Defined Benefit (Pension) · DOL Form 5500 · 2024

Iowa Farm Bureau Federation Pension Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
124
Participants Small participant base
84th
Percentile by assets National rank
$399,705
Avg per participant High balance/head
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Official DOL plan name: Farm Bureau Retirement Plan · Sponsored by Iowa Farm Bureau Federation · Iowa · Other Services

$50M in assets, 124 participants

Iowa Farm Bureau Federation's Farm Bureau Retirement Plan reported $50M in total assets and 124 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,164 in Other Services (7,719 peers)

Coverage in Iowa

Farm Bureau Retirement Plan covers 124 participants in Iowa, about 20% of the average Iowa filer (state average ~609 per filing). Assets: $50M.

#7,164
in Other Services (7,719 peers)
+3.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Farm Bureau Retirement Plan's outsized position by total assets

Farm Bureau Retirement Plan vs every filed plan by assets

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

$49,563,447 Top 16% higher than 84% 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 Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farm Bureau Retirement Plan sits mid-pack in the medium band (124 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farm Bureau Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Farm Bureau Retirement Plan reported participants rose from 111 in the plan year 2023 filing to 124 in the plan year 2024 filing.
  • Farm Bureau Retirement Plan end-of-year assets rose from $48M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 420331840 · Iowa Farm Bureau Federation PY 2024 · Defined Benefit (Pension)

Farm Bureau Retirement Plan · $50M · 124 · 84th

  • VS-ST $50M
  • VS-ST 124
  • VS-ST 84th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near The Adirondack Trust Company Employees' Pension Plan
  • VS-ST ind #7164

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 Retirement Plan in the asset neighbourhood

The Adirondack Trust Company Employees' Pension PlanThe Adirondack Trust Company…$50MFarm Bureau Retirement Plan$50MIBEW Local No. 246 Pension PlanIBEW Local No. 246 Pension P…$50MBrach's Confections, Inc. Retirement PlanBrach's Confections, Inc. Re…$50MItg Cigars, Inc. Retirement PlanItg Cigars, Inc. Retirement …$50M
End-of-year total assets ($M) among Farm Bureau Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$50M
Net Income$2M
Employer EIN420331840
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iowa Farm Bureau Federation)

Sponsor-wide plan assets over time

All Iowa Farm Bureau Federation 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 Defined Benefit (Pension) Plans in Iowa

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

Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Farm Bureau Retirement Plan, Total assets ($B): 0.049563447 · Participants: 124Farm Bureau Retirement PlanTransamerica Pension Plan, Total assets ($B): 2.198965485 · Participants: 7170Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.466387124 · Participants: 11945Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.521334295 · Participants: 2805Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.361826911 · Participants: 1908Employers Mutual Casualty Company Retirement PlanPension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust, Total assets ($B): 0.330986539 · Participants: 1233Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust
Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest Defined Benefit (Pension) by assets is The Adirondack Trust Company Employees' Pension Plan in NY ($50M); by covered participants it is Cotton Incorporated Pension Plan in NC (124 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($50M here).

Similar participant headcount

Nearest other-state filings by covered participants (124 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 Retirement Plan assets move in 2024?
Farm Bureau Retirement Plan edged up modestly - up 3.5% during 2024, from $48M to $50M. Reported net income was $2M.
How have Iowa Farm Bureau Federation plan assets changed over time?
Across 3 plan years on file (2022-2024), Iowa Farm Bureau Federation's sponsor-wide assets grew 28.0%, from $427M to $547M.
Where does Farm Bureau Retirement Plan rank by assets among Form 5500 filers?
Farm Bureau Retirement Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Farm Bureau Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Adirondack Trust Company Employees' Pension Plan in NY ($50M, 40 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Farm Bureau Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cotton Incorporated Pension Plan in NC (124 participants, $37M in assets).