401(k) · DOL Form 5500 · 2024

Growmark, Inc. 401(k) Plan

Data updated 2026-08-25

$475M
Total assets Above avg plan size
7,332
Participants Very large workforce
97th
Percentile by assets National rank
$64,768
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Growmark Member Cooperative 401(k) Savings Plan · Sponsored by Growmark, Inc. · Illinois · Agriculture, Forestry & Fishing

$475M in assets, 7,332 participants

Growmark, Inc.'s Growmark Member Cooperative 401(k) Savings Plan reported $475M in total assets and 7,332 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #1,210 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Illinois

Growmark Member Cooperative 401(k) Savings Plan covers 7,332 participants in Illinois, 9.4x the typical Illinois plan (state average ~779 per filing). Assets: $475M.

#1,210
in Agriculture, Forestry & Fishing (1,217 peers)
+16.3%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Growmark Member Cooperative 401(k) Savings Plan's outsized position by total assets

Growmark Member Cooperative 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$474,875,852 Top 3% higher than 97% 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

Growmark Member Cooperative 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Growmark Member Cooperative 401(k) Savings Plan lands in the large band (7,332 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Growmark Member Cooperative 401(k) Savings Plan end-of-year assets rose from $408M in the plan year 2023 filing to $475M in the plan year 2024 filing.
  • Growmark Member Cooperative 401(k) Savings Plan reported net income fell from $72M in the plan year 2023 filing to $67M in the plan year 2024 filing.
  • Growmark Member Cooperative 401(k) Savings Plan reported participants rose from 7,055 in the plan year 2023 filing to 7,332 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 370815318 · Growmark, Inc. PY 2024 · 401(k)

Growmark Member Cooperative 401(k) Savings Plan · $475M · 7,332 · 97th

  • RANK $475M
  • PHOTO 7,332
  • IND 97th
  • EOY 401(k)
  • 5500 near M. C. Dean, Inc. 401(k) Plan
  • ASSETS ind #1210

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 →

Growmark Member Cooperative 401(k) Savings Plan in the asset neighbourhood

M. C. Dean, Inc. 401(k) Plan$475MGrowmark Member Cooperative 401(k) Savings PlanGrowmark Member Cooperative …$475MDominion Energy Virginia 401(k) Plan for Union-Represented EmployeesDominion Energy Virginia 401…$474MJones Walker LLP Profit Sharing Retirement PlanJones Walker LLP Profit Shar…$474MAbsopure Water Company, Et Al. 401(k) Profit Sharing PlanAbsopure Water Company, Et A…$474M
End-of-year total assets ($M) among Growmark Member Cooperative 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$408M
Net Assets (End of Year)$475M
Net Income$67M
Employer EIN370815318
Plan Effective Date1988-04-01
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 401(k) Plans in Illinois

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

Growmark Member Cooperative 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -50510152025 Total assets ($B) Participants Growmark Member Cooperative 401(k) Savings Plan, Total assets ($B): 0.474875852 · Participants: 7332Growmark Member Cooperative 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Growmark Member Cooperative 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Growmark Member Cooperative 401(k) Savings Plan

Growmark Member Cooperative 401(k) Savings Plan reports $475M in end-of-year assets across 7,332 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $64,768 per participant (47% of the national average assets-per-participant) . Net income for plan year 2024 was $67M.

This plan identity (EIN 370815318, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $337M to $475M (+41.0%) while covered participants moved from 6,637 to 7,332 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,637 $337M Open filing
2023 7,055 $408M Open filing
2024 · index core 7,332 $475M This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Growmark Member Cooperative 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is M. C. Dean, Inc. 401(k) Plan in VA ($475M); by covered participants it is The Davey 401ksop and ESOP in OH (7,332 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,332 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 Growmark Member Cooperative 401(k) Savings Plan assets move in 2024?
Growmark Member Cooperative 401(k) Savings Plan grew sharply - up 16.3% during 2024, from $408M to $475M. Reported net income was $67M.
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 Member Cooperative 401(k) Savings Plan rank by assets among Form 5500 filers?
Growmark Member Cooperative 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 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 Member Cooperative 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is M. C. Dean, Inc. 401(k) Plan in VA ($475M, 5,425 participants).
Which 401(k) plans cover a similar participant headcount to Growmark Member Cooperative 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Davey 401ksop and ESOP in OH (7,332 participants, $448M in assets).