Defined Benefit (Pension) · DOL Form 5500 · 2024
Fbl Financial Group, Inc. Pension Plan
Data updated 2026-08-06
- $254M
- Total assets
- 533
- Participants
- 95th
- Percentile by assets
- $475,799
- Avg per participant
Official DOL plan name: Fbl Financial Group Retirement Plan · Sponsored by Fbl Financial Group, Inc. · Iowa · Finance & Insurance
$254M in assets, 533 participants
Fbl Financial Group, Inc.'s Fbl Financial Group Retirement Plan reported $254M in total assets and 533 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 116,472 plans)
Where Fbl Financial Group Retirement Plan sits by assets
Fbl Financial Group Retirement Plan sits in the top 5% of all filed plans by assets, $254M for 533 participants (~$475,799/participant), down 6.2% in 2024.
- $254M
- total plan assets (2024 EOY)
- 533
- covered participants
- 95th
- percentile by assets (of 116,472 plans)
- $475,799
- avg assets per participant
The plan reported a net loss of $17M 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
- Fbl Financial Group Retirement Plan reported net income fell from $9M in the plan year 2023 filing to -$17M in the plan year 2024 filing.
- Fbl Financial Group Retirement Plan reported participants fell from 572 in the plan year 2023 filing to 533 in the plan year 2024 filing.
- Fbl Financial Group Retirement Plan end-of-year assets fell from $270M in the plan year 2023 filing to $254M in the plan year 2024 filing.
Fbl Financial Group Retirement Plan vs the 2024 asset distribution
By assets, Fbl Financial Group Retirement Plan outranks 95% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $270M |
|---|---|
| Net Assets (End of Year) | $254M |
| Net Income | -$17M |
| Employer EIN | 421411715 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fbl Financial Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 666 | $262M |
| 2023 | 1 | 572 | $270M |
| 2024 | 1 | 533 | $254M |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Fbl Financial Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
- Transamerica Pension Plan $2.2B · 7,170
- Principal Cash Balance Plan $1.5B · 11,945
- Midamerican Energy Company Retirement Plan $521M · 2,805
- Employers Mutual Casualty Company Retirement Plan $362M · 1,908
- Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $331M · 1,233
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Fbl Financial Group Retirement Plan by total assets, not by location.
- Henkel of America Retirement Plan (CT) $254M · 389
- Local 553 Pension Fund (NY) $253M · 324
- IBEW Local No. 117 Pension Fund (IL) $253M · 470
- International Brotherhood of Electrical Workers Local Union No. 252 Pension Plan (MI) $254M · 657
Frequently Asked Questions
How did Fbl Financial Group Retirement Plan assets move in 2024? ▼
How have Fbl Financial Group, Inc. plan assets changed over time? ▼
Where does Fbl Financial Group Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Fbl Financial Group Retirement Plan? ▼
Next read for Fbl Financial Group Retirement Plan
Scale reading
Ways to act on Fbl Financial Group Retirement Plan's numbers.
- By total assets, Fbl Financial Group Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Iowa. Compare plans
- Fbl Financial Group, Inc.'s sponsor-wide assets have declined 3.1% since 2022 across 3 plan years on file. More Finance & Insurance plans
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 421411715.
Read our methodology - how this data is sourced, computed, and verified.