Defined Benefit (Pension) · DOL Form 5500 · 2022

United Farm Family Life Insurance Company Pension Plan

Data updated 2026-08-25

$233M
Total assets Near avg plan size
401
Participants Below avg headcount
96th
Percentile by assets National rank
$580,246
Avg per participant High balance/head
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Official DOL plan name: Indiana Farm Bureau Retirement Plan · Sponsored by United Farm Family Life Insurance Company · Indiana · Finance & Insurance

$233M in assets, 401 participants

United Farm Family Life Insurance Company's Indiana Farm Bureau Retirement Plan reported $233M in total assets and 401 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.

  • #8,645 in Finance & Insurance (9,261 peers)

Where Indiana Farm Bureau Retirement Plan sits by assets

Indiana Farm Bureau Retirement Plan sits in the top 5% of all filed plans by assets, $233M for 401 participants (~$580,246/participant), down 22.4% in 2022.

#8,645
in Finance & Insurance (9,261 peers)
-22.4%
assets change YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $67M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Indiana Farm Bureau Retirement Plan's outsized position by total assets

Indiana Farm Bureau Retirement Plan vs every filed plan by assets

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

$232,678,647 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Indiana Farm Bureau Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Indiana Farm Bureau Retirement Plan sits mid-pack in the medium band (401 participants).

Plan-year Form 5500 strip

Filing strip 351097117 · United Farm Family Life Insurance Company PY 2022 · Defined Benefit (Pension)

Indiana Farm Bureau Retirement Plan · $233M · 401 · 96th

  • EIN $233M
  • EIN 401
  • EIN 96th
  • EIN Defined Benefit (Pension)
  • EIN near The Teknor Apex Company Retirement Plan
  • EIN ind #8645

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Indiana →

Indiana Farm Bureau Retirement Plan in the asset neighbourhood

Valley National Bank Pension PlanValley National Bank Pension…$233MIndiana Farm Bureau Retirement PlanIndiana Farm Bureau Retireme…$233MThe Teknor Apex Company Retirement PlanThe Teknor Apex Company Reti…$233MTeamsters National Pipe Line Pension PlanTeamsters National Pipe Line…$233MUa Local 190 Pension Plan$233M
End-of-year total assets ($M) among Indiana Farm Bureau Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$300M
Net Assets (End of Year)$233M
Net Income-$67M
Employer EIN351097117
Plan Effective Date1940-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Farm Family Life Insurance Company)

Sponsor-wide plan assets over time

All United Farm Family Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$508M 6.177668310675801% vs 2022
2024 filing year
$470M$480M$490M$500M$510M$520M 202220232024 $479M $508M ▲ +6.2%
Year Plans Participants Total Assets
2022 2 1,740 $479M
2023 2 1,683 $500M
2024 2 1,678 $508M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Indiana Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Indiana Farm Bureau Retirement Plan, Total assets ($B): 0.232678647 · Participants: 401Indiana Farm Bureau Retirement PlanThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension Plan
Indiana Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Indiana Farm Bureau Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is The Teknor Apex Company Retirement Plan in RI ($233M); by covered participants it is Laborers Local 231 Pension Plan in IL (401 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($233M here).

Similar participant headcount

Nearest other-state filings by covered participants (401 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Indiana Farm Bureau Retirement Plan assets move in 2022?
Indiana Farm Bureau Retirement Plan declined sharply - down 22.4% during 2022, from $300M to $233M. Reported net income was -$67M.
How have United Farm Family Life Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), United Farm Family Life Insurance Company's sponsor-wide assets grew 6.2%, from $479M to $508M.
Where does Indiana Farm Bureau Retirement Plan rank by assets among Form 5500 filers?
Indiana Farm Bureau 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 Indiana Farm Bureau Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Teknor Apex Company Retirement Plan in RI ($233M, 927 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Indiana Farm Bureau Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Laborers Local 231 Pension Plan in IL (401 participants, $101M in assets).