Defined Benefit (Pension) · DOL Form 5500 · 2023

Iowa Farm Bureau Federation Pension Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
111
Participants Small participant base
85th
Percentile by assets National rank
$431,454
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#7,320
in Other Services (7,857 peers)
+12.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Farm Bureau Retirement Plan's outsized position 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 $2,050,000,000 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

Farm Bureau 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. Farm Bureau Retirement Plan sits mid-pack in the medium band (111 participants).

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 →

DOL schedule card

Filing strip 420331840 · Iowa Farm Bureau Federation PY 2023 · Defined Benefit (Pension)

Farm Bureau Retirement Plan · $48M · 111 · 85th

  • PHOTO $48M
  • PHOTO 111
  • PHOTO 85th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Retirement Plan for Employees of the Uniontown Hospital
  • PHOTO ind #7320

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 Other Services retirement plans → · Plans in Iowa →

Farm Bureau Retirement Plan in the asset neighbourhood

Farm Bureau Retirement Plan$48MRetirement Plan for Employees of the Uniontown HospitalRetirement Plan for Employee…$48MSmart Financial Credit Union Employees Pension PlanSmart Financial Credit Union…$48MWest Fraser, Inc. Pension PlanWest Fraser, Inc. Pension Pl…$48MDerrickmens Pension Fund, Local 197Derrickmens Pension Fund, Lo…$48M
End-of-year total assets ($M) among Farm Bureau Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Iowa Farm Bureau Federation plans reported in each filing year

Latest sponsor-wide plan assets
$547M 28.003412050411914% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $427M $547M ▲ +28.0%
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 ($B) Participants Farm Bureau Retirement Plan, Total assets ($B): 0.047891432 · Participants: 111Farm Bureau Retirement PlanTransamerica Pension Plan, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.297274074 · Participants: 1474Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.
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 →

Farm Bureau Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of the Uniontown Hospital in PA ($48M); by covered participants it is Kohler Credit Union Defined Benefit Plan and Trust in WI (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Farm Bureau Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kohler Credit Union Defined Benefit Plan and Trust in WI (111 participants, $15M in assets).

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.