401(k) · DOL Form 5500 · 2024

Growmark, Inc. 401(k) Plan

Data updated 2026-08-06

$286M
Total assets
2,180
Participants
96th
Percentile by assets
$131,360
Avg per participant
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Official DOL plan name: Growmark 401(k) Plan · Sponsored by Growmark, Inc. · Illinois · Agriculture, Forestry & Fishing

$286M in assets, 2,180 participants

Growmark, Inc.'s Growmark 401(k) Plan reported $286M in total assets and 2,180 participants in its 2024 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 116,472 plans)
  • #1,135 in Agriculture, Forestry & Fishing (1,148 peers)

Coverage in Illinois

Growmark 401(k) Plan covers 2,180 participants in Illinois, 2.8x the typical Illinois plan (state average ~768 per filing). Assets: $286M.

$286M
total plan assets (2024 EOY)
2,180
covered participants
96th
percentile by assets (of 116,472 plans)
$131,360
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Growmark 401(k) Plan end-of-year assets rose from $250M in the plan year 2023 filing to $286M in the plan year 2024 filing.
  • Growmark 401(k) Plan reported participants fell from 2,275 in the plan year 2023 filing to 2,180 in the plan year 2024 filing.
  • Growmark 401(k) Plan reported net income rose from $35M in the plan year 2023 filing to $36M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Growmark 401(k) Plan reports 2,180 participants - 2.8x that state average ($286M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$250M
Net Assets (End of Year)$286M
Net Income$36M
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 -50510152025 Total assets ($B) Participants Growmark 401(k) PlanAccenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …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 2024?
Growmark 401(k) Plan grew at a solid clip - up 14.4% during 2024, from $250M to $286M. Reported net income was $36M.
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 116,472 plans that reported assets for plan year 2024 (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 Patient First 401(k) Plan in VA ($286M, 3,834 participants).

Filing takeaways

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