401(k) · DOL Form 5500 · 2024

Groundworks Operations, LLC 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
2,824
Participants Above avg headcount
87th
Percentile by assets National rank
$22,141
Avg per participant Low balance/head
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Official DOL plan name: Groundworks Operations, LLC 401(k) Plan · Sponsored by Groundworks Operations, LLC · Virginia · Construction

$63M in assets, 2,824 participants

Groundworks Operations, LLC's Groundworks Operations, LLC 401(k) Plan reported $63M in total assets and 2,824 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.

  • #7,651 in Construction (9,039 peers)

Coverage in Virginia

Groundworks Operations, LLC 401(k) Plan covers 2,824 participants in Virginia, 3.6x the typical Virginia plan (state average ~782 per filing). Assets: $63M.

#7,651
in Construction (9,039 peers)
+34.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Groundworks Operations, LLC 401(k) Plan's outsized position by total assets

Groundworks Operations, LLC 401(k) Plan vs every filed plan by assets

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

$62,525,547 Top 13% higher than 87% 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

Groundworks Operations, LLC 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. Groundworks Operations, LLC 401(k) Plan lands in the large band (2,824 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Groundworks Operations, LLC 401(k) Plan end-of-year assets rose from $47M in the plan year 2023 filing to $63M in the plan year 2024 filing.
  • Groundworks Operations, LLC 401(k) Plan reported participants rose from 2,457 in the plan year 2023 filing to 2,824 in the plan year 2024 filing.
  • Groundworks Operations, LLC 401(k) Plan reported net income rose from $16M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 812191541 · Groundworks Operations, LLC PY 2024 · 401(k)

Groundworks Operations, LLC 401(k) Plan · $63M · 2,824 · 87th

  • PCT $63M
  • EIN 2,824
  • RANK 87th
  • PHOTO 401(k)
  • IND near Berkeley Emergency Medical Group, Inc. Profit Sharing 401(k) Plan
  • EOY ind #7651

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 Construction retirement plans → · Plans in Virginia →

Groundworks Operations, LLC 401(k) Plan in the asset neighbourhood

Groendyke Transport Inc 401(k) PlanGroendyke Transport Inc 401(…$63MGroundworks Operations, LLC 401(k) PlanGroundworks Operations, LLC …$63MBerkeley Emergency Medical Group, Inc. Profit Sharing 401(k) PlanBerkeley Emergency Medical G…$63MJasper Ridge Partners, L.P. Retirement PlanJasper Ridge Partners, L.P. …$63MSangamo Therapeutics Inc. 401(k) Profit Sharing Plan and TrustSangamo Therapeutics Inc. 40…$63M
End-of-year total assets ($M) among Groundworks Operations, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$63M
Net Income$16M
Employer EIN812191541
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Groundworks Operations, LLC)

Sponsor-wide plan assets over time

All Groundworks Operations, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$63M 100.86116241329275% vs 2022
2024 filing year
$20M$30M$40M$50M$60M$70M 202220232024 $31.1M $62.5M ▲ +100.9%
Year Plans Participants Total Assets
2022 1 2,127 $31M
2023 1 2,457 $47M
2024 1 2,824 $63M

Nearby 401(k) Plans in Virginia

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

Groundworks Operations, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Groundworks Operations, LLC 401(k) Plan, Total assets ($B): 0.062525547 · Participants: 2824Groundworks Operations, LLC 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Groundworks Operations, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Groundworks Operations, LLC 401(k) Plan side-by-side with 3 peers →

Groundworks Operations, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Berkeley Emergency Medical Group, Inc. Profit Sharing 401(k) Plan in CA ($63M); by covered participants it is Cano Health 401(k) Plan in FL (2,823 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,824 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 Groundworks Operations, LLC 401(k) Plan assets move in 2024? ▼
Groundworks Operations, LLC 401(k) Plan surged - up 34.0% during 2024, from $47M to $63M. Reported net income was $16M.
How have Groundworks Operations, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Groundworks Operations, LLC's sponsor-wide assets grew 100.9%, from $31M to $63M.
Where does Groundworks Operations, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Groundworks Operations, LLC 401(k) 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 Groundworks Operations, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Berkeley Emergency Medical Group, Inc. Profit Sharing 401(k) Plan in CA ($63M, 54 participants).
Which 401(k) plans cover a similar participant headcount to Groundworks Operations, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cano Health 401(k) Plan in FL (2,823 participants, $24M 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 812191541.

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.