401(k) · DOL Form 5500 · 2023

United Farm Family Life Insurance 401(k) Plan

Data updated 2026-08-25

$268M
Total assets Near avg plan size
1,319
Participants Near avg headcount
96th
Percentile by assets National rank
$203,522
Avg per participant Above avg balance/head
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Official DOL plan name: Indiana Farm Bureau Companies Employees' 401(k) Savings Plan · Sponsored by United Farm Family Life Insurance · Indiana · Finance & Insurance

$268M in assets, 1,319 participants

United Farm Family Life Insurance's Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported $268M in total assets and 1,319 participants in its 2023 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.

  • #8,257 in Finance & Insurance (8,869 peers)

Coverage in Indiana

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan covers 1,319 participants in Indiana, 2.4x the typical Indiana plan (state average ~541 per filing). Assets: $268M.

#8,257
in Finance & Insurance (8,869 peers)
+9.0%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan's outsized position by total assets

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs every filed plan by assets

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

$268,445,444 Top 4% higher than 96% 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

Indiana Farm Bureau Companies Employees' 401(k) Savings 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. Indiana Farm Bureau Companies Employees' 401(k) Savings Plan lands in the large band (1,319 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported net income rose from -$44M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Indiana Farm Bureau Companies Employees' 401(k) Savings Plan end-of-year assets rose from $246M in the plan year 2022 filing to $268M in the plan year 2023 filing.
  • Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported participants fell from 1,339 in the plan year 2022 filing to 1,319 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351097117 · United Farm Family Life Insurance PY 2023 · 401(k)

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan · $268M · 1,319 · 96th

  • EBSA $268M
  • EBSA 1,319
  • EBSA 96th
  • EBSA 401(k)
  • EBSA near Proampac Retirement Plan
  • EBSA ind #8257

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 Indiana →

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan in the asset neighbourhood

Open Pep$269MProampac Retirement Plan$268MIndiana Farm Bureau Companies Employees' 401(k) Savings PlanIndiana Farm Bureau Companie…$268MHumana Partnership Savings PlanHumana Partnership Savings P…$268MTradeweb Markets LLC 401(k) PlanTradeweb Markets LLC 401(k) …$268M
End-of-year total assets ($M) among Indiana Farm Bureau Companies Employees' 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$246M
Net Assets (End of Year)$268M
Net Income$22M
Employer EIN351097117
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Farm Family Life Insurance)

Sponsor-wide plan assets over time

All United Farm Family Life Insurance plans reported in each filing year

Latest sponsor-wide plan assets
$508M 6.177668310675801% vs 2022
2024 filing year
$470M$480M$490M$500M$510M$520M 202220232024 $479M $508M ▲ +6.2%
Year Plans Participants Total Assets
2022 2 1,740 $479M
2023 2 1,683 $500M
2024 2 1,678 $508M

Nearby 401(k) Plans in Indiana

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

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Indiana Farm Bureau Companies Employees' 401(k) Savings Plan, Total assets ($B): 0.268445444 · Participants: 1319Indiana Farm Bureau Companies Employees' 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Indiana Farm Bureau Companies Employees' 401(k) Savings Plan side-by-side with 3 peers →

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Proampac Retirement Plan in OH ($268M); by covered participants it is Mega International, LLC 401(k) Plan in CA (1,319 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($268M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,319 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 Indiana Farm Bureau Companies Employees' 401(k) Savings Plan assets move in 2023? ▼
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan grew at a solid clip - up 9.0% during 2023, from $246M to $268M. Reported net income was $22M.
How have United Farm Family Life Insurance plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Farm Family Life Insurance's sponsor-wide assets grew 6.2%, from $479M to $508M.
Where does Indiana Farm Bureau Companies Employees' 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Indiana Farm Bureau Companies Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Proampac Retirement Plan in OH ($268M, 3,973 participants).
Which 401(k) plans cover a similar participant headcount to Indiana Farm Bureau Companies Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mega International, LLC 401(k) Plan in CA (1,319 participants, $18M 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 351097117.

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.