Defined Benefit (Pension) · DOL Form 5500 · 2023
Alfa Mutual Insurance Company Pension Plan
Data updated 2026-08-25
- $429M
- Total assets Above avg plan size
- 929
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $462,005
- Avg per participant High balance/head
Official DOL plan name: Alabama Farmers Federation and Affiliated Companies Retirement Plan · Sponsored by Alfa Mutual Insurance Company · Alabama · Finance & Insurance
$429M in assets, 929 participants
Alfa Mutual Insurance Company's Alabama Farmers Federation and Affiliated Companies Retirement Plan reported $429M in total assets and 929 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #8,425 in Finance & Insurance (8,869 peers)
Coverage in Alabama
Alabama Farmers Federation and Affiliated Companies Retirement Plan covers 929 participants in Alabama, 2.6x the typical Alabama plan (state average ~360 per filing). Assets: $429M.
- #8,425
- in Finance & Insurance (8,869 peers)
- +8.1%
- assets growth YoY
- 4.3×
- vs typical plan assets (national mean)
Alabama Farmers Federation and Affiliated Companies Retirement Plan's outsized position by total assets
Alabama Farmers Federation and Affiliated Companies Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$429,202,980 Top 3% higher than 97% 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
Alabama Farmers Federation and Affiliated Companies Retirement 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. Alabama Farmers Federation and Affiliated Companies Retirement Plan sits mid-pack in the medium band (929 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Alabama Farmers Federation and Affiliated Companies Retirement Plan reported net income rose from -$101M in the plan year 2022 filing to $32M in the plan year 2023 filing.
- Alabama Farmers Federation and Affiliated Companies Retirement Plan reported participants fell from 1,054 in the plan year 2022 filing to 929 in the plan year 2023 filing.
- Alabama Farmers Federation and Affiliated Companies Retirement Plan end-of-year assets rose from $397M in the plan year 2022 filing to $429M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 630262164 · Alfa Mutual Insurance Company PY 2023 · Defined Benefit (Pension)
Alabama Farmers Federation and Affiliated Companies Retirement Plan · $429M · 929 · 97th
- PCT $429M
- EIN 929
- RANK 97th
- PHOTO Defined Benefit (Pension)
- IND near Teamsters' Local 301 Pension Plan
- EOY ind #8425
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 Alabama →
Alabama Farmers Federation and Affiliated Companies Retirement Plan in the asset neighbourhood
Alabama filing particulars
| Total Assets (Beginning of Year) | $397M |
|---|---|
| Net Assets (End of Year) | $429M |
| Net Income | $32M |
| Employer EIN | 630262164 |
| Plan Effective Date | 1976-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Alfa Mutual Insurance Company)
Sponsor-wide plan assets over time
All Alfa Mutual Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $732M 19.983253423841074% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,262 | $610M |
| 2023 | 2 | 3,248 | $671M |
| 2024 | 2 | 3,240 | $732M |
Nearby Defined Benefit (Pension) Plans in Alabama
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Regions Financial Corporation Retirement Plan $1.2B · 292
- Blue Cross and Blue Shield of Alabama Retirement Plan $737M · 2,014
- Regions Financial Corporation Retirement Plan for Associates $716M · 2,395
- Vulcan Materials Company Pension Plan $508M · 776
- American Cast Iron Pipe Company Pension Plan $440M · 832
Alabama Farmers Federation and Affiliated Companies Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Alabama, the nearest Defined Benefit (Pension) by assets is Teamsters' Local 301 Pension Plan in IL ($429M); by covered participants it is Jones Day Qualified Defined Benefit Plan in OH (929 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($429M here).
- Teamsters' Local 301 Pension Plan (IL) $429M · 743
- Steamfitters Industry Pension Fund (NY) $430M · 2,090
- Consolidated Communications Retirement Plan (TX) $428M · 1,470
- Sfb Casualty Ins Co Retirement Plan (MS) $431M · 1,492
Similar participant headcount
Nearest other-state filings by covered participants (929 participants); asset peers above are excluded.
- Jones Day Qualified Defined Benefit Plan (OH) 929 · 0 off
- National Fuel Gas Company Retirement Plan (NY) 930 · 1 off
- West Fraser, Inc. Pension Plan (TN) 931 · 2 off
- Forest Lawn Retirement Plan (CA) 931 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.