Defined Benefit (Pension) · DOL Form 5500 · 2023
Growmark Inc. Pension Plan
Data updated 2026-08-11
- $1.0B
- Total assets
- 3,900
- Participants
- 99th
- Percentile by assets
- $260,572
- Avg per participant
Official DOL plan name: Group Retirement Income Plan No.16 · Sponsored by Growmark Inc. · Illinois · Agriculture, Forestry & Fishing
$1.0B in assets, 3,900 participants
Growmark Inc.'s Group Retirement Income Plan No.16 reported $1.0B in total assets and 3,900 participants in its 2023 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 127,072 plans)
- #1,287 in Agriculture, Forestry & Fishing (1,288 peers)
Coverage in Illinois
Group Retirement Income Plan No.16 covers 3,900 participants in Illinois, 5.0x the typical Illinois plan (state average ~779 per filing). Assets: $1.0B.
- $1.0B
- total plan assets (2023 EOY)
- 3,900
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $260,572
- avg assets per participant
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 2023 · DOL Form 5500
$1,016,229,629 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Group Retirement Income Plan No.16 reported net income rose from -$140M in the plan year 2022 filing to $54M in the plan year 2023 filing.
- Group Retirement Income Plan No.16 end-of-year assets rose from $960M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
- Group Retirement Income Plan No.16 reported participants rose from 3,722 in the plan year 2022 filing to 3,900 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Group Retirement Income Plan No.16 reports 3,900 participants - 5.0x that state average ($1.0B EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $960M |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $54M |
| 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 $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
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.
- Meijer Hourly Pension Plan (MI) $1.0B · 6,939
- Oregon Retail Employees Pension Plan (OR) $1.0B · 20,043
- Iron Workers District Council of So Oh & Vicinity Pension Trust (OH) $1.0B · 2,992
- Western Metal Industry Pension Plan (WA) $1.0B · 1,360
Frequently Asked Questions
How did Group Retirement Income Plan No.16 assets move in 2023? ▼
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