Defined Benefit (Pension) · DOL Form 5500 · 2023

Fbl Financial Group, Inc. Pension Plan

Data updated 2026-08-25

$270M
Total assets Near avg plan size
572
Participants Below avg headcount
96th
Percentile by assets National rank
$472,469
Avg per participant High balance/head
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Official DOL plan name: Fbl Financial Group Retirement Plan · Sponsored by Fbl Financial Group, Inc. · Iowa · Finance & Insurance

$270M in assets, 572 participants

Fbl Financial Group, Inc.'s Fbl Financial Group Retirement Plan reported $270M in total assets and 572 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,259 in Finance & Insurance (8,869 peers)

Where Fbl Financial Group Retirement Plan sits by assets

Fbl Financial Group Retirement Plan sits in the top 5% of all filed plans by assets, $270M for 572 participants (~$472,469/participant), up 3.3% in 2023.

#8,259
in Finance & Insurance (8,869 peers)
+3.3%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Fbl Financial Group Retirement Plan's outsized position by total assets

Fbl Financial Group Retirement Plan vs every filed plan by assets

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

$270,252,063 Top 4% higher than 96% 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

Fbl Financial Group 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. Fbl Financial Group Retirement Plan sits mid-pack in the medium band (572 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fbl Financial Group Retirement Plan reported net income rose from -$153M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Fbl Financial Group Retirement Plan reported participants fell from 666 in the plan year 2022 filing to 572 in the plan year 2023 filing.
  • Fbl Financial Group Retirement Plan end-of-year assets rose from $262M in the plan year 2022 filing to $270M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 421411715 · Fbl Financial Group, Inc. PY 2023 · Defined Benefit (Pension)

Fbl Financial Group Retirement Plan · $270M · 572 · 96th

  • PART $270M
  • TYPE 572
  • NET 96th
  • BOOK Defined Benefit (Pension)
  • VS-ST near I.a.T.S.E. Local 16 Pension Plan
  • BOY ind #8259

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 Iowa →

Fbl Financial Group Retirement Plan in the asset neighbourhood

Retirement Income Plan$271MFbl Financial Group Retirement PlanFbl Financial Group Retireme…$270MI.a.T.S.E. Local 16 Pension PlanI.a.T.S.E. Local 16 Pension …$270MCmp Pension Plan$270MPension Plan for Plant Employees of Green Bay PackPension Plan for Plant Emplo…$269M
End-of-year total assets ($M) among Fbl Financial Group Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$262M
Net Assets (End of Year)$270M
Net Income$9M
Employer EIN421411715
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fbl Financial Group, Inc.)

Sponsor-wide plan assets over time

All Fbl Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$254M 3.0551616810000475% vs 2022
2024 filing year
$250M$255M$260M$265M$270M$275M 202220232024 $262M $254M ▼ -3.1%
Year Plans Participants Total Assets
2022 1 666 $262M
2023 1 572 $270M
2024 1 533 $254M

Nearby Defined Benefit (Pension) Plans in Iowa

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

Fbl Financial Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.522.5 Total assets ($B) Participants Fbl Financial Group Retirement Plan, Total assets ($B): 0.270252063 · Participants: 572Fbl Financial Group 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.
Fbl Financial Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare Fbl Financial Group Retirement Plan side-by-side with 3 peers →

Fbl Financial Group Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is I.a.T.S.E. Local 16 Pension Plan in CA ($270M); by covered participants it is Newyork-Presbyterian Pension Plan in NY (572 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($270M here).

Similar participant headcount

Nearest other-state filings by covered participants (572 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 Fbl Financial Group Retirement Plan assets move in 2023? ▼
Fbl Financial Group Retirement Plan edged up modestly - up 3.3% during 2023, from $262M to $270M. Reported net income was $9M.
How have Fbl Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fbl Financial Group, Inc.'s sponsor-wide assets declined 3.1%, from $262M to $254M.
Where does Fbl Financial Group Retirement Plan rank by assets among Form 5500 filers? ▼
Fbl Financial Group Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Fbl Financial Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is I.a.T.S.E. Local 16 Pension Plan in CA ($270M, 2,790 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Fbl Financial Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Newyork-Presbyterian Pension Plan in NY (572 participants, $2.4B 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 421411715.

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.