Plan Snapshot
- Plan Sponsor: Growmark INC.
- Sponsor EIN: 370815318
- Sponsor Address: 1705 TOWANDA AVENUE, BLOOMINGTON, IL, 61701
- Plan Type: DB
- Total Participants: 4,156
- Total Assets: $1.1B
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 | 4,156 | $1.1B | $39.8M | $0 |
| 2023 | 4,082 | $1.0B | $41.2M | $0 |
| 2022 | 3,900 | $959.9M | $43.3M | $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 | $34,855 | — | $34,855 |
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: $34,855
- 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 | $1,933,726 | $1,528,168 | — | $34,855 | — |
| 2023 | $1,682,787 | $1,310,972 | — | $33,366 | — |
| 2022 | $1,635,305 | $1,375,580 | — | — | $259,725 |