Defined Benefit (Pension) · DOL Form 5500 · 2022
Alfa Mutual Insurance Company Pension Plan
Data updated 2026-08-11
- $397M
- Total assets
- 1,054
- Participants
- 97th
- Percentile by assets
- $376,681
- Avg per participant
Official DOL plan name: Alabama Farmers Federation and Affiliated Companies Retirement Plan · Sponsored by Alfa Mutual Insurance Company · Alabama · Finance & Insurance
$397M in assets, 1,054 participants
Alfa Mutual Insurance Company's Alabama Farmers Federation and Affiliated Companies Retirement Plan reported $397M in total assets and 1,054 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #8,834 in Finance & Insurance (9,261 peers)
Coverage in Alabama
Alabama Farmers Federation and Affiliated Companies Retirement Plan covers 1,054 participants in Alabama, 2.9x the typical Alabama plan (state average ~360 per filing). Assets: $397M.
- $397M
- total plan assets (2022 EOY)
- 1,054
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $376,681
- avg assets per participant
The plan reported a net loss of $101M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Alabama Farmers Federation and Affiliated Companies Retirement Plan reports 1,054 participants - 2.9x that state average ($397M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $498M |
|---|---|
| Net Assets (End of Year) | $397M |
| Net Income | -$101M |
| Employer EIN | 630262164 |
| Plan Effective Date | 1976-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Alfa Mutual Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,262 | $610M |
| 2023 | 2 | 3,248 | $671M |
| 2024 | 2 | 3,240 | $732M |
Nearby Defined Benefit (Pension) Plans in Alabama
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Alabama Farmers Federation and Affiliated Companies Retirement Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
- Regions Financial Corporation Retirement Plan $1.2B · 309
- Regions Financial Corporation Retirement Plan for Associates $700M · 2,672
- Blue Cross and Blue Shield of Alabama Retirement Plan $655M · 2,154
- Vulcan Materials Company Pension Plan $503M · 879
- American Cast Iron Pipe Company Pension Plan $432M · 869
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Alabama Farmers Federation and Affiliated Companies Retirement Plan by total assets, not by location.
- San Diego County Construction Laborers' Pension Trust Fund (CA) $397M · 2,718
- Plumbers & Pipefitters Local No. 25 Pension Fund (IL) $397M · 896
- Local 272 Labor Management Pension Fund (NY) $398M · 4,690
- Iron Workers Pension Plan (NJ) $398M · 1,572
Frequently Asked Questions
How did Alabama Farmers Federation and Affiliated Companies Retirement Plan assets move in 2022? ▼
How have Alfa Mutual Insurance Company plan assets changed over time? ▼
Where does Alabama Farmers Federation and Affiliated Companies Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Alabama Farmers Federation and Affiliated Companies Retirement Plan? ▼
Next read for Alabama Farmers Federation and Affiliate…
Filing takeaways
Ways to act on Alabama Farmers Federation and Affiliated Companies Retirement Plan's numbers.
- By total assets, Alabama Farmers Federation and Affiliated Companies Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Alabama. Compare plans
- Alfa Mutual Insurance Company's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Finance & Insurance plans