401(k) · DOL Form 5500 · 2024

Gridworks, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets: 224
Participants Below avg headcount: 53rd
Percentile by assets National rank: $39,182
Avg per participant Low balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Gridworks, Inc. 401(k) Plan · Sponsored by Gridworks, Inc. · New Mexico · Construction

$9M in assets, 224 participants

Gridworks, Inc.'s Gridworks, Inc. 401(k) Plan reported $9M in total assets and 224 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

#4,637 in Construction (9,039 peers)

Gridworks, Inc. multi-year trail

Gridworks, Inc.'s plans moved +170.3% in assets from 2022 to 2024; this filing shows Gridworks, Inc. 401(k) Plan at $9M / 224 participants.

#4,637
in Construction (9,039 peers): +41.5%
assets growth YoY

Gridworks, Inc. 401(k) Plan's mid-pack asset rank among Construction and all filers

Gridworks, Inc. 401(k) Plan vs every filed plan by assets

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

$8,776,818 Top 47% higher than 53% 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

Gridworks, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gridworks, Inc. 401(k) Plan sits mid-pack in the medium band (224 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Gridworks, Inc. 401(k) Plan reported participants rose from 129 in the plan year 2023 filing to 224 in the plan year 2024 filing.
Gridworks, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $9M in the plan year 2024 filing.
Gridworks, Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 271892742 · Gridworks, Inc. PY 2024 · 401(k)

Gridworks, Inc. 401(k) Plan · $9M · 224 · 53rd

PART $9M
PART 224
PART 53rd
PART 401(k)
PART near Jonathan Nehmer & Associates, Inc. 401(k) Profit Sharing Plan
PART ind #4637

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 New Mexico →

End-of-year total assets ($M) among Gridworks, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Gridworks, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $9M 170.28480731992138% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	139	$3M
2023	1	129	$6M
2024	1	224	$9M

Gridworks, Inc. filing trail (2024)

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$9M
Net Income	$3M
Employer EIN	271892742
Plan Effective Date	2011-05-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in New Mexico

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

Gridworks, Inc. 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants

Ntess Savings and Income Plan $7.2B · 15,926
Triad 401(k) Retirement Plan $2.5B · 11,744
Triad 401(k) Savings Plan $900M · 2,058
Txnm Energy, Inc. Retirement Savings Plan $827M · 1,631
Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $648M · 2,218

Compare Gridworks, Inc. 401(k) Plan side-by-side with 3 peers →

Gridworks, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is Jonathan Nehmer & Associates, Inc. 401(k) Profit Sharing Plan in MD ($9M); by covered participants it is Ideal Ready Mix Company 401(k) Plan in IA (224 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Jonathan Nehmer & Associates, Inc. 401(k) Profit Sharing Plan (MD) $9M · 38
Little River Band of Ottawa Indians 401(k) Profit Sharing Plan & Trust (MI) $9M · 183
Quality Switch Inc 401(k) Profit Sharing Plan & Trust (OH) $9M · 38
Seafield Center, Inc. 401(k) Plan and Trust (NY) $9M · 216

Similar participant headcount

Nearest other-state filings by covered participants (224 participants); asset peers above are excluded.

Ideal Ready Mix Company 401(k) Plan (IA) 224 · 0 off
Sezzle 401(k) Plan (MN) 224 · 0 off
Four Rivers Combined 401(k) Plan (KY) 224 · 0 off
Warrior 401(k) Plan (TX) 224 · 0 off

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 Gridworks, Inc. 401(k) Plan assets move in 2024? ▼

Gridworks, Inc. 401(k) Plan surged - up 41.5% during 2024, from $6M to $9M. Reported net income was $3M.

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

Across 3 plan years on file (2022-2024), Gridworks, Inc.'s sponsor-wide assets grew 170.3%, from $3M to $9M.

Which 401(k) plans are similar in size to Gridworks, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Jonathan Nehmer & Associates, Inc. 401(k) Profit Sharing Plan in MD ($9M, 38 participants).

Which 401(k) plans cover a similar participant headcount to Gridworks, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Ideal Ready Mix Company 401(k) Plan in IA (224 participants, N/A 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 271892742.