Employers › Growmark › plan 011
Recordkeeping fees per participant · Growmark 401(k) Plan · plan year 2024
$47.73
Higher than 47% of the 1,697 plans $250M to 1B that report it.
= $161,430 / 3,382
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250912132211NAL0001330737001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912132211NAL0001330737001, received 2025-09-12
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-12.
Administrative expenses excluding investment management, per participant
$67.14
Higher than 50% of the 2,324 plans $250M to 1B that report it.
= $227,079 / 3,382
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250912132211NAL0001330737001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912132211NAL0001330737001, received 2025-09-12
Administrative expenses per participant
$103.52
Higher than 61% of the 2,405 plans $250M to 1B that report it.
= $350,090 / 3,382
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912132211NAL0001330737001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912132211NAL0001330737001, received 2025-09-12
Administrative expenses as a share of assets
0.122%
Higher than 75% of the 2,407 plans $250M to 1B that report it.
= $350,090 / $286,364,438
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912132211NAL0001330737001, received 2025-09-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250912132211NAL0001330737001, received 2025-09-12
Employer contributions per participant
$506
Higher than 3% of the 2,457 plans $250M to 1B that report it.
= $1,711,380 / 3,382
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912132211NAL0001330737001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912132211NAL0001330737001, received 2025-09-12
Employer share of total contributions
9.4%
Higher than 3% of the 2,459 plans $250M to 1B that report it.
= $1,711,380 / $18,127,788
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912132211NAL0001330737001, received 2025-09-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250912132211NAL0001330737001, received 2025-09-12
99.3% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $444,399 ($234.92 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250912132211NAL0001330737001, received 2025-09-12
| Field | Value | Source |
|---|---|---|
| Plan sponsor | GROWMARK, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Plan name | GROWMARK 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Sponsor EIN / plan number | 37-0815318 / 011 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Sponsor location | BLOOMINGTON, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Industry (business code) | 115110, Agriculture, forestry, fishing and hunting | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Filing received | 2025-09-12 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Participants, beginning of year | 3,419 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Active participants | 2,276 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Participants, end of year | 3,550 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Participants with an account balance | 3,382 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Total assets, beginning of year | $250,347,012 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Total assets, end of year | $286,364,438 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Net assets, end of year | $286,364,438 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Total income | $62,029,219 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Net income | $35,936,055 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Employer contributions | $1,711,380 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Participant contributions | $14,199,601 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Other contributions (incl. rollovers) | $2,216,807 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Total contributions | $18,127,788 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Benefit payments | $25,727,978 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Total expenses (incl. benefit payments) | $26,093,164 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Total administrative expenses | $350,090 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Contract administrator fees | $3,300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Recordkeeping fees | $161,430 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| IQPA audit fees | $19,460 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Investment advisory and management fees | $123,011 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Administrative expenses excluding investment management | $227,079 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Held in master trusts | $284,306,320 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250912132211NAL0001330737001, received 2025-09-12 |
| Independent auditor | RUBIN BROWN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250912132211NAL0001330737001, received 2025-09-12 |
Position = column in the DOL layout for form year 2024. Filing 20250912132211NAL0001330737001, received 2025-09-12.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $164,730 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $123,011 | no |
| MARQUETTE ASSOCIATES | CONSULTANT | 16 Consulting (general) | $42,889 | no |
| RUBINBROWN, LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $19,460 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250912132211NAL0001330737001, received 2025-09-12.
GROWMARK 401(K) PLANS MASTER TRUST (EIN 370815318, PN 335): plan interest $284,306,320, 37.7% of the trust. The trust's own filing (20250912132602NAL0000845907001, received 2025-09-12) reports net assets $754,334,700, administrative expenses $1,179,099, recordkeeping fees $668,102, investment management fees $338,779 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $250,347,012 | $286,364,438 | 14.4% |
| Participants with a balance | 3,265 | 3,382 | 3.6% |
| Administrative expenses | $335,202 | $350,090 | 4.4% |
| Recordkeeping fees per participant | $49.37 | $47.73 | -3.3% |
| Employer contributions | $1,666,490 | $1,711,380 | 2.7% |
Prior filing 20241004101335NAL0019442864001, received 2024-10-04; the plan years are contiguous.