401(k) · DOL Form 5500 · 2023

Farmers Mutual Insurance Co. of Ne 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
307
Participants Below avg headcount
89th
Percentile by assets National rank
$228,597
Avg per participant Above avg balance/head
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Official DOL plan name: Farmers Mutual 401(k) Savings Plan · Sponsored by Farmers Mutual Insurance Co. of Ne · Nebraska · Finance & Insurance

$70M in assets, 307 participants

Farmers Mutual Insurance Co. of Ne's Farmers Mutual 401(k) Savings Plan reported $70M in total assets and 307 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,309 in Finance & Insurance (8,869 peers)

Where Farmers Mutual 401(k) Savings Plan sits by assets

Farmers Mutual 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $70M for 307 participants (~$228,597/participant), up 22.2% in 2023.

#7,309
in Finance & Insurance (8,869 peers)
+22.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Farmers Mutual 401(k) Savings Plan's outsized position by total assets

Farmers Mutual 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$70,179,192 Top 11% higher than 89% of 127,068 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 2023

Farmers Mutual 401(k) Savings 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 401(k) Savings Plan sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farmers Mutual 401(k) Savings Plan reported net income rose from -$10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Farmers Mutual 401(k) Savings Plan end-of-year assets rose from $57M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Farmers Mutual 401(k) Savings Plan reported participants rose from 302 in the plan year 2022 filing to 307 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 470157205 · Farmers Mutual Insurance Co. of Ne PY 2023 · 401(k)

Farmers Mutual 401(k) Savings Plan · $70M · 307 · 89th

  • SCH $70M
  • SCH 307
  • SCH 89th
  • SCH 401(k)
  • SCH near Calyx 401(k) Plan
  • SCH ind #7309

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 Nebraska →

Farmers Mutual 401(k) Savings Plan in the asset neighbourhood

Aluminum Precision Products, Inc. Employee Savings and Profit Sharing PlanAluminum Precision Products,…$70MFarmers Mutual 401(k) Savings PlanFarmers Mutual 401(k) Saving…$70MCalyx 401(k) Plan$70MQuantix Scs 401(k) Plan$70MRtc Retirement Plan$70M
End-of-year total assets ($M) among Farmers Mutual 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$70M
Net Income$13M
Employer EIN470157205
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers Mutual Insurance Co. of Ne)

Sponsor-wide plan assets over time

All Farmers Mutual Insurance Co. of Ne plans reported in each filing year

Latest sponsor-wide plan assets
$182M 32.7265775875065% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $137M $182M ▲ +32.7%
Year Plans Participants Total Assets
2022 2 576 $137M
2023 2 586 $161M
2024 2 610 $182M

Nearby 401(k) Plans in Nebraska

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

Farmers Mutual 401(k) Savings Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -202468 Total assets ($B) Participants Farmers Mutual 401(k) Savings Plan, Total assets ($B): 0.070179192 · Participants: 307Farmers Mutual 401(k) Savings PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 6.272854301 · Participants: 10652Hdr, Inc. Best Plan and ESOPPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 2.422593059 · Participants: 16947Peter Kiewit Sons, Inc. Retirement Savings PlanUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.265096577 · Participants: 5470Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 2.255128453 · Participants: 27770Union Pacific Agreement Employee 401(k) Retirement Thrift PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.926040387 · Participants: 5038First National of Nebraska, Inc. First Savings Plan
Farmers Mutual 401(k) Savings Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants
Compare Farmers Mutual 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Nebraska, the nearest 401(k) by assets is Calyx 401(k) Plan in NC ($70M); by covered participants it is Reliable Heating and Air 401(k) Plan in GA (307 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (307 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 did Farmers Mutual 401(k) Savings Plan assets move in 2023? ▼
Farmers Mutual 401(k) Savings Plan grew sharply - up 22.2% during 2023, from $57M to $70M. Reported net income was $13M.
How have Farmers Mutual Insurance Co. of Ne plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers Mutual Insurance Co. of Ne's sponsor-wide assets grew 32.7%, from $137M to $182M.
Where does Farmers Mutual 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Farmers Mutual 401(k) Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Farmers Mutual 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Calyx 401(k) Plan in NC ($70M, 474 participants).
Which 401(k) plans cover a similar participant headcount to Farmers Mutual 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Reliable Heating and Air 401(k) Plan in GA (307 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 470157205.

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.