401(k) · DOL Form 5500 · 2024
United Fire & Casualty Company 401(k) Plan
Data updated 2026-08-11
- $150M
- Total assets
- 854
- Participants
- 93rd
- Percentile by assets
- $175,759
- Avg per participant
Official DOL plan name: United Fire Group 401(k) Plan · Sponsored by United Fire & Casualty Company · Iowa · Finance & Insurance
$150M in assets, 854 participants
United Fire & Casualty Company's United Fire Group 401(k) Plan reported $150M in total assets and 854 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #7,597 in Finance & Insurance (8,549 peers)
Where United Fire Group 401(k) Plan sits by assets
United Fire Group 401(k) Plan sits in the top 10% of all filed plans by assets, $150M for 854 participants (~$175,759/participant), down 0.7% in 2024.
- $150M
- total plan assets (2024 EOY)
- 854
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $175,759
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- United Fire Group 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- United Fire Group 401(k) Plan reported participants fell from 1,096 in the plan year 2023 filing to 854 in the plan year 2024 filing.
- United Fire Group 401(k) Plan end-of-year assets fell from $151M in the plan year 2023 filing to $150M in the plan year 2024 filing.
United Fire Group 401(k) Plan vs the 2024 asset distribution
By assets, United Fire Group 401(k) Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $151M |
|---|---|
| Net Assets (End of Year) | $150M |
| Net Income | -$1M |
| Employer EIN | 420644327 |
| Plan Effective Date | 1989-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Fire & Casualty Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,912 | $372M |
| 2023 | 2 | 1,819 | $415M |
| 2024 | 2 | 1,490 | $391M |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
United Fire Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
- The Principal Select Savings Plan $4.6B · 12,841
- The Rsm US LLP Retirement Plan $3.4B · 14,728
- Iowa Health System Section 401(k) Retirement Savings Plan $3.3B · 25,072
- The Hy-Vee and Affiliates 401(k) Plan $3.1B · 55,411
- Transamerica 401(k) Retirement Savings Plan $2.7B · 8,059
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to United Fire Group 401(k) Plan by total assets, not by location.
- Iap World Services Retirement Savings Plan (FL) $150M · 1,269
- Schnucks Pay Deferral Plan-30 (MO) $150M · 7,877
- Community Health Services of Georgia Profit Sharing Plan (GA) $150M · 5,610
- Api Group, Inc. Safe Harbor 401(k) & Profit Sharing Plan (MN) $150M · 3,421
Frequently Asked Questions
How did United Fire Group 401(k) Plan assets move in 2024? ▼
How have United Fire & Casualty Company plan assets changed over time? ▼
Where does United Fire Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to United Fire Group 401(k) Plan? ▼
Next read for United Fire Group 401(k) Plan
Scale reading
Ways to act on United Fire Group 401(k) Plan's numbers.
- By total assets, United Fire Group 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
- United Fire & Casualty Company's sponsor-wide assets have grown 5.3% since 2022 across 3 plan years on file. More Finance & Insurance plans