401(k) · DOL Form 5500 · 2022

Alfa Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$213M
Total assets
2,208
Participants
96th
Percentile by assets
$96,556
Avg per participant
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Official DOL plan name: Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company · Sponsored by Alfa Mutual Insurance Company · Alabama · Finance & Insurance

$213M in assets, 2,208 participants

Alfa Mutual Insurance Company's Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported $213M in total assets and 2,208 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)
  • #8,606 in Finance & Insurance (9,261 peers)

Coverage in Alabama

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company covers 2,208 participants in Alabama, 6.1x the typical Alabama plan (state average ~360 per filing). Assets: $213M.

$213M
total plan assets (2022 EOY)
2,208
covered participants
96th
percentile by assets (of 139,126 plans)
$96,556
avg assets per participant

The plan reported a net loss of $47M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company sits by total assets

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs every filed plan by assets

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

$213,196,026 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Alabama
Industry
Finance & Insurance

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reports 2,208 participants - 6.1x that state average ($213M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$260M
Net Assets (End of Year)$213M
Net Income-$47M
Employer EIN630262164
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alfa Mutual Insurance Company)

$550M$600M$650M$700M$750M 202220232024 $610M $732M ▲ +20.0%
Total plan assets by year, all Alfa Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 3,262 $610M
2023 2 3,248 $671M
2024 2 3,240 $732M

Nearby 401(k) Plans in Alabama

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

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0100002000030000 00.511.522.53 Total assets ($B) Participants Savings and Profit S…, Total assets ($B): 0.213196026 · Participants: 2208Savings and Profit S…Regions Financial Co…, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Co…Encompass Health Cor…, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Cor…Hexagon Employee Ret…, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Ret…Vulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. I…, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. I…
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Savings and Profit Sharing Plan and Trus… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company by total assets, not by location.

Frequently Asked Questions

How did Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company assets move in 2022? ▼
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company declined sharply - down 18.1% during 2022, from $260M to $213M. Reported net income was -$47M.
How have Alfa Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Alfa Mutual Insurance Company's sponsor-wide assets grew 20.0%, from $610M to $732M.
Where does Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company rank by assets among Form 5500 filers? ▼
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company 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 Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company? ▼
Among 401(k) plans in other states, the closest by assets is Wind River Systems, Inc. 401(k) Plan in CA ($213M, 434 participants).

Next read for Savings and Profit Sharing Plan and Trus…

Filing takeaways

Ways to act on Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's numbers.

  • By total assets, Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company 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 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

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 630262164.

Read our methodology - how this data is sourced, computed, and verified.

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