401(k) · DOL Form 5500 · 2024
Alfa Mutual Insurance Company 401(k) Plan
Data updated 2026-08-11
- $272M
- Total assets
- 2,369
- Participants
- 95th
- Percentile by assets
- $114,792
- Avg per participant
Official DOL plan name: Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company · Sponsored by Alfa Mutual Insurance Company · Alabama · Finance & Insurance
$272M in assets, 2,369 participants
Alfa Mutual Insurance Company's Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported $272M in total assets and 2,369 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 123,622 plans)
- #7,910 in Finance & Insurance (8,549 peers)
Coverage in Alabama
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company covers 2,369 participants in Alabama, 6.6x the typical Alabama plan (state average ~360 per filing). Assets: $272M.
- $272M
- total plan assets (2024 EOY)
- 2,369
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $114,792
- avg assets per participant
Where Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company sits by total assets
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$271,941,968 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company end-of-year assets rose from $242M in the plan year 2023 filing to $272M in the plan year 2024 filing.
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported net income rose from $29M in the plan year 2023 filing to $30M in the plan year 2024 filing.
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reported participants rose from 2,319 in the plan year 2023 filing to 2,369 in the plan year 2024 filing.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company reports 2,369 participants - 6.6x that state average ($272M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $242M |
|---|---|
| Net Assets (End of Year) | $272M |
| Net Income | $30M |
| Employer EIN | 630262164 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Alfa Mutual Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,262 | $610M |
| 2023 | 2 | 3,248 | $671M |
| 2024 | 2 | 3,240 | $732M |
Nearby 401(k) Plans in Alabama
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs. nearby 401(k) plans in Alabama, assets vs. participants
- Regions Financial Corporation 401(k) Plan $3.2B · 20,783
- Encompass Health Corporation 401(k) Retirement Plan $1.7B · 29,454
- Hexagon Employee Retirement Savings Plan $1.7B · 4,638
- Vulcan 401(k) Plan $1.5B · 8,628
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.2B · 6,167
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company by total assets, not by location.
- Woodgrain Millwork, Inc. Employee Savings Plan and Trust (ID) $272M · 4,449
- Colliers Engineering & Design, Inc. 401(k) Savings & Retirement Plan (NJ) $272M · 2,088
- Extreme Networks 401(k) Plan (NC) $272M · 1,299
- Cretex Companies, Inc. 401(k) Profit Sharing Plan (MN) $272M · 2,312
Frequently Asked Questions
How did Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company assets move in 2024? ▼
How have Alfa Mutual Insurance Company plan assets changed over time? ▼
Where does Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company? ▼
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Filing takeaways
Ways to act on Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's numbers.
- By total assets, Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
- Alfa Mutual Insurance Company's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Finance & Insurance plans