Plan Snapshot
- Plan Sponsor: Granite Construction Incorporated
- Sponsor EIN: 770239383
- Sponsor Address: P.O. BOX 50085, WATSONVILLE, CA, 950775085
- Plan Type: 401(k)
- Total Participants: 3,412
- Total Assets: $819.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,412 | $819.4M | $20.0M | $30.1M |
| 2023 | 3,318 | $737.1M | $18.6M | $28.1M |
| 2022 | 3,150 | $631.1M | $17.7M | $26.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WEAVER AND TIDWELL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $230,014 | $5,127 | — | — | — |
| 2023 | $210,928 | — | — | — | — |
| 2022 | $228,520 | — | — | — | $5,947 |