Defined Benefit (Pension) · DOL Form 5500 · 2022

Farmers Mutual Hail Insurance Company of Iowa Pension Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
109
Participants Small participant base
86th
Percentile by assets National rank
$383,695
Avg per participant High balance/head
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Official DOL plan name: Farmers Mutual Hail Insurance Company of Iowa Retirement Plan · Sponsored by Farmers Mutual Hail Insurance Company of Iowa · Iowa · Finance & Insurance

$42M in assets, 109 participants

Farmers Mutual Hail Insurance Company of Iowa's Farmers Mutual Hail Insurance Company of Iowa Retirement Plan reported $42M in total assets and 109 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,247 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan covers 109 participants in Iowa, about 18% of the average Iowa filer (state average ~609 per filing). Assets: $42M.

#7,247
in Finance & Insurance (9,261 peers)
-29.0%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan's outsized position by total assets

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan vs every filed plan by assets

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

$41,822,748 Top 14% higher than 86% 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 Insurance Company of Iowa Retirement 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 Insurance Company of Iowa Retirement Plan sits mid-pack in the medium band (109 participants).

Form 5500 schedule snapshot

Filing strip 420245840 · Farmers Mutual Hail Insurance Company of Iowa PY 2022 · Defined Benefit (Pension)

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan · $42M · 109 · 86th

  • VS-ST $42M
  • VS-ST 109
  • VS-ST 86th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Xl America, Inc. Retirement Plan
  • VS-ST ind #7247

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 Insurance Company of Iowa Retirement Plan in the asset neighbourhood

Sheet Metal Workers Local No. 4 Pension PlanSheet Metal Workers Local No…$42MMagic Valley Regional Medical Center Pension PlanMagic Valley Regional Medica…$42MAmerican Printing House for the Blind New Retirement PlanAmerican Printing House for …$42MXl America, Inc. Retirement PlanXl America, Inc. Retirement …$42MFarmers Mutual Hail Insurance Company of Iowa Retirement PlanFarmers Mutual Hail Insuranc…$42M
End-of-year total assets ($M) among Farmers Mutual Hail Insurance Company of Iowa Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$42M
Net Income-$17M
Employer EIN420245840
Plan Effective Date1947-12-15
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 Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Farmers Mutual Hail Insurance Company of Iowa Retirement Plan, Total assets ($B): 0.041822748 · Participants: 109Farmers Mutual Hail Insurance Company of Iowa Retirement PlanTransamerica Pension Plan, Total assets ($B): 2.230658092 · Participants: 6789Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.549488797 · Participants: 11788Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.490129749 · Participants: 3321Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.320738549 · Participants: 2037Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.286934779 · Participants: 1641Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.
Farmers Mutual Hail Insurance Company of Iowa Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare Farmers Mutual Hail Insurance Company of Iowa Retirement Plan side-by-side with 3 peers →

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Xl America, Inc. Retirement Plan in CT ($42M); by covered participants it is First Colony Life Insurance Company Pension Plan in VA (109 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (109 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 Insurance Company of Iowa Retirement Plan assets move in 2022? ▼
Farmers Mutual Hail Insurance Company of Iowa Retirement Plan declined sharply - down 29.0% during 2022, from $59M to $42M. Reported net income was -$17M.
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 Insurance Company of Iowa Retirement Plan rank by assets among Form 5500 filers? ▼
Farmers Mutual Hail Insurance Company of Iowa Retirement Plan ranks in the 86th 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 Defined Benefit (Pension) plans are similar in size to Farmers Mutual Hail Insurance Company of Iowa Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Xl America, Inc. Retirement Plan in CT ($42M, 64 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Farmers Mutual Hail Insurance Company of Iowa Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is First Colony Life Insurance Company Pension Plan in VA (109 participants, N/A 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.