401(k) · DOL Form 5500 · 2023
Federal Life Insurance Company 401(k) Plan
Data updated 2026-08-25
- $17M
- Total assets Small plan by assets
- 37
- Participants Small participant base
- 70th
- Percentile by assets National rank
- $469,491
- Avg per participant High balance/head
Official DOL plan name: Federal Life Savings and Profit Sharing Plan · Sponsored by Federal Life Insurance Company · Illinois · Finance & Insurance
$17M in assets, 37 participants
Federal Life Insurance Company's Federal Life Savings and Profit Sharing Plan reported $17M in total assets and 37 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.
- #4,949 in Finance & Insurance (8,869 peers)
What the 2023 filing shows
Federal Life Savings and Profit Sharing Plan holds $17M for 37 participants - about $469,491 per participant, above the median plan by assets.
- #4,949
- in Finance & Insurance (8,869 peers)
- -5.0%
- assets change YoY
The plan reported a net loss of $916K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Federal Life Savings and Profit Sharing Plan's outsized position by total assets
Federal Life Savings and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$17,371,160 Top 30% higher than 70% 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
Federal Life Savings and Profit Sharing Plan among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Federal Life Savings and Profit Sharing Plan is a small filing (37 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Federal Life Savings and Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to -$916K in the plan year 2023 filing.
- Federal Life Savings and Profit Sharing Plan reported participants fell from 39 in the plan year 2022 filing to 37 in the plan year 2023 filing.
- Federal Life Savings and Profit Sharing Plan end-of-year assets fell from $18M in the plan year 2022 filing to $17M in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 361063550 · Federal Life Insurance Company PY 2023 · 401(k)
Federal Life Savings and Profit Sharing Plan · $17M · 37 · 70th
- VS-ST $17M
- VS-ST 37
- VS-ST 70th
- VS-ST 401(k)
- VS-ST near Boehl Stopher & Graves Amended and Restated Retirement Savings Plan
- VS-ST ind #4949
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 Illinois →
Federal Life Savings and Profit Sharing Plan in the asset neighbourhood
Filing particulars (2023)
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | -$916K |
| Employer EIN | 361063550 |
| Plan Effective Date | 1985-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Federal Life Insurance Company)
Sponsor-wide plan assets over time
All Federal Life Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $17M 9.639392758764465% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 39 | $18M |
| 2023 | 1 | 37 | $17M |
| 2024 | 1 | 41 | $17M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
- State Farm 401(k) Savings Plan $16.9B · 60,246
- Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
- United Airlines Pilot Retirement Account Plan $14.4B · 14,959
- Walgreens Retirement Savings Plan $13.4B · 235,331
Federal Life Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Boehl Stopher & Graves Amended and Restated Retirement Savings Plan in KY ($17M); by covered participants it is Carbon Health 401(k) Plan in CA (37 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17M here).
Similar participant headcount
Nearest other-state filings by covered participants (37 participants); asset peers above are excluded.
- Carbon Health 401(k) Plan (CA) 37 · 0 off
- Carnahan Evans PC Profit Sharing Plan (MO) 37 · 0 off
- Mister Price Inc Helapan 1165 Retirement Plan (PR) 37 · 0 off
- Saris Cycling Group 401(k) Profit Sharing Plan (WI) 37 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.