401(k) · DOL Form 5500 · 2022
Michigan Farm Bureau 401(k) Plan
Data updated 2026-08-11
- $175M
- Total assets
- 1,163
- Participants
- 95th
- Percentile by assets
- $150,838
- Avg per participant
Official DOL plan name: Farm Bureau Employees' 401(k) Plan · Sponsored by Michigan Farm Bureau · Michigan · Agriculture, Forestry & Fishing
$175M in assets, 1,163 participants
Michigan Farm Bureau's Farm Bureau Employees' 401(k) Plan reported $175M in total assets and 1,163 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 95th percentile by assets (of 139,126 plans)
- #1,503 in Agriculture, Forestry & Fishing (1,523 peers)
Where Farm Bureau Employees' 401(k) Plan sits by assets
Farm Bureau Employees' 401(k) Plan sits in the top 5% of all filed plans by assets, $175M for 1,163 participants (~$150,838/participant), down 12.5% in 2022.
- $175M
- total plan assets (2022 EOY)
- 1,163
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $150,838
- avg assets per participant
The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Farm Bureau Employees' 401(k) Plan vs the 2022 asset distribution
By assets, Farm Bureau Employees' 401(k) Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $201M |
|---|---|
| Net Assets (End of Year) | $175M |
| Net Income | -$25M |
| Employer EIN | 381718391 |
| Plan Effective Date | 1997-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michigan Farm Bureau)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,443 | $448M |
| 2023 | 2 | 1,431 | $482M |
| 2024 | 2 | 1,420 | $523M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Farm Bureau Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Farm Bureau Employees' 401(k) Plan by total assets, not by location.
- Dxp Enterprises, Inc. 401(k) Retirement Plan (TX) $175M · 2,225
- Resurgens Orthopaedics 401(k) Retirement Plan (GA) $175M · 868
- Repsol Services Company 401(k) Plan (TX) $175M · 528
- Ps 401(k) Profit Sharing Plan (CA) $175M · 5,631
Frequently Asked Questions
How did Farm Bureau Employees' 401(k) Plan assets move in 2022? ▼
How have Michigan Farm Bureau plan assets changed over time? ▼
Where does Farm Bureau Employees' 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Farm Bureau Employees' 401(k) Plan? ▼
Next read for Farm Bureau Employees' 401(k) Plan
Scale reading
Ways to act on Farm Bureau Employees' 401(k) Plan's numbers.
- By total assets, Farm Bureau Employees' 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Michigan Farm Bureau's sponsor-wide assets have grown 16.7% since 2022 across 3 plan years on file. More Agriculture, Forestry & Fishing plans