Defined Benefit (Pension) · DOL Form 5500 · 2022

Nc Farm Bureau Mutual Insurance Company Pension Plan

Data updated 2026-08-11

$211M
Total assets
1,168
Participants
96th
Percentile by assets
$180,553
Avg per participant
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Official DOL plan name: Nc Farm Bureau Mutual Insurance Company Retirement Plan · Sponsored by Nc Farm Bureau Mutual Insurance Company · North Carolina · Finance & Insurance

$211M in assets, 1,168 participants

Nc Farm Bureau Mutual Insurance Company's Nc Farm Bureau Mutual Insurance Company Retirement Plan reported $211M in total assets and 1,168 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,596 in Finance & Insurance (9,261 peers)

Where Nc Farm Bureau Mutual Insurance Company Retirement Plan sits by assets

Nc Farm Bureau Mutual Insurance Company Retirement Plan sits in the top 5% of all filed plans by assets, $211M for 1,168 participants (~$180,553/participant), up 8.7% in 2022.

$211M
total plan assets (2022 EOY)
1,168
covered participants
96th
percentile by assets (of 139,126 plans)
$180,553
avg assets per participant

Nc Farm Bureau Mutual Insurance Company Retirement Plan vs the 2022 asset distribution

By assets, Nc Farm Bureau Mutual Insurance Company Retirement Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$194M
Net Assets (End of Year)$211M
Net Income$17M
Employer EIN560586973
Plan Effective Date1957-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nc Farm Bureau Mutual Insurance Company)

$240M$260M$280M$300M 202220232024 $251M $289M ▲ +15.1%
Total plan assets by year, all Nc Farm Bureau Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 2,437 $251M
2023 2 2,514 $271M
2024 2 2,735 $289M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Nc Farm Bureau Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Nc Farm Bureau Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Nc Farm Bureau Mutua…Honeywell Retirement…Truist Financial Cor…Duke Energy Legacy P…Duke Energy Retireme…Time Warner Cable Pe…
Nc Farm Bureau Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Nc Farm Bureau Mutual Insurance Company Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Nc Farm Bureau Mutual Insurance Company Retirement Plan assets move in 2022?
Nc Farm Bureau Mutual Insurance Company Retirement Plan grew at a solid clip - up 8.7% during 2022, from $194M to $211M. Reported net income was $17M.
How have Nc Farm Bureau Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Nc Farm Bureau Mutual Insurance Company's sponsor-wide assets grew 15.1%, from $251M to $289M.
Where does Nc Farm Bureau Mutual Insurance Company Retirement Plan rank by assets among Form 5500 filers?
Nc Farm Bureau Mutual Insurance Company Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Nc Farm Bureau Mutual Insurance Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Constellium Rolled Products Master Retirement Trus in WV ($211M, N/A participants).

Next read for Nc Farm Bureau Mutual Insurance Company …

Scale reading

Ways to act on Nc Farm Bureau Mutual Insurance Company Retirement Plan's numbers.

  • By total assets, Nc Farm Bureau Mutual Insurance Company Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
  • Nc Farm Bureau Mutual Insurance Company's sponsor-wide assets have grown 15.1% since 2022 across 3 plan years on file. More Finance & Insurance plans