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 |
|---|---|---|---|---|
| RUBIN BROWN LLP | Auditor | $18,950 | — | $18,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUBIN BROWN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,950
- Estimated Expense Ratio: 0.003% 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 |