1B · 73,120
Cummins Retirement and Savings Plan $6.4B · 30,272
Iu Health 401(k) Savings Plan $4.5B · 38,460
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385

Compare Grote Industries Savings 401(k) and Sala… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Grote Industries Savings 401(k) and Salaried Employees Retirement Plan by total assets, not by location.

Hangley Aronchick Segal Pudlin & Schiller 401(k) Profit Sharing Plan (PA) $63M · 84
Mid-South Imaging & Therapeutics, PA Profit Sharing Plan (TN) $63M · 108
Deans & Homer 401(k) and Profit Sharing Plan (CA) $63M · 114
Waukesha Gas Engines 401(k) Plan (WI) $63M · 476

Frequently Asked Questions

How did Grote Industries Savings 401(k) and Salaried Employees Retirement Plan assets move in 2024? ▼

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan grew sharply - up 17.2% during 2024, from $54M to $63M. Reported net income was $9M.

How have Grote Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Grote Industries, Inc.'s sponsor-wide assets grew 48.0%, from $42M to $63M.

Where does Grote Industries Savings 401(k) and Salaried Employees Retirement Plan rank by assets among Form 5500 filers? ▼

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan ranks in the 87th 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 Grote Industries Savings 401(k) and Salaried Employees Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Hangley Aronchick Segal Pudlin & Schiller 401(k) Profit Sharing Plan in PA ($63M, 84 participants).

Next read for Grote Industries Savings 401(k) and Sala…

Scale reading

Ways to act on Grote Industries Savings 401(k) and Salaried Employees Retirement Plan's numbers.

By total assets, Grote Industries Savings 401(k) and Salaried Employees Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
Grote Industries, Inc.'s sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Manufacturing plans

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 351048175.