Defined Benefit (Pension) · DOL Form 5500 · 2023

Growmark Inc. Pension Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
3,900
Participants Above avg headcount
99th
Percentile by assets National rank
$260,572
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#1,287
in Agriculture, Forestry & Fishing (1,288 peers)
+5.9%
assets growth YoY
10×
vs typical plan assets (national mean)

Group Retirement Income Plan No.16's outsized position 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

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

Group Retirement Income Plan No.16's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Group Retirement Income Plan No.16 lands in the large band (3,900 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 370815318 · Growmark Inc. PY 2023 · Defined Benefit (Pension)

Group Retirement Income Plan No.16 · $1.0B · 3,900 · 99th

  • EBSA $1.0B
  • EBSA 3,900
  • EBSA 99th
  • EBSA Defined Benefit (Pension)
  • EBSA near Meijer Hourly Pension Plan
  • EBSA ind #1287

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Illinois →

Group Retirement Income Plan No.16 in the asset neighbourhood

Western Metal Industry Pension PlanWestern Metal Industry Pensi…$1.0BGroup Retirement Income Plan No.16Group Retirement Income Plan…$1.0BMeijer Hourly Pension Plan$1.0BOregon Retail Employees Pension PlanOregon Retail Employees Pens…$1.0BIron Workers District Council of So Oh & Vicinity Pension TrustIron Workers District Counci…$1.0B
End-of-year total assets ($B) among Group Retirement Income Plan No.16 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$960M
Net Assets (End of Year)$1.0B
Net Income$54M
Employer EIN370815318
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Growmark Inc.)

Sponsor-wide plan assets over time

All Growmark Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 16.208314169270118% vs 2022
2024 filing year
$2B$2.2B$2.4B$2.6B 202220232024 $2.16B $2.51B ▲ +16.2%
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 Scatter plot of 6 data points. 0100002000030000400005000060000 -200204060 Total assets ($B) Participants Group Retirement Income Plan No.16, Total assets ($B): 1.016229629 · Participants: 3900Group Retirement Income Plan No.16Central States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Group Retirement Income Plan No.16 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Group Retirement Income Plan No.16 side-by-side with 3 peers →

Group Retirement Income Plan No.16's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Meijer Hourly Pension Plan in MI ($1.0B); by covered participants it is Conocophillips Retirement Plan in TX (3,898 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,900 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 Group Retirement Income Plan No.16 assets move in 2023? ▼
Group Retirement Income Plan No.16 grew at a solid clip - up 5.9% during 2023, from $960M to $1.0B. Reported net income was $54M.
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.16 rank by assets among Form 5500 filers? ▼
Group Retirement Income Plan No.16 ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Group Retirement Income Plan No.16? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Meijer Hourly Pension Plan in MI ($1.0B, 6,939 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Group Retirement Income Plan No.16? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Conocophillips Retirement Plan in TX (3,898 participants, $1.4B 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 370815318.

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.