Defined Benefit (Pension) · DOL Form 5500 · 2024

Growmark Inc. Pension Plan

Data updated 2026-07-24

$1.1B
Total assets: 4,082
Participants: 99th
Percentile by assets: $262,293
Avg per participant

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.

99th percentile by assets (of 116,472 plans)

Coverage in Illinois

Group Retirement Income Plan No.16 covers 4,082 participants in Illinois, 5.3x the typical Illinois plan (state average ~768 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY): 4,082
covered participants: 99th
percentile by assets (of 116,472 plans): $262,293
avg assets per participant

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 →

State

Illinois

Industry

Agriculture, Forestry & Fishing

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Group Retirement Income Plan No.16 reports 4,082 participants - 5.3x that state average ($1.1B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$1.0B
Net Assets (End of Year)	$1.1B
Net Income	$53M
Employer EIN	370815318
Plan Effective Date	1994-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Growmark Inc.)

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 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

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898

Compare Group Retirement Income Plan No.16 side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Group Retirement Income Plan No.16 by total assets, not by location.

United Brotherhood of Carpenters Pension Fund United States Segment (NV) $1.1B · 1,296
Mufg Bank, Ltd. Retirement Plan (NY) $1.1B · 4,727
Oregon Retail Employees Pension Plan (OR) $1.1B · 19,775
Milwaukee Drivers Pension Plan (WI) $1.1B · 2,366

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 116,472 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 United Brotherhood of Carpenters Pension Fund United States Segment in NV ($1.1B, 1,296 participants).

Next read for Group Retirement Income Plan No.16

Filing takeaways

Ways to act on Group Retirement Income Plan No.16's numbers.

By total assets, Group Retirement Income Plan No.16 ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Growmark Inc.'s sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Agriculture, Forestry & Fishing plans

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 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.