401(k) · DOL Form 5500 · 2023

United Farm Family Life Insurance 401(k) Plan

Data updated 2026-08-11

$268M
Total assets: 1,319
Participants: 96th
Percentile by assets: $203,522
Avg per participant

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.

96th percentile by assets (of 127,072 plans)
#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.

$268M
total plan assets (2023 EOY): 1,319
covered participants: 96th
percentile by assets (of 127,072 plans): $203,522
avg assets per participant

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 →

State

Indiana

Industry

Finance & Insurance

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reports 1,319 participants - 2.4x that state average ($268M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)	$246M
Net Assets (End of Year)	$268M
Net Income	$22M
Employer EIN	351097117
Plan Effective Date	1991-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (United Farm Family Life Insurance)

Total plan assets by year, all United Farm Family Life Insurance plans on file

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

The Lilly Employee 401(k) Plan $11.1B · 17,583
Elevance Health 401(k) Plan $11.0B · 76,590
Cummins Retirement and Savings Plan $5.7B · 28,381
Iu Health 401(k) Savings Plan $3.9B · 38,575
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015

Compare Indiana Farm Bureau Companies Employees'… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Indiana Farm Bureau Companies Employees' 401(k) Savings Plan by total assets, not by location.

Proampac Retirement Plan (OH) $268M · 3,973
Humana Partnership Savings Plan (KY) $268M · 9,085
Tradeweb Markets LLC 401(k) Plan (NY) $268M · 798
Open Pep (NJ) $269M · 12,600

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).

Next read for Indiana Farm Bureau Companies Employees'…

Filing takeaways

Ways to act on Indiana Farm Bureau Companies Employees' 401(k) Savings Plan's numbers.

By total assets, Indiana Farm Bureau Companies Employees' 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
United Farm Family Life Insurance's sponsor-wide assets have grown 6.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.