Defined Benefit (Pension) · DOL Form 5500 · 2023
Grinnell Mutual Reinsurance Company Pension Plan
Data updated 2026-08-11
- $103M
- Total assets
- 291
- Participants
- 91st
- Percentile by assets
- $354,689
- Avg per participant
Official DOL plan name: Grinnell Mutual Retirement Plan · Sponsored by Grinnell Mutual Reinsurance Company · Iowa · Finance & Insurance
$103M in assets, 291 participants
Grinnell Mutual Reinsurance Company's Grinnell Mutual Retirement Plan reported $103M in total assets and 291 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 127,072 plans)
- #7,709 in Finance & Insurance (8,869 peers)
Coverage in Iowa
Grinnell Mutual Retirement Plan covers 291 participants in Iowa, about 48% of the average Iowa filer (state average ~609 per filing). Assets: $103M.
- $103M
- total plan assets (2023 EOY)
- 291
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $354,689
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Grinnell Mutual Retirement Plan reported net income rose from -$34M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Grinnell Mutual Retirement Plan reported participants fell from 305 in the plan year 2022 filing to 291 in the plan year 2023 filing.
- Grinnell Mutual Retirement Plan end-of-year assets rose from $100M in the plan year 2022 filing to $103M in the plan year 2023 filing.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Grinnell Mutual Retirement Plan reports 291 participants - about 48% of that state average ($103M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $100M |
|---|---|
| Net Assets (End of Year) | $103M |
| Net Income | $4M |
| Employer EIN | 420245990 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Grinnell Mutual Reinsurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,112 | $219M |
| 2023 | 2 | 1,106 | $238M |
| 2024 | 2 | 1,027 | $224M |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Grinnell Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
- Transamerica Pension Plan $2.3B · 6,519
- Principal Cash Balance Plan $1.7B · 12,492
- Midamerican Energy Company Retirement Plan $516M · 3,002
- Employers Mutual Casualty Company Retirement Plan $347M · 1,835
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $297M · 1,474
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Grinnell Mutual Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Grinnell Mutual Retirement Plan assets move in 2023? ▼
How have Grinnell Mutual Reinsurance Company plan assets changed over time? ▼
Where does Grinnell Mutual Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Grinnell Mutual Retirement Plan? ▼
Next read for Grinnell Mutual Retirement Plan
Filing takeaways
Ways to act on Grinnell Mutual Retirement Plan's numbers.
- By total assets, Grinnell Mutual Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Iowa. Compare plans
- Grinnell Mutual Reinsurance Company's sponsor-wide assets have grown 2.3% since 2022 across 3 plan years on file. More Finance & Insurance plans