401(k) · DOL Form 5500 · 2023

Growmark, Inc. 401(k) Plan

Data updated 2026-08-11

$250M
Total assets
2,275
Participants
96th
Percentile by assets
$110,043
Avg per participant
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Official DOL plan name: Growmark 401(k) Plan · Sponsored by Growmark, Inc. · Illinois · Agriculture, Forestry & Fishing

$250M in assets, 2,275 participants

Growmark, Inc.'s Growmark 401(k) Plan reported $250M in total assets and 2,275 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #1,273 in Agriculture, Forestry & Fishing (1,288 peers)

Coverage in Illinois

Growmark 401(k) Plan covers 2,275 participants in Illinois, 2.9x the typical Illinois plan (state average ~779 per filing). Assets: $250M.

$250M
total plan assets (2023 EOY)
2,275
covered participants
96th
percentile by assets (of 127,072 plans)
$110,043
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Growmark 401(k) Plan reported net income rose from -$53M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Growmark 401(k) Plan end-of-year assets rose from $215M in the plan year 2022 filing to $250M in the plan year 2023 filing.
  • Growmark 401(k) Plan reported participants fell from 2,293 in the plan year 2022 filing to 2,275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Growmark 401(k) Plan reports 2,275 participants - 2.9x that state average ($250M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$215M
Net Assets (End of Year)$250M
Net Income$35M
Employer EIN370815318
Plan Effective Date1986-07-01
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 401(k) Plans in Illinois

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

Growmark 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Growmark 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Growmark 401(k) PlanAccenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Growmark 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Growmark 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Growmark 401(k) Plan assets move in 2023?
Growmark 401(k) Plan grew sharply - up 16.2% during 2023, from $215M to $250M. Reported net income was $35M.
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 Growmark 401(k) Plan rank by assets among Form 5500 filers?
Growmark 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Growmark 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kforce 401(k) Retirement Savings Plan in FL ($250M, 10,135 participants).

Filing takeaways

Ways to act on Growmark 401(k) Plan's numbers.