401(k) · DOL Form 5500 · 2023
Alfa Mutual Insurance Company 401(k) Plan
Data updated 2026-08-25
- $242M
- Total assets Near avg plan size
- 2,319
- Participants Above avg headcount
- 95th
- Percentile by assets National rank
- $104,426
- Avg per participant Below avg balance/head
Official DOL plan name: Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company · Sponsored by Alfa Mutual Insurance Company · Alabama · Finance & Insurance
$242M in assets, 2,319 participants
Alfa Mutual Insurance Company's Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported $242M in total assets and 2,319 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.
- #8,210 in Finance & Insurance (8,869 peers)
Coverage in Alabama
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company covers 2,319 participants in Alabama, 6.4x the typical Alabama plan (state average ~360 per filing). Assets: $242M.
- #8,210
- in Finance & Insurance (8,869 peers)
- +13.6%
- assets growth YoY
- 2.4×
- vs typical plan assets (national mean)
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's outsized position by total assets
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$242,164,617 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
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company'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. Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company lands in the large band (2,319 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported net income rose from -$47M in the plan year 2022 filing to $29M in the plan year 2023 filing.
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company end-of-year assets rose from $213M in the plan year 2022 filing to $242M in the plan year 2023 filing.
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported participants rose from 2,208 in the plan year 2022 filing to 2,319 in the plan year 2023 filing.
DOL schedule card
Filing strip 630262164 · Alfa Mutual Insurance Company PY 2023 · 401(k)
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company · $242M · 2,319 · 95th
- NET $242M
- BOOK 2,319
- VS-ST 95th
- BOY 401(k)
- SCH near Extreme Networks 401(k) Plan
- EBSA ind #8210
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 →
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company in the asset neighbourhood
Alabama filing particulars
| Total Assets (Beginning of Year) | $213M |
|---|---|
| Net Assets (End of Year) | $242M |
| Net Income | $29M |
| Employer EIN | 630262164 |
| Plan Effective Date | 1986-01-01 |
| 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 401(k) Plans in Alabama
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Regions Financial Corporation 401(k) Plan $2.9B · 20,733
- Encompass Health Corporation 401(k) Retirement Plan $1.5B · 24,565
- Hexagon Employee Retirement Savings Plan $1.5B · 4,618
- Vulcan 401(k) Plan $1.4B · 9,487
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.1B · N/A
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's out-of-state 401(k) peers by assets and headcount
Outside Alabama, the nearest 401(k) by assets is Extreme Networks 401(k) Plan in NC ($242M); by covered participants it is Lanxess Corporation Defined Contribution Plan in PA (2,319 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($242M here).
- Extreme Networks 401(k) Plan (NC) $242M · 1,291
- Osi Systems, Inc. 401(k) Savings Plan (CA) $242M · 1,639
- Signode Industrial Group LLC Retirement Plan (FL) $242M · 2,101
- Drw Trading Group Profit Sharing and Salary Deferral Plan (IL) $242M · 975
Similar participant headcount
Nearest other-state filings by covered participants (2,319 participants); asset peers above are excluded.
- Lanxess Corporation Defined Contribution Plan (PA) 2,319 · 0 off
- Midwest Motor Supply Sales 401(k) Plan (OH) 2,319 · 0 off
- Ogletree, Deakins, Nash, Smoak & Stewart 401(k) Savings Plan (SC) 2,318 · 1 off
- Proliance Surgeons, Inc., P.S. 401(k) Profit Sharing Plan and Trust (WA) 2,317 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.