Other · DOL Form 5500 · 2024
Groves Academy Retirement Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 140
- Participants Small participant base
- 59th
- Percentile by assets National rank
- $84,333
- Avg per participant Below avg balance/head
Official DOL plan name: Groves Academy Defined Contribution Retirement Plan · Sponsored by Groves Academy · Minnesota · Educational Services
$12M in assets, 140 participants
Groves Academy's Groves Academy Defined Contribution Retirement Plan reported $12M in total assets and 140 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.
- #1,539 in Educational Services (3,638 peers)
Coverage in Minnesota
Groves Academy Defined Contribution Retirement Plan covers 140 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.
- #1,539
- in Educational Services (3,638 peers)
- +5.9%
- assets growth YoY
Groves Academy Defined Contribution Retirement Plan's mid-pack asset rank among Educational Services and all filers
Groves Academy Defined Contribution Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,806,595 Top 41% higher than 59% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Groves Academy Defined Contribution Retirement 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. Groves Academy Defined Contribution Retirement Plan sits mid-pack in the medium band (140 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Groves Academy Defined Contribution Retirement Plan reported net income fell from $992K in the plan year 2023 filing to $654K in the plan year 2024 filing.
- Groves Academy Defined Contribution Retirement Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Groves Academy Defined Contribution Retirement Plan reported participants rose from 133 in the plan year 2023 filing to 140 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 410979871 · Groves Academy PY 2024 · Other
Groves Academy Defined Contribution Retirement Plan · $12M · 140 · 59th
- NET $12M
- NET 140
- NET 59th
- NET Other
- NET near Vistamar School Defined Contribution Retirement Plan
- NET ind #1539
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 Educational Services retirement plans → · Plans in Minnesota →
Groves Academy Defined Contribution Retirement Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | $654K |
| Employer EIN | 410979871 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Groves Academy)
Sponsor-wide plan assets over time
All Groves Academy plans reported in each filing year
- Latest sponsor-wide plan assets
- $12M 16.203121007748976% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 136 | $10M |
| 2023 | 1 | 133 | $11M |
| 2024 | 1 | 140 | $12M |
Nearby Other Plans in Minnesota
Peer Other plans, same state, same plan type, ranked by total assets.
- Mayo 403(b) Plan $12.8B · 85,933
- Childrens Hospitals and Clinics Matched Savings Plan $938M · 5,750
- Centracare Health System 403(b) Plan $867M · 8,227
- Carpenters & Joiners Defined Contribution Plan $811M · 22,289
- University of St. Thomas Retirement Plan $460M · 2,357
Groves Academy Defined Contribution Retirement Plan's out-of-state Other peers by assets and headcount
Outside Minnesota, the nearest Other by assets is Vistamar School Defined Contribution Retirement Plan in CA ($12M); by covered participants it is The Advocacy Alliance Retirement Plan in PA (140 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Vistamar School Defined Contribution Retirement Plan (CA) $12M · 58
- Nardin Academy Retirement Plan (NY) $12M · 124
- Christian Church Homes 403b Plan (CA) $12M · 282
- St. John's Country Day School 403(b) Plan (FL) $12M · 41
Similar participant headcount
Nearest other-state filings by covered participants (140 participants); asset peers above are excluded.
- The Advocacy Alliance Retirement Plan (PA) 140 · 0 off
- Arise Academy, Inc. 403(b) Plan (LA) 140 · 0 off
- Leslie Shankman School Corporation 403(b) Plan (IL) 140 · 0 off
- Broadway Services Inc. Retirement Plan (LA) 140 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.