Plan Snapshot
- Plan Sponsor: Growmark INC.
- Sponsor EIN: 370815318
- Sponsor Address: 1705 TOWANDA AVENUE, BLOOMINGTON, IL, 61701
- Plan Type: DB
- Total Participants: 1,805
- Total Assets: $680.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,805 | $680.4M | $22.5M | $0 |
| 2023 | 1,802 | $667.6M | $19.0M | $0 |
| 2022 | 1,827 | $649.8M | $25.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS, LLC | NONE | $15,607,643 | — | $15,607,643 |
| AON CONSULTING | NONE | $475,633 | — | $475,633 |
| CLARION PARTNERS | NONE | $289,728 | — | $289,728 |
| UBS GLOBAL ASSET MANAGEMENT | NONE | $233,453 | — | $233,453 |
| RREEF AMERICA | NONE | $208,151 | — | $208,151 |
| JP MORGAN INVESTMENT MANAGEMENT INC | NONE | $198,372 | — | $198,372 |
| THE NORTHERN TRUST COMPANY | TRUSTEE | $129,248 | — | $129,248 |
| PACIFIC INVESTMENT MANAGEMENT CO. | NONE | $121,275 | — | $121,275 |
| MARQUETTE ASSOCIATES, INC. | NONE | $68,375 | — | $68,375 |
| RUBINBROWN LLP | NONE | $18,950 | — | $18,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING — NONE
- UBS GLOBAL ASSET MANAGEMENT — NONE
- JP MORGAN INVESTMENT MANAGEMENT INC — NONE
- RUBINBROWN LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,350,828
- Estimated Expense Ratio: 2.550% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,154,215 | $16,726,997 | $750 | $18,950 | — |
| 2023 | $2,014,412 | $1,004,280 | $750 | $18,541 | — |
| 2022 | $2,007,842 | $1,024,545 | $1,500 | — | $644,757 |