401(k) · DOL Form 5500 · 2023

Groschopp, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
159
Participants Small participant base
62nd
Percentile by assets National rank
$75,022
Avg per participant Below avg balance/head
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Official DOL plan name: Groschopp 401(k) Profit Sharing Plan · Sponsored by Groschopp, Inc. · Iowa · Manufacturing

$12M in assets, 159 participants

Groschopp, Inc.'s Groschopp 401(k) Profit Sharing Plan reported $12M in total assets and 159 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,280 in Manufacturing (18,722 peers)

Coverage in Iowa

Groschopp 401(k) Profit Sharing Plan covers 159 participants in Iowa, about 26% of the average Iowa filer (state average ~609 per filing). Assets: $12M.

#9,280
in Manufacturing (18,722 peers)
+8.4%
assets growth YoY

Groschopp 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Groschopp 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,928,486 Top 38% higher than 62% of 127,068 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 2023

Groschopp 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Groschopp 401(k) Profit Sharing Plan sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Groschopp 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $927K in the plan year 2023 filing.
  • Groschopp 401(k) Profit Sharing Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Groschopp 401(k) Profit Sharing Plan reported participants fell from 164 in the plan year 2022 filing to 159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 060954740 · Groschopp, Inc. PY 2023 · 401(k)

Groschopp 401(k) Profit Sharing Plan · $12M · 159 · 62nd

  • BOOK $12M
  • BOOK 159
  • BOOK 62nd
  • BOOK 401(k)
  • BOOK near Minact, Inc. Retirement Income Plan
  • BOOK ind #9280

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 Manufacturing retirement plans → · Plans in Iowa →

Groschopp 401(k) Profit Sharing Plan in the asset neighbourhood

Groschopp 401(k) Profit Sharing PlanGroschopp 401(k) Profit Shar…$12MMinact, Inc. Retirement Income PlanMinact, Inc. Retirement Inco…$12MIntercity Investments, Inc. 401(k) Profit Sharing PlanIntercity Investments, Inc. …$12MTfe, Inc. 401(k) Profit Sharing Plan and TrustTfe, Inc. 401(k) Profit Shar…$12MDj&a, P.C., Profit Sharing PlanDj&a, P.C., Profit Sharing P…$12M
End-of-year total assets ($M) among Groschopp 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$927K
Employer EIN060954740
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Groschopp, Inc.)

Sponsor-wide plan assets over time

All Groschopp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 12.156223191258098% vs 2022
2024 filing year
$10.5M$11M$11.5M$12M$12.5M 202220232024 $11M $12.3M ▲ +12.2%
Year Plans Participants Total Assets
2022 1 164 $11M
2023 1 159 $12M
2024 1 162 $12M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Groschopp 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Groschopp 401(k) Profit Sharing Plan, Total assets ($B): 0.011928486 · Participants: 159Groschopp 401(k) Profit Sharing PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Groschopp 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Groschopp 401(k) Profit Sharing Plan side-by-side with 3 peers →

Groschopp 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Minact, Inc. Retirement Income Plan in MS ($12M); by covered participants it is Visiting Angels 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (159 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Groschopp 401(k) Profit Sharing Plan assets move in 2023? ▼
Groschopp 401(k) Profit Sharing Plan grew at a solid clip - up 8.4% during 2023, from $11M to $12M. Reported net income was $927K.
How have Groschopp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Groschopp, Inc.'s sponsor-wide assets grew 12.2%, from $11M to $12M.
Which 401(k) plans are similar in size to Groschopp 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Minact, Inc. Retirement Income Plan in MS ($12M, 480 participants).
Which 401(k) plans cover a similar participant headcount to Groschopp 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Visiting Angels 401(k) Plan in PA (159 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 060954740.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.