Defined Benefit (Pension) · DOL Form 5500 · 2024

Growmark Inc. Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
4,082
Participants Above avg headcount
99th
Percentile by assets National rank
$262,293
Avg per participant Above avg balance/head
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Official DOL plan name: Group Retirement Income Plan No.16 · Sponsored by Growmark Inc. · Illinois · Agriculture, Forestry & Fishing

$1.1B in assets, 4,082 participants

Growmark Inc.'s Group Retirement Income Plan No.16 reported $1.1B in total assets and 4,082 participants in its 2024 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.

  • #1,216 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Illinois

Group Retirement Income Plan No.16 covers 4,082 participants in Illinois, 5.2x the typical Illinois plan (state average ~779 per filing). Assets: $1.1B.

#1,216
in Agriculture, Forestry & Fishing (1,217 peers)
+5.4%
assets growth YoY
11×
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 2024 · DOL Form 5500

$1,070,680,478 Top 1% higher than 99% 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

Group Retirement Income Plan No.16'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. Group Retirement Income Plan No.16 lands in the large band (4,082 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Group Retirement Income Plan No.16 end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Group Retirement Income Plan No.16 reported participants rose from 3,900 in the plan year 2023 filing to 4,082 in the plan year 2024 filing.
  • Group Retirement Income Plan No.16 reported net income fell from $54M in the plan year 2023 filing to $53M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 370815318 · Growmark Inc. PY 2024 · Defined Benefit (Pension)

Group Retirement Income Plan No.16 · $1.1B · 4,082 · 99th

  • PHOTO $1.1B
  • IND 4,082
  • EOY 99th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Retirement System of the American National Red Cross
  • PCT ind #1216

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

Group Retirement Income Plan No.16Group Retirement Income Plan…$1.1BRetirement System of the American National Red CrossRetirement System of the Ame…$1.1BUnited Brotherhood of Carpenters Pension Fund United States SegmentUnited Brotherhood of Carpen…$1.1BMufg Bank, Ltd. Retirement PlanMufg Bank, Ltd. Retirement P…$1.1BOregon Retail Employees Pension PlanOregon Retail Employees Pens…$1.1B
End-of-year total assets ($B) among Group Retirement Income Plan No.16 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.1B
Net Income$53M
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. 01000020000300004000050000 -200204060 Total assets ($B) Participants Group Retirement Income Plan No.16, Total assets ($B): 1.070680478 · Participants: 4082Group Retirement Income Plan No.16Central States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Group Retirement Income Plan No.16 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

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 Retirement System of the American National Red Cross in DC ($1.1B); by covered participants it is Non-Contributory Retirement Program for Certain Empl of Bcbssc in SC (4,087 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,082 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 Group Retirement Income Plan No.16 assets move in 2024?
Group Retirement Income Plan No.16 grew at a solid clip - up 5.4% during 2024, from $1.0B to $1.1B. Reported net income was $53M.
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 123,622 plans that reported assets for plan year 2024 (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 Retirement System of the American National Red Cross in DC ($1.1B, 4,198 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 Non-Contributory Retirement Program for Certain Empl of Bcbssc in SC (4,087 participants, $1.2B in assets).