Defined Benefit (Pension) · DOL Form 5500 · 2023

Farmers Mutual Hail Insurance Company of Iowa Pension Plan

Data updated 2026-08-25

N/A
Total assets
109
Participants Small participant base
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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

N/A in assets, 109 participants

Farmers Mutual Hail Insurance Company of Iowa's Farmers Mutual Hail Insurance Company of Iowa Retirement Plan reported N/A in total assets and 109 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

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: N/A.

-$42M
reported net income

The plan reported a net loss of $42M 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 among mid-size filed plans by headcount

Plan-year 2023 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).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farmers Mutual Hail Insurance Company of Iowa Retirement Plan reported net income fell from -$17M in the plan year 2022 filing to -$42M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 420245840 · Farmers Mutual Hail Insurance Company of Iowa PY 2023 · Defined Benefit (Pension)

Farmers Mutual Hail Insurance Company of Iowa Retirement Plan · N/A · 109

  • EIN N/A
  • RANK 109
  • PHOTO PY 2023
  • IND Defined Benefit (Pension)
  • EOY near The Glenmede Corporation Retirement Plan
  • 5500 -$42M

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 →

Iowa filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)N/A
Net Income-$42M
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 5 data points. 050001000015000 00.511.522.5 Total assets ($B) Participants Transamerica Pension Plan, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.297274074 · Participants: 1474Non-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

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

Outside Iowa, the nearest Defined Benefit (Pension) by covered participants is The Glenmede Corporation Retirement Plan in PA (109 participants; this filing: 109 participants).

Similar participant headcount

Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

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.
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 The Glenmede Corporation Retirement Plan in PA (109 participants, $101M in assets).