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Original filing (PDF)20250910081633NAL0020928577001
GRINNELL MUTUAL REINSURANCE COMPANY
Form 5500
FILING_RECEIVED
GRINNELL MUTUAL RETIREMENT PLAN
Defined-benefit pension plan
Signals · 2
54% in single holdingNo recordkeeper disclosed
Active participants
241
Accounts w/ balance
—
Plan assets (EOY)
$71.9M
Net assets (EOY)
$71.9M
How this plan invests
This plan
9 pooled trusts
Schedule D
9 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "[DFE: PRINCIPAL/MULTI-MANAGER LIABILITY DRIVEN SOLUTION CIT II (extraction pending)]" is 54% of plan.
- 35 bps in Schedule C fees — 121% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GRINNELL MUTUAL REINSURANCE COMPANY.
Plan sponsor
Name
GRINNELL MUTUAL REINSURANCE COMPANY
EIN
42-0245990
Address
4215 HIGHWAY 146 · GRINNELL, IA · 50112
Phone
(641) 236-6121
Industry
Finance & Insurancesee all
Plan administrator
Name
GRINNELL MUTUAL REINSURANCE CO. EXECUTIVE COMMITTEE
EIN
42-1424113
City
GRINNELL, IA
Phone
(641) 236-6121
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-10
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
MARSHALL VANDER LINDEN, CPA, PLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL TRUST COMPANY | 51-0099493 | — | NONE | $221K | — |
| USI CONSULTING GROUP | 06-1053228 | — | NONE | $33K | — |
Investments
9 pooled funds· $71.0M(99% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LIABILITY DRIVEN SOLUTION CIT II N PRINCIPAL · EIN 80-6049172 / PN 001 | Common Collective Trust | — | — | $38.6M | 53.7% | |
| LIABILITY DRIVEN SOLUTION CIT I N PRINCIPAL · EIN 30-6225619 / PN 001 | Common Collective Trust | — | — | $16.5M | 23.0% | |
| INTL EQUITY INDEX CIT N PRINCIPAL · EIN 52-2265229 / PN 001 | Common Collective Trust | — | — | $3.5M | 4.9% | |
| S&P 500 INDEX CIT N PRINCIPAL · EIN 94-3224211 / PN 001 | Common Collective Trust | — | — | $3.0M | 4.2% | |
| LARGE CAP GROWTH INDEX CIT N PRINCIPAL · EIN 52-2265232 / PN 001 | Common Collective Trust | — | — | $2.3M | 3.2% | |
| LARGE CAP VALUE INDEX CIT N PRINCIPAL · EIN 52-2265227 / PN 001 | Common Collective Trust | — | — | $2.3M | 3.1% | |
| S & P MID CAP INDEX CIT N PRINCIPAL · EIN 52-2265235 / PN 001 | Common Collective Trust | — | — | $1.9M | 2.7% | |
| LIABILITY DRIVEN SOLUTION CIT III N PRINCIPAL · EIN 46-7074916 / PN 001 | Common Collective Trust | — | — | $1.7M | 2.4% | |
| RUSSELL 2000 INDEX CIT N PRINCIPAL · EIN 52-2265233 / PN 001 | Common Collective Trust | — | — | $1.1M | 1.5% |