401(k) · DOL Form 5500 · 2022

United Farm Family Life Insurance 401(k) Plan

Data updated 2026-08-11

$246M
Total assets
1,339
Participants
96th
Percentile by assets
$183,867
Avg per participant
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Official DOL plan name: Indiana Farm Bureau Companies Employees' 401(k) Savings Plan · Sponsored by United Farm Family Life Insurance · Indiana · Finance & Insurance

$246M in assets, 1,339 participants

United Farm Family Life Insurance's Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported $246M in total assets and 1,339 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)
  • #8,673 in Finance & Insurance (9,261 peers)

Coverage in Indiana

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan covers 1,339 participants in Indiana, 2.5x the typical Indiana plan (state average ~541 per filing). Assets: $246M.

$246M
total plan assets (2022 EOY)
1,339
covered participants
96th
percentile by assets (of 139,126 plans)
$183,867
avg assets per participant

The plan reported a net loss of $44M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reports 1,339 participants - 2.5x that state average ($246M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$290M
Net Assets (End of Year)$246M
Net Income-$44M
Employer EIN351097117
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Farm Family Life Insurance)

$470M$480M$490M$500M$510M$520M 202220232024 $479M $508M ▲ +6.2%
Total plan assets by year, all United Farm Family Life Insurance plans on file
Year Plans Participants Total Assets
2022 2 1,740 $479M
2023 2 1,683 $500M
2024 2 1,678 $508M

Nearby 401(k) Plans in Indiana

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

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Indiana Farm Bureau …Elevance Health 401(…The Lilly Employee 4…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Indiana Farm Bureau Companies Employees' 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Indiana Farm Bureau Companies Employees' 401(k) Savings Plan assets move in 2022?
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan declined sharply - down 15.0% during 2022, from $290M to $246M. Reported net income was -$44M.
How have United Farm Family Life Insurance plan assets changed over time?
Across 3 plan years on file (2022-2024), United Farm Family Life Insurance's sponsor-wide assets grew 6.2%, from $479M to $508M.
Where does Indiana Farm Bureau Companies Employees' 401(k) Savings Plan rank by assets among Form 5500 filers?
Indiana Farm Bureau Companies Employees' 401(k) Savings 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 401(k) plans are similar in size to Indiana Farm Bureau Companies Employees' 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Liquor and Allied Workers Union Local No. 3, Emp in IL ($246M, 1,266 participants).

Next read for Indiana Farm Bureau Companies Employees'…

Filing takeaways

Ways to act on Indiana Farm Bureau Companies Employees' 401(k) Savings Plan's numbers.

  • By total assets, Indiana Farm Bureau Companies Employees' 401(k) Savings 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 Indiana. Compare plans
  • United Farm Family Life Insurance's sponsor-wide assets have grown 6.2% since 2022 across 3 plan years on file. More Finance & Insurance plans