401(k) · DOL Form 5500 · 2024

Groschopp, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
162
Participants Small participant base
60th
Percentile by assets National rank
$76,166
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, 162 participants

Groschopp, Inc.'s Groschopp 401(k) Profit Sharing Plan reported $12M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,392 in Manufacturing (17,777 peers)

Coverage in Iowa

Groschopp 401(k) Profit Sharing Plan covers 162 participants in Iowa, about 27% of the average Iowa filer (state average ~609 per filing). Assets: $12M.

#8,392
in Manufacturing (17,777 peers)
+3.4%
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 2024 · DOL Form 5500

$12,338,914 Top 40% higher than 60% of 123,620 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 2024

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

Plan-year 2024 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 (162 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Groschopp 401(k) Profit Sharing Plan reported net income fell from $927K in the plan year 2023 filing to $410K in the plan year 2024 filing.
  • Groschopp 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Groschopp 401(k) Profit Sharing Plan reported participants rose from 159 in the plan year 2023 filing to 162 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 060954740 · Groschopp, Inc. PY 2024 · 401(k)

Groschopp 401(k) Profit Sharing Plan · $12M · 162 · 60th

  • VS-ST $12M
  • BOY 162
  • SCH 60th
  • EBSA 401(k)
  • PART near First Gilmer Bankshares Employee Savings Plan
  • TYPE ind #8392

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…$12MFirst Gilmer Bankshares Employee Savings PlanFirst Gilmer Bankshares Empl…$12MRaw Seafoods Retirement Plan$12MVested Hr Solutions, LLC Retirement Savings PlanVested Hr Solutions, LLC Ret…$12MDelta Group Electronics, Inc. 401(k) Retirement PlanDelta Group Electronics, Inc…$12M
End-of-year total assets ($M) among Groschopp 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income$410K
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 -20246 Total assets ($B) Participants Groschopp 401(k) Profit Sharing Plan, Total assets ($B): 0.012338914 · Participants: 162Groschopp 401(k) Profit Sharing PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 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 First Gilmer Bankshares Employee Savings Plan in TX ($12M); by covered participants it is Central Ohio Urology Group, Inc. 401(k) Profit Sharing Plan in OH (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Groschopp 401(k) Profit Sharing Plan edged up modestly - up 3.4% during 2024, from $12M to $12M. Reported net income was $410K.
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 First Gilmer Bankshares Employee Savings Plan in TX ($12M, 131 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 Central Ohio Urology Group, Inc. 401(k) Profit Sharing Plan in OH (162 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.