401(k) · DOL Form 5500 · 2023
Iowa Farm Bureau Federation and Affiliated Companies 401(k) Plan
Data updated 2026-08-11
- $441M
- Total assets
- 2,107
- Participants
- 97th
- Percentile by assets
- $209,091
- Avg per participant
Official DOL plan name: Farm Bureau 401(k) Savings Plan · Sponsored by Iowa Farm Bureau Federation and Affiliated Companies · Iowa · Other Services
$441M in assets, 2,107 participants
Iowa Farm Bureau Federation and Affiliated Companies's Farm Bureau 401(k) Savings Plan reported $441M in total assets and 2,107 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.
- 97th percentile by assets (of 127,072 plans)
- #7,804 in Other Services (7,857 peers)
Coverage in Iowa
Farm Bureau 401(k) Savings Plan covers 2,107 participants in Iowa, 3.5x the typical Iowa plan (state average ~609 per filing). Assets: $441M.
- $441M
- total plan assets (2023 EOY)
- 2,107
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $209,091
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Farm Bureau 401(k) Savings Plan reported net income rose from -$85M in the plan year 2022 filing to $56M in the plan year 2023 filing.
- Farm Bureau 401(k) Savings Plan end-of-year assets rose from $385M in the plan year 2022 filing to $441M in the plan year 2023 filing.
- Farm Bureau 401(k) Savings Plan reported participants rose from 2,089 in the plan year 2022 filing to 2,107 in the plan year 2023 filing.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Farm Bureau 401(k) Savings Plan reports 2,107 participants - 3.5x that state average ($441M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $385M |
|---|---|
| Net Assets (End of Year) | $441M |
| Net Income | $56M |
| Employer EIN | 420331840 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Iowa Farm Bureau Federation and Affiliated Companies)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,196 | $427M |
| 2023 | 2 | 2,218 | $488M |
| 2024 | 2 | 2,318 | $547M |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Farm Bureau 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
- The Principal Select Savings Plan $4.1B · 12,827
- Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
- The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
- The Rsm US LLP Retirement Plan $2.9B · 14,720
- Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Farm Bureau 401(k) Savings Plan by total assets, not by location.
- Mercury Employees Retirement Investment Trust (MA) $440M · 2,337
- Toshiba Tec U.S. Employees' 401(k) Savings Plan (NC) $441M · 3,409
- The Mohegan Retirement and 401(k) Plan (CT) $440M · 6,534
- De Lage Landen Financial Services, Inc. Retirement Savings Plan (PA) $440M · 1,523
Frequently Asked Questions
How did Farm Bureau 401(k) Savings Plan assets move in 2023? ▼
How have Iowa Farm Bureau Federation and Affiliated Companies plan assets changed over time? ▼
Where does Farm Bureau 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Farm Bureau 401(k) Savings Plan? ▼
Next read for Farm Bureau 401(k) Savings Plan
Filing takeaways
Ways to act on Farm Bureau 401(k) Savings Plan's numbers.
- By total assets, Farm Bureau 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 Iowa. Compare plans
- Iowa Farm Bureau Federation and Affiliated Companies's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Other Services plans