Defined Benefit (Pension) · DOL Form 5500 · 2023

Georgia Farm Bureau Mutual Company Pension Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
296
Participants Below avg headcount
90th
Percentile by assets National rank
$271,281
Avg per participant High balance/head
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Official DOL plan name: Georgia Farm Bureau Mutual Insurance Company Retirement Plan · Sponsored by Georgia Farm Bureau Mutual Company · Georgia · Finance & Insurance

$80M in assets, 296 participants

Georgia Farm Bureau Mutual Company's Georgia Farm Bureau Mutual Insurance Company Retirement Plan reported $80M in total assets and 296 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,456 in Finance & Insurance (8,869 peers)

Coverage in Georgia

Georgia Farm Bureau Mutual Insurance Company Retirement Plan covers 296 participants in Georgia, about 27% of the average Georgia filer (state average ~1,096 per filing). Assets: $80M.

#7,456
in Finance & Insurance (8,869 peers)
-10.1%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Georgia Farm Bureau Mutual Insurance Company Retirement Plan's outsized position by total assets

Georgia Farm Bureau Mutual Insurance Company Retirement Plan vs every filed plan by assets

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

$80,299,198 Top 10% higher than 90% 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

Georgia Farm Bureau Mutual Insurance Company 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. Georgia Farm Bureau Mutual Insurance Company Retirement Plan sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Georgia Farm Bureau Mutual Insurance Company Retirement Plan reported net income fell from -$8M in the plan year 2022 filing to -$9M in the plan year 2023 filing.
  • Georgia Farm Bureau Mutual Insurance Company Retirement Plan end-of-year assets fell from $89M in the plan year 2022 filing to $80M in the plan year 2023 filing.
  • Georgia Farm Bureau Mutual Insurance Company Retirement Plan reported participants fell from 302 in the plan year 2022 filing to 296 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 580707657 · Georgia Farm Bureau Mutual Company PY 2023 · Defined Benefit (Pension)

Georgia Farm Bureau Mutual Insurance Company Retirement Plan · $80M · 296 · 90th

  • 5500 $80M
  • ASSETS 296
  • PCT 90th
  • EIN Defined Benefit (Pension)
  • RANK near Agents Retirement Plan of the Lincoln National Life Insurance Company
  • PHOTO ind #7456

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 Georgia →

Georgia Farm Bureau Mutual Insurance Company Retirement Plan in the asset neighbourhood

Sheet Metal Workers Local Pension PlanSheet Metal Workers Local Pe…$80MAxel Johnson Inc. Retirement PlanAxel Johnson Inc. Retirement…$80MGeorgia Farm Bureau Mutual Insurance Company Retirement PlanGeorgia Farm Bureau Mutual I…$80MAgents Retirement Plan of the Lincoln National Life Insurance CompanyAgents Retirement Plan of th…$80MRetirement Plan for Employees of King Ranch, Inc.Retirement Plan for Employee…$80M
End-of-year total assets ($M) among Georgia Farm Bureau Mutual Insurance Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$80M
Net Income-$9M
Employer EIN580707657
Plan Effective Date1960-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Georgia Farm Bureau Mutual Company)

Sponsor-wide plan assets over time

All Georgia Farm Bureau Mutual Company plans reported in each filing year

Latest sponsor-wide plan assets
$227M 16.385519552788217% vs 2022
2024 filing year
$220M$240M$260M$280M$300M 202220232024 $271M $227M ▼ -16.4%
Year Plans Participants Total Assets
2022 2 1,497 $271M
2023 2 1,448 $285M
2024 2 1,468 $227M

Nearby Defined Benefit (Pension) Plans in Georgia

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

Georgia Farm Bureau Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Georgia Farm Bureau Mutual Insurance Company Retirement Plan, Total assets ($B): 0.080299198 · Participants: 296Georgia Farm Bureau Mutual Insurance Company Retirement PlanThe Southern Company Pension Plan, Total assets ($B): 15.596954837 · Participants: 25241The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.285105757 · Participants: 70241UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.733665646 · Participants: 153217UPS Pension PlanCox Enterprises, Inc. Pension Plan, Total assets ($B): 7.396009274 · Participants: 24023Cox Enterprises, Inc. Pension PlanDelta Retirement Plan, Total assets ($B): 7.309889555 · Participants: 15601Delta Retirement Plan
Georgia Farm Bureau Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

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

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Agents Retirement Plan of the Lincoln National Life Insurance Company in PA ($80M); by covered participants it is Jacobs Consolidated Pension Plan in TX (296 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (296 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 Georgia Farm Bureau Mutual Insurance Company Retirement Plan assets move in 2023?
Georgia Farm Bureau Mutual Insurance Company Retirement Plan pulled back noticeably - down 10.1% during 2023, from $89M to $80M. Reported net income was -$9M.
How have Georgia Farm Bureau Mutual Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Georgia Farm Bureau Mutual Company's sponsor-wide assets declined 16.4%, from $271M to $227M.
Where does Georgia Farm Bureau Mutual Insurance Company Retirement Plan rank by assets among Form 5500 filers?
Georgia Farm Bureau Mutual Insurance Company Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Georgia Farm Bureau Mutual Insurance Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Agents Retirement Plan of the Lincoln National Life Insurance Company in PA ($80M, 31 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Georgia Farm Bureau Mutual Insurance Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jacobs Consolidated Pension Plan in TX (296 participants, $261M in assets).