Defined Benefit (Pension) · DOL Form 5500 · 2022

Growmark Inc. Pension Plan

Data updated 2026-08-25

$960M
Total assets Above avg plan size
3,722
Participants Above avg headcount
99th
Percentile by assets National rank
$257,891
Avg per participant Above avg balance/head
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Official DOL plan name: Group Retirement Income Plan No.16 · Sponsored by Growmark Inc. · Illinois · Agriculture, Forestry & Fishing

$960M in assets, 3,722 participants

Growmark Inc.'s Group Retirement Income Plan No.16 reported $960M in total assets and 3,722 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #1,522 in Agriculture, Forestry & Fishing (1,523 peers)

Coverage in Illinois

Group Retirement Income Plan No.16 covers 3,722 participants in Illinois, 4.8x the typical Illinois plan (state average ~779 per filing). Assets: $960M.

#1,522
in Agriculture, Forestry & Fishing (1,523 peers)
-12.7%
assets change YoY
9.6×
vs typical plan assets (national mean)

The plan reported a net loss of $140M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Group Retirement Income Plan No.16's outsized position by total assets

Group Retirement Income Plan No.16 vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$959,870,170 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Group Retirement Income Plan No.16's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Group Retirement Income Plan No.16 lands in the large band (3,722 participants).

EBSA filing schedule strip

Filing strip 370815318 · Growmark Inc. PY 2022 · Defined Benefit (Pension)

Group Retirement Income Plan No.16 · $960M · 3,722 · 99th

  • RANK $960M
  • PHOTO 3,722
  • IND 99th
  • EOY Defined Benefit (Pension)
  • 5500 near Ufcw Local 1262 & Employers Pension Fund
  • ASSETS ind #1522

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Illinois →

Group Retirement Income Plan No.16 in the asset neighbourhood

Desert States Employers & Ufcw Unions Pension PlanDesert States Employers & Uf…$960MUfcw Local 1262 & Employers Pension FundUfcw Local 1262 & Employers …$960MGroup Retirement Income Plan No.16Group Retirement Income Plan…$960MSheet Metal Workers' Pension Plan of Southern California Arizona and NevadaSheet Metal Workers' Pension…$957MInternational Union of Operating Engineers Pension Fund of Eastern Pennsylvania and DelawareInternational Union of Opera…$956M
End-of-year total assets ($M) among Group Retirement Income Plan No.16 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$959M
Net Income-$140M
Employer EIN370815318
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Growmark Inc.)

Sponsor-wide plan assets over time

All Growmark Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 16.208314169270118% vs 2022
2024 filing year
$2B$2.2B$2.4B$2.6B 202220232024 $2.16B $2.51B ▲ +16.2%
Year Plans Participants Total Assets
2022 4 14,453 $2.2B
2023 4 15,057 $2.3B
2024 4 15,396 $2.5B

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Group Retirement Income Plan No.16 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Group Retirement Income Plan No.16, Total assets ($B): 0.95987017 · Participants: 3722Group Retirement Income Plan No.16Central States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Group Retirement Income Plan No.16 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Group Retirement Income Plan No.16's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Ufcw Local 1262 & Employers Pension Fund in NJ ($960M); by covered participants it is Employees Retirement Plan of Hajoca Corporation in PA (3,724 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,722 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Group Retirement Income Plan No.16 assets move in 2022? ▼
Group Retirement Income Plan No.16 pulled back noticeably - down 12.7% during 2022, from $1.1B to $960M. Reported net income was -$140M.
How have Growmark Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Growmark Inc.'s sponsor-wide assets grew 16.2%, from $2.2B to $2.5B.
Where does Group Retirement Income Plan No.16 rank by assets among Form 5500 filers? ▼
Group Retirement Income Plan No.16 ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Group Retirement Income Plan No.16? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ufcw Local 1262 & Employers Pension Fund in NJ ($960M, 5,855 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Group Retirement Income Plan No.16? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees Retirement Plan of Hajoca Corporation in PA (3,724 participants, $394M in assets).