401k Plan data: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN plan

GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	003

GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP). Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)). Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

GRANITE CONSTRUCTION INCORPORATED has sponsored the creation of one or more 401k plans.

Company Name: GRANITE CONSTRUCTION INCORPORATED

Employer identification number (EIN): 770239383

NAIC Classification: 237310
NAIC Description: Highway, Street, and Bridge Construction

Additional information about GRANITE CONSTRUCTION INCORPORATED

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2220098

More information about GRANITE CONSTRUCTION INCORPORATED

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2012-01-01 RONALD L. GATTO ALAN MOVSON 2012-10-12
003 2011-01-01 RONALD L GATTO ALAN MOVSON 2012-10-12
003 2009-01-01 MARGARET WYNN LAUREL KRZEMINSKI 2010-10-12

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
003	2012-01-01	RONALD L. GATTO	ALAN MOVSON	2012-10-12
003	2011-01-01	RONALD L GATTO	ALAN MOVSON	2012-10-12
003	2009-01-01	MARGARET WYNN	LAUREL KRZEMINSKI	2010-10-12

Plan Statistics for GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2012: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 3,529
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 3,796
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 1,129
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2,400
Total of all active and inactive participants 2011-01-01 3,529
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 3,529
Number of participants with account balances 2011-01-01 3,499
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 4,537
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 1,527
Number of retired or separated participants receiving benefits 2009-01-01 104
Number of other retired or separated participants entitled to future benefits 2009-01-01 2,620
Total of all active and inactive participants 2009-01-01 4,251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 19
Total participants 2009-01-01 4,270
Number of participants with account balances 2009-01-01 4,240
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	3,529
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	3,796
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	1,129
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2,400
Total of all active and inactive participants	2011-01-01	3,529
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	3,529
Number of participants with account balances	2011-01-01	3,499
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	4,537
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	1,527
Number of retired or separated participants receiving benefits	2009-01-01	104
Number of other retired or separated participants entitled to future benefits	2009-01-01	2,620
Total of all active and inactive participants	2009-01-01	4,251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	19
Total participants	2009-01-01	4,270
Number of participants with account balances	2009-01-01	4,240
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2012 : GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-06-01	$-598,828
Total unrealized appreciation/depreciation of assets	2012-06-01	$-598,828
Total transfer of assets from this plan	2012-06-01	$-65,996,722
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-06-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-06-01	$0
Total income from all sources (including contributions)	2012-06-01	$-867,869
Total loss/gain on sale of assets	2012-06-01	$-1,059,077
Total of all expenses incurred	2012-06-01	$6,023,826
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-06-01	$5,998,755
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-06-01	$0
Value of total assets at end of year	2012-06-01	$0
Value of total assets at beginning of year	2012-06-01	$72,888,417
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-06-01	$25,071
Total interest from all sources	2012-06-01	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-06-01	$790,036
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-06-01	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-06-01	$0
Was this plan covered by a fidelity bond	2012-06-01	Yes
Value of fidelity bond cover	2012-06-01	$20,000,000
If this is an individual account plan, was there a blackout period	2012-06-01	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-06-01	$0
Were there any nonexempt tranactions with any party-in-interest	2012-06-01	No
Administrative expenses (other) incurred	2012-06-01	$25,071
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-06-01	No
Value of net income/loss	2012-06-01	$-6,891,695
Value of net assets at end of year (total assets less liabilities)	2012-06-01	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-06-01	$72,888,417
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-06-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-06-01	No
Were any leases to which the plan was party in default or uncollectible	2012-06-01	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-06-01	Yes
Was there a failure to transmit to the plan any participant contributions	2012-06-01	No
Has the plan failed to provide any benefit when due under the plan	2012-06-01	No
Assets. Invements in employer securities at end of year	2012-06-01	$0
Assets. Invements in employer securities at beginning of year	2012-06-01	$72,888,417
Income. Dividends from common stock	2012-06-01	$790,036
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-06-01	$5,998,755
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-06-01	Yes
Did the plan have assets held for investment	2012-06-01	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-06-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-06-01	Yes
Aggregate proceeds on sale of assets	2012-06-01	$72,020,244
Aggregate carrying amount (costs) on sale of assets	2012-06-01	$73,079,321
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-06-01	Yes
Opinion of an independent qualified public accountant for this plan	2012-06-01	Disclaimer
Accountancy firm name	2012-06-01	MOHLER, NIXON & WILLIAMS
Accountancy firm EIN	2012-06-01	770106234
2011 : GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-12,590,938
Total unrealized appreciation/depreciation of assets	2011-12-31	$-12,590,938
Total transfer of assets from this plan	2011-12-31	$1,057,192
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$-9,795,866
Total loss/gain on sale of assets	2011-12-31	$1,055,023
Total of all expenses incurred	2011-12-31	$13,722,796
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$13,637,996
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$72,888,417
Value of total assets at beginning of year	2011-12-31	$97,464,271
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$84,800
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$1,691,645
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Other income not declared elsewhere	2011-12-31	$48,404
Administrative expenses (other) incurred	2011-12-31	$84,800
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-23,518,662
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$72,888,417
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$97,464,271
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$72,888,417
Assets. Invements in employer securities at beginning of year	2011-12-31	$97,464,271
Income. Dividends from common stock	2011-12-31	$1,691,645
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$13,637,996
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$14,778,435
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$13,723,412
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	MOHLER, NIXON & WILLIAMS
Accountancy firm EIN	2011-12-31	770106234
2010 : GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$18,908,660
Total unrealized appreciation/depreciation of assets	2010-12-31	$18,908,660
Total transfer of assets from this plan	2010-12-31	$1,165,261
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$-22,373,447
Total loss/gain on sale of assets	2010-12-31	$-42,050,746
Total of all expenses incurred	2010-12-31	$11,196,581
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$11,174,252
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$97,464,271
Value of total assets at beginning of year	2010-12-31	$132,199,560
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$22,329
Total interest from all sources	2010-12-31	$8
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$768,032
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$30,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$0
Other income not declared elsewhere	2010-12-31	$599
Administrative expenses (other) incurred	2010-12-31	$22,329
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$-33,570,028
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$97,464,271
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$132,199,560
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$78
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$78
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$8
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$97,464,271
Assets. Invements in employer securities at beginning of year	2010-12-31	$132,199,482
Income. Dividends from common stock	2010-12-31	$768,032
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$11,174,252
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	Yes
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$94,149,113
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$136,199,859
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	MOHLER, NIXON & WILLIAMS
Accountancy firm EIN	2010-12-31	770106234
2009 : GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN

2012: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: GRANITE CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

GRANITE CONSTRUCTION PROFIT SHARING AND 401(K) PLAN (GUAM) [EIN = 660772461]

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Company Name:	GRANITE CONSTRUCTION INCORPORATED
Employer identification number (EIN):	770239383
NAIC Classification:	237310
NAIC Description:	Highway, Street, and Bridge Construction

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2220098