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 |
|---|---|---|---|---|
| RREEF AMERICA | NONE | $366,136 | — | $366,136 |
| UBS GLOBAL ASSET MANAGEMENT | NONE | $296,137 | — | $296,137 |
| CLARION PARTNERS | NONE | $287,602 | — | $287,602 |
| JP MORGAN INVESTMENT MANAGEMENT INC | NONE | $262,959 | — | $262,959 |
| AON CONSULTING | NONE | $252,360 | — | $252,360 |
| THE NORTHERN TRUST COMPANY | TRUSTEE | $152,392 | — | $152,392 |
| NISA INVESTMENT ADVISORS LLC | NONE | $130,727 | — | $130,727 |
| WELLINGTON TRUST COMPANY | NONE | $116,233 | — | $116,233 |
| MARQUETTE ASSOCIATES, INC. | NONE | $68,375 | — | $68,375 |
| RUBINBROWN LLP | NONE | $34,855 | — | $34,855 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS GLOBAL ASSET MANAGEMENT — NONE
- JP MORGAN INVESTMENT MANAGEMENT INC — NONE
- AON CONSULTING — NONE
- RUBINBROWN LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,967,776
- Estimated Expense Ratio: 0.184% 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 |