401(k) · DOL Form 5500 · 2024

Alfa Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$272M
Total assets Near avg plan size
2,369
Participants Above avg headcount
95th
Percentile by assets National rank
$114,792
Avg per participant Below avg balance/head
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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.

  • #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.

#7,910
in Finance & Insurance (8,549 peers)
+12.3%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's outsized position 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

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 2024

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company lands in the large band (2,369 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 630262164 · Alfa Mutual Insurance Company PY 2024 · 401(k)

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company · $272M · 2,369 · 95th

  • PART $272M
  • PART 2,369
  • PART 95th
  • PART 401(k)
  • PART near Woodgrain Millwork, Inc. Employee Savings Plan and Trust
  • PART ind #7910

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 Alabama →

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company in the asset neighbourhood

Extreme Networks 401(k) Plan$272MSavings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance CompanySavings and Profit Sharing P…$272MWoodgrain Millwork, Inc. Employee Savings Plan and TrustWoodgrain Millwork, Inc. Emp…$272MColliers Engineering & Design, Inc. 401(k) Savings & Retirement PlanColliers Engineering & Desig…$272MCretex Companies, Inc. 401(k) Profit Sharing PlanCretex Companies, Inc. 401(k…$272M
End-of-year total assets ($M) among Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$242M
Net Assets (End of Year)$272M
Net Income$30M
Employer EIN630262164
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alfa Mutual Insurance Company)

Sponsor-wide plan assets over time

All Alfa Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$732M 19.983253423841074% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $610M $732M ▲ +20.0%
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 Scatter plot of 6 data points. 010000200003000040000 01234 Total assets ($B) Participants Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company, Total assets ($B): 0.271941968 · Participants: 2369Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance CompanyRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company vs. nearby 401(k) plans in Alabama, assets vs. participants

Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Woodgrain Millwork, Inc. Employee Savings Plan and Trust in ID ($272M); by covered participants it is Dsm North America Defined Contribution Plan in NJ (2,369 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,369 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company assets move in 2024? ▼
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company grew at a solid clip - up 12.3% during 2024, from $242M to $272M. Reported net income was $30M.
How have Alfa Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Alfa Mutual Insurance Company's sponsor-wide assets grew 20.0%, from $610M to $732M.
Where does Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company rank by assets among Form 5500 filers? ▼
Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company? ▼
Among 401(k) plans in other states, the closest by assets is Woodgrain Millwork, Inc. Employee Savings Plan and Trust in ID ($272M, 4,449 participants).
Which 401(k) plans cover a similar participant headcount to Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company? ▼
Among 401(k) plans in other states, the closest by covered participants is Dsm North America Defined Contribution Plan in NJ (2,369 participants, $764M in assets).