Defined Benefit (Pension) · DOL Form 5500 · 2022

Fbl Financial Group, Inc. Pension Plan

Data updated 2026-08-11

$262M
Total assets
666
Participants
96th
Percentile by assets
$392,782
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Fbl Financial Group Retirement Plan · Sponsored by Fbl Financial Group, Inc. · Iowa · Finance & Insurance

$262M in assets, 666 participants

Fbl Financial Group, Inc.'s Fbl Financial Group Retirement Plan reported $262M in total assets and 666 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,695 in Finance & Insurance (9,261 peers)

Where Fbl Financial Group Retirement Plan sits by assets

Fbl Financial Group Retirement Plan sits in the top 5% of all filed plans by assets, $262M for 666 participants (~$392,782/participant), down 36.9% in 2022.

$262M
total plan assets (2022 EOY)
666
covered participants
96th
percentile by assets (of 139,126 plans)
$392,782
avg assets per participant

The plan reported a net loss of $153M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Fbl Financial Group Retirement Plan vs the 2022 asset distribution

By assets, Fbl Financial Group Retirement Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$415M
Net Assets (End of Year)$262M
Net Income-$153M
Employer EIN421411715
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fbl Financial Group, Inc.)

$250M$255M$260M$265M$270M$275M 202220232024 $262M $254M ▼ -3.1%
Total plan assets by year, all Fbl Financial Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 666 $262M
2023 1 572 $270M
2024 1 533 $254M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Fbl Financial Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Fbl Financial Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.522.5 Total assets ($B) Participants Fbl Financial Group …Transamerica Pension…Principal Cash Balan…Midamerican Energy C…Employers Mutual Cas…Non-Contributory Ret…
Fbl Financial Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Fbl Financial Group Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Fbl Financial Group Retirement Plan assets move in 2022?
Fbl Financial Group Retirement Plan contracted severely - down 36.9% during 2022, from $415M to $262M. Reported net income was -$153M.
How have Fbl Financial Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fbl Financial Group, Inc.'s sponsor-wide assets declined 3.1%, from $262M to $254M.
Where does Fbl Financial Group Retirement Plan rank by assets among Form 5500 filers?
Fbl Financial Group Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Fbl Financial Group Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Schneider Electric USA, Inc. Coordinated Bargaining Employees' Pension Plan in IL ($261M, 345 participants).

Next read for Fbl Financial Group Retirement Plan

Scale reading

Ways to act on Fbl Financial Group Retirement Plan's numbers.