Defined Benefit (Pension) · DOL Form 5500 · 2023

North Carolina Farm Bureau Federation Inc Pension Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
562
Participants Below avg headcount
87th
Percentile by assets National rank
$109,397
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nc Farm Bureau Co Retirement Plan · Sponsored by North Carolina Farm Bureau Federation Inc · North Carolina · Other Services

$61M in assets, 562 participants

North Carolina Farm Bureau Federation Inc's Nc Farm Bureau Co Retirement Plan reported $61M in total assets and 562 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,444 in Other Services (7,857 peers)

Where Nc Farm Bureau Co Retirement Plan sits by assets

Nc Farm Bureau Co Retirement Plan sits in the top quartile of all filed plans by assets, $61M for 562 participants (~$109,397/participant), up 8.5% in 2023.

#7,444
in Other Services (7,857 peers)
+8.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Nc Farm Bureau Co Retirement Plan's outsized position by total assets

Nc Farm Bureau Co Retirement Plan vs every filed plan by assets

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

$61,481,232 Top 13% higher than 87% 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

Nc Farm Bureau Co 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. Nc Farm Bureau Co Retirement Plan sits mid-pack in the medium band (562 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nc Farm Bureau Co Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Nc Farm Bureau Co Retirement Plan end-of-year assets rose from $57M in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • Nc Farm Bureau Co Retirement Plan reported participants rose from 532 in the plan year 2022 filing to 562 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560340590 · North Carolina Farm Bureau Federation Inc PY 2023 · Defined Benefit (Pension)

Nc Farm Bureau Co Retirement Plan · $61M · 562 · 87th

  • NET $61M
  • NET 562
  • NET 87th
  • NET Defined Benefit (Pension)
  • NET near Twin City Foods, Inc. Hourly Employees Defined Benefit Pension Plan
  • NET ind #7444

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 North Carolina →

Nc Farm Bureau Co Retirement Plan in the asset neighbourhood

Sharp Electronics Corporation Pension PlanSharp Electronics Corporatio…$62MIronworkers Local Union No. 167 Pension PlanIronworkers Local Union No. …$62MThe Scripps Research Institute Cash Balance Retirement PlanThe Scripps Research Institu…$61MNc Farm Bureau Co Retirement PlanNc Farm Bureau Co Retirement…$61MTwin City Foods, Inc. Hourly Employees Defined Benefit Pension PlanTwin City Foods, Inc. Hourly…$61M
End-of-year total assets ($M) among Nc Farm Bureau Co 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)$57M
Net Assets (End of Year)$61M
Net Income$5M
Employer EIN560340590
Plan Effective Date1948-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Carolina Farm Bureau Federation Inc)

Sponsor-wide plan assets over time

All North Carolina Farm Bureau Federation Inc plans reported in each filing year

Latest sponsor-wide plan assets
$69M 10.946551465723504% vs 2022
2024 filing year
$60M$65M$70M 202220232024 $62.3M $69.1M ▲ +10.9%
Year Plans Participants Total Assets
2022 2 1,120 $62M
2023 2 1,156 $68M
2024 2 1,177 $69M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Nc Farm Bureau Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Nc Farm Bureau Co Retirement Plan, Total assets ($B): 0.061481232 · Participants: 562Nc Farm Bureau Co Retirement PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Nc Farm Bureau Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Nc Farm Bureau Co Retirement Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Twin City Foods, Inc. Hourly Employees Defined Benefit Pension Plan in WA ($61M); by covered participants it is Sanoh America, Inc. Pension Plan for Hourly Employees in OH (562 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (562 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 Nc Farm Bureau Co Retirement Plan assets move in 2023? ▼
Nc Farm Bureau Co Retirement Plan grew at a solid clip - up 8.5% during 2023, from $57M to $61M. Reported net income was $5M.
How have North Carolina Farm Bureau Federation Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Carolina Farm Bureau Federation Inc's sponsor-wide assets grew 10.9%, from $62M to $69M.
Where does Nc Farm Bureau Co Retirement Plan rank by assets among Form 5500 filers? ▼
Nc Farm Bureau Co Retirement Plan ranks in the 87th 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 Nc Farm Bureau Co Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Twin City Foods, Inc. Hourly Employees Defined Benefit Pension Plan in WA ($61M, 165 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nc Farm Bureau Co Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sanoh America, Inc. Pension Plan for Hourly Employees in OH (562 participants, $12M 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 560340590.

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.