Granite Telecommunications 401(K) Plan — Form 5500 plan (Granite Telecommunications, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Granite Telecommunications 401(K) Plan is a benefit plan reported by Granite Telecommunications, LLC under EIN 04-3643290 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,750 participants and $166,784,331 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Granite Telecommunications, LLC
EIN
04-3643290
Plan number
001
Plan type
2
Location
Quincy, MA
Latest filing year
2023
Participants
2,750
End-of-year plan assets
$166,784,331

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,750H, C20241004074150NAL0006465923001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$166,784,331
Net assets (EOY)
$166,784,331
Net assets (BOY)
$129,692,015

Income & contributions

Employer contributions
$4,919,050
Participant contributions
$14,073,228
Total contributions
$19,437,660
Total income / additions
$45,644,387

Expenses & distributions

Benefits paid
$8,310,191
Administrative expenses
$220,346
Total expenses
$8,552,071
Net increase / (decrease)
$37,092,316

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$124,318$02023
Morgan StanleyINVESTMENT ADVISOR$90,000not reported in the loaded dataset2023
Citrin Cooperman & Company, LlpAUDITOR$5,000not reported in the loaded dataset2023
Charles Schwab & Co., IncSECURITIES BROKER$454$02023

Related Form 5500 pages