401(k) · DOL Form 5500 · 2022
Federal Life Insurance Company 401(k) Plan
Data updated 2026-08-11
- $18M
- Total assets
- 39
- Participants
- 76th
- Percentile by assets
- $468,913
- Avg per participant
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.
- 76th percentile by assets (of 139,126 plans)
- #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.
- $18M
- total plan assets (2022 EOY)
- 39
- covered participants
- 76th
- percentile by assets (of 139,126 plans)
- $468,913
- avg assets per participant
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.
Where Federal Life Savings and Profit Sharing Plan sits 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
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 vs the 2022 asset distribution
By assets, Federal Life Savings and Profit Sharing Plan outranks 76% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | -$3M |
| Employer EIN | 361063550 |
| Plan Effective Date | 1985-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Federal Life Insurance Company)
| 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
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Federal Life Savings and Profit Sharing Plan by total assets, not by location.
- Atlanta Fork Lifts, Inc. 401(k) Profit Sharing Plan (GA) $18M · 229
- P. Flanigan and Sons 401(k) Plan (MD) $18M · 99
- Blume Global, Inc. 401(k) Plan (CA) $18M · N/A
- Applause App Quality, Inc. 401(k) Plan (MA) $18M · 293
Frequently Asked Questions
How did Federal Life Savings and Profit Sharing Plan assets move in 2022? ▼
How have Federal Life Insurance Company plan assets changed over time? ▼
Where does Federal Life Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Federal Life Savings and Profit Sharing Plan? ▼
Next read for Federal Life Savings and Profit Sharing …
Scale reading
Ways to act on Federal Life Savings and Profit Sharing Plan's numbers.
- By total assets, Federal Life Savings and Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Federal Life Insurance Company's sponsor-wide assets have declined 9.6% since 2022 across 3 plan years on file. More Finance & Insurance plans