Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Farmers Mutual Insurance Co. of Ne · Nebraska · Finance & Insurance

What the 2023 filing shows

Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan holds $80M for 274 participants — about $290,703 per participant, down 6.1% over the 2022 plan year.

$80M
total plan assets (2022 EOY)
274
covered participants
$290,703
avg assets per participant
-6.1%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$80M
Participants
274
State
Industry
Finance & Insurance

What the Filing Says About Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan

Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Farmers Mutual Insurance Co. of Ne, headquartered in Nebraska. As of the 2022 Form 5500 filing, the plan reports $80M in total end-of-year assets and covers 274 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 470157205, and the plan has been effective since 1954-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $85M at the beginning of 2022 to $80M at year-end — a decline of 6.1%. Net assets (after liabilities) closed the year at $80M, with reported net income of $-5,136,956 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$85M
Total Assets (End of Year)$80M
Net Assets (End of Year)$80M
Net Income$-5,136,956
Plan TypeDefined Benefit (Pension)
Employer EIN470157205
Plan Effective Date1954-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers Mutual Insurance Co. of Ne)

Year Plans Participants Total Assets
2022 2 576 $137M
2023 2 586 $161M
2024 2 610 $182M

Nearby Defined Benefit (Pension) Plans in Nebraska

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

Frequently Asked Questions

How much money is in the Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan?
As of the 2022 Form 5500 filing, Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan holds $80M in total assets with 274 participants. It is sponsored by Farmers Mutual Insurance Co. of Ne.
What type of plan is Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan?
Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1954-03-01. The plan is filed with the U.S. Department of Labor under EIN 470157205.
Who sponsors the Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan?
Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan is sponsored by Farmers Mutual Insurance Co. of Ne, located in Nebraska. The sponsor's EIN is 470157205 and the plan operates in the Finance & Insurance industry.
How did Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan perform in 2022?
Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan declined by 6.1% during 2022, moving from $85M to $80M in total assets. Net income was $-5,136,956.
Where can I find official filings for Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan?
Official Form 5500 filings for Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 470157205 or plan name at efast.dol.gov.
How does Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan compare to other plans?
You can compare Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Nebraska on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 470157205.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.