How big is Granite Group Retirement LLC's plan?

Granite Group Retirement LLC's plan reported $15.6M in assets and 215 participants for 2022.

Original filing (PDF)20240315064431NAL0000301552001

Granite Group Retirement LLC

Name: Granite Group Retirement LLC — Granite Group 401(k), Form 5500 (2022)
Creator: Granite Group Retirement LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Granite Group 401(k) PEP

401(k) retirement plan · Granite Group Retirement LLC's Granite Group 401(k) PEP held $15.6M in plan assets for 215 participants in 2022.

Signals · 4

Late filing · 4.0 mo29% in single holdingCorrective distributions issuedNo recordkeeper disclosed

Active participants

215

Accounts w/ balance

187

Plan assets (EOY)

$15.6M

Net assets (EOY)

$15.6M

Plan identifiers

Granite Group Retirement LLC's EIN is 84-1975097.

EIN 84-1975097

Plan number 020

Plan year 2022

ACK ID 20240315064431NAL0000301552001

Official Form 5500 document

Download the official 2022 Form 5500 (PDF) for Granite Group Retirement LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2022 Form 5500 (PDF)

Plan features

Granite Group Retirement LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for GRANITE GROUP RETIREMENT LLC.

Finding similar companies…

How this plan invests

This plan

22 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Filed 4.0 months past the 10.5-month grace window.
Corrective distributions issued (likely failed ADP/ACP testing).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (16th percentile).

Plan sponsor

Name

GRANITE GROUP RETIREMENT LLC

EIN

all filings

Address

1 LANDMARK SQUARE · STE 426 · STAMFORD, CT · 06901

Phone

(203) 210-7814

Industry

Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

020

Plan year

2022

Plan year begin

2022-01-01

Tax period

2022-12-31

Filed

2024-03-15

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

Service providers (Schedule C)

1 rows

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
GRANITE GROUP ADVISORS, LLC	90-0116073	—	ADVISOR	$15K	—

Investments

22 direct securities· $15.6M(100% of reported assets)

Other securities

$14.4M

17 holdings

Cash / Money Market

$659K

1 holding

Common Collective Trusts

$215K

2 holdings

Mutual Funds

$174K

1 holding

Bonds / Notes

$94K

1 holding

					% of plan
GGA Aggressive All Equity Class 1 Mutual Funds	Other securities	—	—	$4.5M	29.1%
GGA Conservative Balanced Class 1 Mutual Funds	Other securities	—	—	$3.4M	21.7%
BNY Mellon Global Real Return Fund - Class I Mutual Funds	Other securities	—	—	$2.2M	14.2%
Columbia Dividend Income Fund Institutional 3 Class Mutual Funds	Other securities	—	—	$864K	5.5%
GGA Moderate Balanced Class 1 Mutual Funds	Other securities	—	—	$854K	5.5%
Metropolitan West Total Return Bond Fund Plan Class Mutual Funds	Other securities	—	—	$689K	4.4%
Allspring 100% Treasury Money Market Fund - Class Inst Mutual Funds	Cash / Money Market	—	—	$659K	4.2%
GGA Aggressive Balanced Class 1 Mutual Funds	Other securities	—	—	$647K	4.1%
Victory INCORE Fund for Income Class R6 Mutual Funds	Other securities	—	—	$366K	2.3%
Allspring Special Mid Cap Value Fund - Class R6 Mutual Funds	Other securities	—	—	$187K	1.2%
Fidelity 500 Index Mutual Funds	Common Collective Trusts	—	—	$185K	1.2%
Permanent Portfolio Permanent Portfolio Class I Mutual Funds	Other securities	—	—	$179K	1.1%
American Funds New World Fund Class R-6 Mutual Funds	Mutual Funds	—	—	$174K	1.1%
JAG Large Cap Growth Fund Class R Mutual Funds	Other securities	—	—	$171K	1.1%
GGA Fixed Income Class 1 Mutual Funds	Other securities	—	—	$157K	1.0%
Notes receivable from participants Interest rates of 4.25% - 8.50% -	Bonds / Notes	—	—	$94K	0.6%
Carillon Eagle Mid Cap Growth Fund class R6 Mutual Funds	Other securities	—	—	$66K	0.4%
Pear Tree Polaris Foreign Value Fund Class R6 Mutual Funds	Other securities	—	—	$40K	0.3%
Allspring Discovery Small Cap Growth Fund - Class R6 Mutual Funds	Other securities	—	—	$36K	0.2%
Vanguard FTSE All-World ex-US Index Fund Admiral Shares Mutual Funds	Common Collective Trusts	—	—	$29K	0.2%
First Eagle High Income Fund Class I Mutual Funds	Other securities	—	—	$18K	0.1%
Calamos International Growth Fund Class R6 Mutual Funds	Other securities	—	—	$10K	<0.1%