401(k) · DOL Form 5500 · 2022

Federal Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
39
Participants Small participant base
76th
Percentile by assets National rank
$468,913
Avg per participant High balance/head
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Official DOL plan name: Federal Life Savings and Profit Sharing Plan · Sponsored by Federal Life Insurance Company · Illinois · Finance & Insurance

$18M in assets, 39 participants

Federal Life Insurance Company's Federal Life Savings and Profit Sharing Plan reported $18M in total assets and 39 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,738 in Finance & Insurance (9,261 peers)

Where Federal Life Savings and Profit Sharing Plan sits by assets

Federal Life Savings and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $18M for 39 participants (~$468,913/participant), down 14.7% in 2022.

#5,738
in Finance & Insurance (9,261 peers)
-14.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Federal Life Savings and Profit Sharing Plan's outsized position by total assets

Federal Life Savings and Profit Sharing Plan vs every filed plan by assets

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

$18,287,625 Top 24% higher than 76% 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

Federal Life Savings and Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Federal Life Savings and Profit Sharing Plan is a small filing (39 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 361063550 · Federal Life Insurance Company PY 2022 · 401(k)

Federal Life Savings and Profit Sharing Plan · $18M · 39 · 76th

  • EBSA $18M
  • PART 39
  • TYPE 76th
  • NET 401(k)
  • BOOK near Atlanta Fork Lifts, Inc. 401(k) Profit Sharing Plan
  • VS-ST ind #5738

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 Illinois →

Federal Life Savings and Profit Sharing Plan in the asset neighbourhood

Federal Life Savings and Profit Sharing PlanFederal Life Savings and Pro…$18MAtlanta Fork Lifts, Inc. 401(k) Profit Sharing PlanAtlanta Fork Lifts, Inc. 401…$18MP. Flanigan and Sons 401(k) PlanP. Flanigan and Sons 401(k) …$18MBlume Global, Inc. 401(k) PlanBlume Global, Inc. 401(k) Pl…$18MApplause App Quality, Inc. 401(k) PlanApplause App Quality, Inc. 4…$18M
End-of-year total assets ($M) among Federal Life Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$18M
Net Income-$3M
Employer EIN361063550
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Federal Life Insurance Company)

Sponsor-wide plan assets over time

All Federal Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$17M 9.639392758764465% vs 2022
2024 filing year
$16M$17M$18M$19M 202220232024 $18.3M $16.5M ▼ -9.7%
Year Plans Participants Total Assets
2022 1 39 $18M
2023 1 37 $17M
2024 1 41 $17M

Nearby 401(k) Plans in Illinois

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

Federal Life Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Federal Life Savings and Profit Sharing Plan, Total assets ($B): 0.018287625 · Participants: 39Federal Life Savings and Profit Sharing PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Federal Life Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Federal Life Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Atlanta Fork Lifts, Inc. 401(k) Profit Sharing Plan in GA ($18M); by covered participants it is Patton Electronics Company 401(k) Plan in MD (39 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Federal Life Savings and Profit Sharing Plan assets move in 2022? ▼
Federal Life Savings and Profit Sharing Plan pulled back noticeably - down 14.7% during 2022, from $21M to $18M. Reported net income was -$3M.
How have Federal Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Federal Life Insurance Company's sponsor-wide assets declined 9.6%, from $18M to $17M.
Where does Federal Life Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Federal Life Savings and Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Federal Life Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Atlanta Fork Lifts, Inc. 401(k) Profit Sharing Plan in GA ($18M, 229 participants).
Which 401(k) plans cover a similar participant headcount to Federal Life Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Patton Electronics Company 401(k) Plan in MD (39 participants, N/A in assets).