Defined Benefit (Pension) · DOL Form 5500 · 2022

Growmark Inc. Pension Plan

Data updated 2026-08-11

$650M
Total assets
1,801
Participants
98th
Percentile by assets
$360,787
Avg per participant
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Official DOL plan name: Group Retirement Income Plan No. 8 · Sponsored by Growmark Inc. · Illinois · Agriculture, Forestry & Fishing

$650M in assets, 1,801 participants

Growmark Inc.'s Group Retirement Income Plan No. 8 reported $650M in total assets and 1,801 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #1,521 in Agriculture, Forestry & Fishing (1,523 peers)

Coverage in Illinois

Group Retirement Income Plan No. 8 covers 1,801 participants in Illinois, 2.3x the typical Illinois plan (state average ~779 per filing). Assets: $650M.

$650M
total plan assets (2022 EOY)
1,801
covered participants
98th
percentile by assets (of 139,126 plans)
$360,787
avg assets per participant

The plan reported a net loss of $108M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Group Retirement Income Plan No. 8 reports 1,801 participants - 2.3x that state average ($650M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$757M
Net Assets (End of Year)$649M
Net Income-$108M
Employer EIN370815318
Plan Effective Date1990-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Growmark Inc.)

$2B$2.2B$2.4B$2.6B 202220232024 $2.16B $2.51B ▲ +16.2%
Total plan assets by year, all Growmark Inc. plans on file
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. 8 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Group Retirement Income Plan No. 8 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 Inc…Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Group Retirement Income Plan No. 8 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Group Retirement Income Plan No. 8 by total assets, not by location.

Frequently Asked Questions

How did Group Retirement Income Plan No. 8 assets move in 2022?
Group Retirement Income Plan No. 8 pulled back noticeably - down 14.1% during 2022, from $757M to $650M. Reported net income was -$108M.
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. 8 rank by assets among Form 5500 filers?
Group Retirement Income Plan No. 8 ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Group Retirement Income Plan No. 8?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lafargeholcim US Pension Plan in MI ($650M, 1,358 participants).

Filing takeaways

Ways to act on Group Retirement Income Plan No. 8's numbers.