401(k) · DOL Form 5500 · 2024

Iowa Farm Bureau Federation and Affiliated Companies 401(k) Plan

Data updated 2026-08-25

$498M
Total assets Above avg plan size
2,194
Participants Above avg headcount
97th
Percentile by assets National rank
$226,768
Avg per participant Above avg balance/head
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Official DOL plan name: Farm Bureau 401(k) Savings Plan · Sponsored by Iowa Farm Bureau Federation and Affiliated Companies · Iowa · Other Services

$498M in assets, 2,194 participants

Iowa Farm Bureau Federation and Affiliated Companies's Farm Bureau 401(k) Savings Plan reported $498M in total assets and 2,194 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #7,668 in Other Services (7,719 peers)

Coverage in Iowa

Farm Bureau 401(k) Savings Plan covers 2,194 participants in Iowa, 3.6x the typical Iowa plan (state average ~609 per filing). Assets: $498M.

#7,668
in Other Services (7,719 peers)
+12.9%
assets growth YoY
5.0×
vs typical plan assets (national mean)

Farm Bureau 401(k) Savings Plan's outsized position by total assets

Farm Bureau 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$497,529,759 Top 3% higher than 97% 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

Farm Bureau 401(k) Savings Plan'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. Farm Bureau 401(k) Savings Plan lands in the large band (2,194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farm Bureau 401(k) Savings Plan end-of-year assets rose from $441M in the plan year 2023 filing to $498M in the plan year 2024 filing.
  • Farm Bureau 401(k) Savings Plan reported participants rose from 2,107 in the plan year 2023 filing to 2,194 in the plan year 2024 filing.
  • Farm Bureau 401(k) Savings Plan reported net income rose from $56M in the plan year 2023 filing to $57M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 420331840 · Iowa Farm Bureau Federation and Affiliated Companies PY 2024 · 401(k)

Farm Bureau 401(k) Savings Plan · $498M · 2,194 · 97th

  • NET $498M
  • BOOK 2,194
  • VS-ST 97th
  • BOY 401(k)
  • SCH near Apogee Enterprises, Inc. 401(k) Retirement Plan
  • EBSA ind #7668

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 Iowa →

Farm Bureau 401(k) Savings Plan in the asset neighbourhood

Woodforest Financial Group, Inc. Employee Stock Ownership PlanWoodforest Financial Group, …$499MSavings Plan of Pjm Interconnection, L.L.C.Savings Plan of Pjm Intercon…$498MMomentive Performance Materials Savings PlanMomentive Performance Materi…$498MFarm Bureau 401(k) Savings PlanFarm Bureau 401(k) Savings P…$498MApogee Enterprises, Inc. 401(k) Retirement PlanApogee Enterprises, Inc. 401…$497M
End-of-year total assets ($M) among Farm Bureau 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$441M
Net Assets (End of Year)$498M
Net Income$57M
Employer EIN420331840
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iowa Farm Bureau Federation and Affiliated Companies)

Sponsor-wide plan assets over time

All Iowa Farm Bureau Federation and Affiliated Companies plans reported in each filing year

Latest sponsor-wide plan assets
$547M 28.003412050411914% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $427M $547M ▲ +28.0%
Year Plans Participants Total Assets
2022 2 2,196 $427M
2023 2 2,218 $488M
2024 2 2,318 $547M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Farm Bureau 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 012345 Total assets ($B) Participants Farm Bureau 401(k) Savings Plan, Total assets ($B): 0.497529759 · Participants: 2194Farm Bureau 401(k) Savings PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Farm Bureau 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Farm Bureau 401(k) Savings Plan side-by-side with 3 peers →

Farm Bureau 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Apogee Enterprises, Inc. 401(k) Retirement Plan in MN ($497M); by covered participants it is Employers Resource 401(k) Retirement Plan in ID (2,194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,194 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 Farm Bureau 401(k) Savings Plan assets move in 2024? ▼
Farm Bureau 401(k) Savings Plan grew at a solid clip - up 12.9% during 2024, from $441M to $498M. Reported net income was $57M.
How have Iowa Farm Bureau Federation and Affiliated Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iowa Farm Bureau Federation and Affiliated Companies's sponsor-wide assets grew 28.0%, from $427M to $547M.
Where does Farm Bureau 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Farm Bureau 401(k) Savings Plan ranks in the 97th 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 Farm Bureau 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apogee Enterprises, Inc. 401(k) Retirement Plan in MN ($497M, 3,828 participants).
Which 401(k) plans cover a similar participant headcount to Farm Bureau 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employers Resource 401(k) Retirement Plan in ID (2,194 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420331840.

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.