Defined Benefit (Pension) · DOL Form 5500 · 2023

Iowa Farm Bureau Federation Pension Plan

Data updated 2026-08-11

$48M
Total assets
111
Participants
85th
Percentile by assets
$431,454
Avg per participant
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Official DOL plan name: Farm Bureau Retirement Plan · Sponsored by Iowa Farm Bureau Federation · Iowa · Other Services

$48M in assets, 111 participants

Iowa Farm Bureau Federation's Farm Bureau Retirement Plan reported $48M in total assets and 111 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 127,072 plans)
  • #7,320 in Other Services (7,857 peers)

Coverage in Iowa

Farm Bureau Retirement Plan covers 111 participants in Iowa, about 18% of the average Iowa filer (state average ~609 per filing). Assets: $48M.

$48M
total plan assets (2023 EOY)
111
covered participants
85th
percentile by assets (of 127,072 plans)
$431,454
avg assets per participant

Where Farm Bureau Retirement Plan sits by total assets

Farm Bureau Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$47,891,432 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farm Bureau Retirement Plan reported net income rose from -$10M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Farm Bureau Retirement Plan end-of-year assets rose from $43M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Farm Bureau Retirement Plan reported participants rose from 107 in the plan year 2022 filing to 111 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Iowa
Industry
Other Services

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Farm Bureau Retirement Plan reports 111 participants - about 18% of that state average ($48M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$48M
Net Income$5M
Employer EIN420331840
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iowa Farm Bureau Federation)

$400M$450M$500M$550M$600M 202220232024 $427M $547M ▲ +28.0%
Total plan assets by year, all Iowa Farm Bureau Federation plans on file
Year Plans Participants Total Assets
2022 2 2,196 $427M
2023 2 2,218 $488M
2024 2 2,318 $547M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Farm Bureau Retireme…, Total assets ($B): 0.047891432 · Participants: 111Farm Bureau Retireme…Transamerica Pension…, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension…Principal Cash Balan…, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balan…Midamerican Energy C…, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy C…Employers Mutual Cas…, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Cas…Non-Contributory Ret…, Total assets ($B): 0.297274074 · Participants: 1474Non-Contributory Ret…
Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare Farm Bureau Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Farm Bureau Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Farm Bureau Retirement Plan assets move in 2023? ▼
Farm Bureau Retirement Plan grew at a solid clip - up 12.1% during 2023, from $43M to $48M. Reported net income was $5M.
How have Iowa Farm Bureau Federation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iowa Farm Bureau Federation's sponsor-wide assets grew 28.0%, from $427M to $547M.
Where does Farm Bureau Retirement Plan rank by assets among Form 5500 filers? ▼
Farm Bureau Retirement Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Farm Bureau Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of the Uniontown Hospital in PA ($48M, 178 participants).

Next read for Farm Bureau Retirement Plan

Filing takeaways

Ways to act on Farm Bureau Retirement Plan's numbers.

  • By total assets, Farm Bureau Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Iowa. Compare plans
  • Iowa Farm Bureau Federation's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Other Services 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 420331840.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.