401(k) · DOL Form 5500 · 2023
Michigan Farm Bureau 401(k) Plan
Data updated 2026-08-25
- $207M
- Total assets Near avg plan size
- 1,181
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $175,241
- Avg per participant Above avg balance/head
Official DOL plan name: Farm Bureau Employees' 401(k) Plan · Sponsored by Michigan Farm Bureau · Michigan · Agriculture, Forestry & Fishing
$207M in assets, 1,181 participants
Michigan Farm Bureau's Farm Bureau Employees' 401(k) Plan reported $207M in total assets and 1,181 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #1,270 in Agriculture, Forestry & Fishing (1,288 peers)
Where Farm Bureau Employees' 401(k) Plan sits by assets
Farm Bureau Employees' 401(k) Plan sits in the top 5% of all filed plans by assets, $207M for 1,181 participants (~$175,241/participant), up 18.0% in 2023.
- #1,270
- in Agriculture, Forestry & Fishing (1,288 peers)
- +18.0%
- assets growth YoY
- 2.1×
- vs typical plan assets (national mean)
Farm Bureau Employees' 401(k) Plan's outsized position by total assets
Farm Bureau Employees' 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$206,959,154 Top 5% higher than 95% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Farm Bureau Employees' 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farm Bureau Employees' 401(k) Plan lands in the large band (1,181 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Farm Bureau Employees' 401(k) Plan reported net income rose from -$25M in the plan year 2022 filing to $32M in the plan year 2023 filing.
- Farm Bureau Employees' 401(k) Plan end-of-year assets rose from $175M in the plan year 2022 filing to $207M in the plan year 2023 filing.
- Farm Bureau Employees' 401(k) Plan reported participants rose from 1,163 in the plan year 2022 filing to 1,181 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 381718391 · Michigan Farm Bureau PY 2023 · 401(k)
Farm Bureau Employees' 401(k) Plan · $207M · 1,181 · 95th
- 5500 $207M
- 5500 1,181
- 5500 95th
- 5500 401(k)
- 5500 near Beverage Distribution Savings Plan
- 5500 ind #1270
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 Agriculture, Forestry & Fishing retirement plans → · Plans in Michigan →
Farm Bureau Employees' 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $175M |
|---|---|
| Net Assets (End of Year) | $207M |
| Net Income | $32M |
| Employer EIN | 381718391 |
| Plan Effective Date | 1997-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michigan Farm Bureau)
Sponsor-wide plan assets over time
All Michigan Farm Bureau plans reported in each filing year
- Latest sponsor-wide plan assets
- $523M 16.74658971166747% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,443 | $448M |
| 2023 | 2 | 1,431 | $482M |
| 2024 | 2 | 1,420 | $523M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Farm Bureau Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Beverage Distribution Savings Plan in NJ ($207M); by covered participants it is Data Recognition Corporation Employees' Benefits Plan and Trust in MN (1,181 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($207M here).
- Beverage Distribution Savings Plan (NJ) $207M · 1,256
- Roche Bros. 401(k) and Profit Sharing Plan (MA) $207M · 2,530
- Bottomline Technologies 401(k) Plan (NH) $207M · 1,226
- Tompkins Retirement Savings Plan (NY) $207M · 1,038
Similar participant headcount
Nearest other-state filings by covered participants (1,181 participants); asset peers above are excluded.
- Data Recognition Corporation Employees' Benefits Plan and Trust (MN) 1,181 · 0 off
- Metrie 401(k) Retirement Savings Plan (WA) 1,181 · 0 off
- Sba Network Services, LLC 401(k) Profit Sharing Plan (FL) 1,181 · 0 off
- Premier Financial Corp. 401(k) Employee Savings Plan (OH) 1,181 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.