401(k) · DOL Form 5500 · 2022

Farmers Mutual Hail Insurance Company of Iowa 401(k) Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
554
Participants Below avg headcount
94th
Percentile by assets National rank
$219,042
Avg per participant Above avg balance/head
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Official DOL plan name: Farmers Mutual Hail Tax Deferred Savings Plan · Sponsored by Farmers Mutual Hail Insurance Company of Iowa · Iowa · Finance & Insurance

$121M in assets, 554 participants

Farmers Mutual Hail Insurance Company of Iowa's Farmers Mutual Hail Tax Deferred Savings Plan reported $121M in total assets and 554 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,314 in Finance & Insurance (9,261 peers)

Where Farmers Mutual Hail Tax Deferred Savings Plan sits by assets

Farmers Mutual Hail Tax Deferred Savings Plan sits in the top 10% of all filed plans by assets, $121M for 554 participants (~$219,042/participant), down 13.3% in 2022.

#8,314
in Finance & Insurance (9,261 peers)
-13.3%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers Mutual Hail Tax Deferred Savings Plan's outsized position by total assets

Farmers Mutual Hail Tax Deferred Savings Plan vs every filed plan by assets

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

$121,349,526 Top 6% higher than 94% 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

Farmers Mutual Hail Tax Deferred Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers Mutual Hail Tax Deferred Savings Plan sits mid-pack in the medium band (554 participants).

EBSA filing schedule strip

Filing strip 420245840 · Farmers Mutual Hail Insurance Company of Iowa PY 2022 · 401(k)

Farmers Mutual Hail Tax Deferred Savings Plan · $121M · 554 · 94th

  • PART $121M
  • PART 554
  • PART 94th
  • PART 401(k)
  • PART near Thornburg Investment Management, Incorporated 401(k) Plan
  • PART ind #8314

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 Iowa →

Farmers Mutual Hail Tax Deferred Savings Plan in the asset neighbourhood

Penn Engineering 401(k) Plan$121MFarmers Mutual Hail Tax Deferred Savings PlanFarmers Mutual Hail Tax Defe…$121MThornburg Investment Management, Incorporated 401(k) PlanThornburg Investment Managem…$121MAustin Powder 401(k) Profit Sharing PlanAustin Powder 401(k) Profit …$121MMcglinchey Stafford, PLLC Retirement Savings PlanMcglinchey Stafford, PLLC Re…$121M
End-of-year total assets ($M) among Farmers Mutual Hail Tax Deferred Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$121M
Net Income-$19M
Employer EIN420245840
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers Mutual Hail Insurance Company of Iowa)

Sponsor-wide plan assets over time

All Farmers Mutual Hail Insurance Company of Iowa plans reported in each filing year

Latest sponsor-wide plan assets
$172M 5.511612836872029% vs 2022
2024 filing year
$150M$160M$170M$180M 202220232024 $163M $172M ▲ +5.5%
Year Plans Participants Total Assets
2022 2 663 $163M
2023 2 666 $154M
2024 1 590 $172M

Nearby 401(k) Plans in Iowa

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

Farmers Mutual Hail Tax Deferred Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Farmers Mutual Hail Tax Deferred Savings Plan, Total assets ($B): 0.121349526 · Participants: 554Farmers Mutual Hail Tax Deferred Savings PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Farmers Mutual Hail Tax Deferred Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Farmers Mutual Hail Tax Deferred Savings Plan side-by-side with 3 peers →

Farmers Mutual Hail Tax Deferred Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Thornburg Investment Management, Incorporated 401(k) Plan in NM ($121M); by covered participants it is Adolfson & Peterson, Inc. Salary Savings Plan in MN (554 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (554 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 Farmers Mutual Hail Tax Deferred Savings Plan assets move in 2022? ▼
Farmers Mutual Hail Tax Deferred Savings Plan pulled back noticeably - down 13.3% during 2022, from $140M to $121M. Reported net income was -$19M.
How have Farmers Mutual Hail Insurance Company of Iowa plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers Mutual Hail Insurance Company of Iowa's sponsor-wide assets grew 5.5%, from $163M to $172M.
Where does Farmers Mutual Hail Tax Deferred Savings Plan rank by assets among Form 5500 filers? ▼
Farmers Mutual Hail Tax Deferred Savings Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Farmers Mutual Hail Tax Deferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Thornburg Investment Management, Incorporated 401(k) Plan in NM ($121M, 255 participants).
Which 401(k) plans cover a similar participant headcount to Farmers Mutual Hail Tax Deferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Adolfson & Peterson, Inc. Salary Savings Plan in MN (554 participants, $65M in assets).

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 420245840.

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.