401(k) · DOL Form 5500 · 2022

United Fire & Casualty Company 401(k) Plan

Data updated 2026-08-11

$142M
Total assets
1,077
Participants
94th
Percentile by assets
$131,667
Avg per participant
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Official DOL plan name: United Fire Group 401(k) Plan · Sponsored by United Fire & Casualty Company · Iowa · Finance & Insurance

$142M in assets, 1,077 participants

United Fire & Casualty Company's United Fire Group 401(k) Plan reported $142M in total assets and 1,077 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #8,404 in Finance & Insurance (9,261 peers)

Where United Fire Group 401(k) Plan sits by assets

United Fire Group 401(k) Plan sits in the top 10% of all filed plans by assets, $142M for 1,077 participants (~$131,667/participant), down 14.4% in 2022.

$142M
total plan assets (2022 EOY)
1,077
covered participants
94th
percentile by assets (of 139,126 plans)
$131,667
avg assets per participant

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where United Fire Group 401(k) Plan sits by total assets

United Fire Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$141,804,895 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State

United Fire Group 401(k) Plan vs the 2022 asset distribution

By assets, United Fire Group 401(k) Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$166M
Net Assets (End of Year)$142M
Net Income-$24M
Employer EIN420644327
Plan Effective Date1989-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Fire & Casualty Company)

$360M$380M$400M$420M 202220232024 $372M $391M ▲ +5.3%
Total plan assets by year, all United Fire & Casualty Company plans on file
Year Plans Participants Total Assets
2022 2 1,912 $372M
2023 2 1,819 $415M
2024 2 1,490 $391M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

United Fire Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

United Fire Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants United Fire Group 40…The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
United Fire Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to United Fire Group 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did United Fire Group 401(k) Plan assets move in 2022?
United Fire Group 401(k) Plan pulled back noticeably - down 14.4% during 2022, from $166M to $142M. Reported net income was -$24M.
How have United Fire & Casualty Company plan assets changed over time?
Across 3 plan years on file (2022-2024), United Fire & Casualty Company's sponsor-wide assets grew 5.3%, from $372M to $391M.
Where does United Fire Group 401(k) Plan rank by assets among Form 5500 filers?
United Fire Group 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to United Fire Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Provident Bank 401(k) Plan in NJ ($142M, 1,158 participants).

Next read for United Fire Group 401(k) Plan

Scale reading

Ways to act on United Fire Group 401(k) Plan's numbers.