Defined Benefit (Pension) · DOL Form 5500 · 2022
Growmark Inc. Pension Plan
Data updated 2026-08-11
- $960M
- Total assets
- 3,722
- Participants
- 99th
- Percentile by assets
- $257,891
- Avg per participant
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.
- 99th percentile by assets (of 139,126 plans)
- #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.
- $960M
- total plan assets (2022 EOY)
- 3,722
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $257,891
- avg assets per participant
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.
Where Group Retirement Income Plan No.16 sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Group Retirement Income Plan No.16 reports 3,722 participants - 4.8x that state average ($960M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $959M |
| Net Income | -$140M |
| Employer EIN | 370815318 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Growmark Inc.)
| 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
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Group Retirement Income Plan No.16 by total assets, not by location.
- Ufcw Local 1262 & Employers Pension Fund (NJ) $960M · 5,855
- Desert States Employers & Ufcw Unions Pension Plan (AZ) $960M · 25,673
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada (CA) $957M · 4,520
- International Union of Operating Engineers Pension Fund of Eastern Pennsylvania and Delaware (PA) $956M · 2,860
Frequently Asked Questions
How did Group Retirement Income Plan No.16 assets move in 2022? ▼
How have Growmark Inc. plan assets changed over time? ▼
Where does Group Retirement Income Plan No.16 rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Group Retirement Income Plan No.16? ▼
Next read for Group Retirement Income Plan No.16
Filing takeaways
Ways to act on Group Retirement Income Plan No.16's numbers.
- By total assets, Group Retirement Income Plan No.16 ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- Growmark Inc.'s sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Agriculture, Forestry & Fishing plans