Defined Benefit (Pension) · DOL Form 5500 · 2024
Alfa Mutual Insurance Company Pension Plan
Data updated 2026-08-25
- $460M
- Total assets Above avg plan size
- 871
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $528,378
- Avg per participant High balance/head
Official DOL plan name: Alabama Farmers Federation and Affiliated Companies Retirement Plan · Sponsored by Alfa Mutual Insurance Company · Alabama · Finance & Insurance
$460M in assets, 871 participants
Alfa Mutual Insurance Company's Alabama Farmers Federation and Affiliated Companies Retirement Plan reported $460M in total assets and 871 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.
- #8,097 in Finance & Insurance (8,549 peers)
Coverage in Alabama
Alabama Farmers Federation and Affiliated Companies Retirement Plan covers 871 participants in Alabama, 2.4x the typical Alabama plan (state average ~360 per filing). Assets: $460M.
- #8,097
- in Finance & Insurance (8,549 peers)
- +7.2%
- assets growth YoY
- 4.6×
- vs typical plan assets (national mean)
Alabama Farmers Federation and Affiliated Companies Retirement Plan's outsized position by total assets
Alabama Farmers Federation and Affiliated Companies Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$460,217,283 Top 3% higher than 97% 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
Alabama Farmers Federation and Affiliated Companies 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. Alabama Farmers Federation and Affiliated Companies Retirement Plan sits mid-pack in the medium band (871 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Alabama Farmers Federation and Affiliated Companies Retirement Plan end-of-year assets rose from $429M in the plan year 2023 filing to $460M in the plan year 2024 filing.
- Alabama Farmers Federation and Affiliated Companies Retirement Plan reported participants fell from 929 in the plan year 2023 filing to 871 in the plan year 2024 filing.
- Alabama Farmers Federation and Affiliated Companies Retirement Plan reported net income fell from $32M in the plan year 2023 filing to $31M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 630262164 · Alfa Mutual Insurance Company PY 2024 · Defined Benefit (Pension)
Alabama Farmers Federation and Affiliated Companies Retirement Plan · $460M · 871 · 97th
- PHOTO $460M
- PHOTO 871
- PHOTO 97th
- PHOTO Defined Benefit (Pension)
- PHOTO near United Food & Commercial Workers Union Local 880 - Retail Food Employers Joint Pension Fund
- PHOTO ind #8097
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 →
Alabama Farmers Federation and Affiliated Companies Retirement Plan in the asset neighbourhood
Alabama filing particulars
| Total Assets (Beginning of Year) | $429M |
|---|---|
| Net Assets (End of Year) | $460M |
| Net Income | $31M |
| Employer EIN | 630262164 |
| Plan Effective Date | 1976-07-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,262 | $610M |
| 2023 | 2 | 3,248 | $671M |
| 2024 | 2 | 3,240 | $732M |
Nearby Defined Benefit (Pension) Plans in Alabama
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Regions Financial Corporation Retirement Plan $1.2B · 282
- Blue Cross and Blue Shield of Alabama Retirement Plan $712M · 1,955
- Regions Financial Corporation Retirement Plan for Associates $708M · 2,240
- Retail, Wholesale & Department Store International Union and Industry Pension Fund $619M · 1,556
- Vulcan Materials Company Pension Plan $471M · 740
Alabama Farmers Federation and Affiliated Companies Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Alabama, the nearest Defined Benefit (Pension) by assets is United Food & Commercial Workers Union Local 880 - Retail Food Employers Joint Pension Fund in OH ($461M); by covered participants it is New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees in MN (872 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($460M here).
Similar participant headcount
Nearest other-state filings by covered participants (871 participants); asset peers above are excluded.
- New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees (MN) 872 · 1 off
- Metal Lathers Local 46 Pension Fund (NY) 874 · 3 off
- Southern Ironworkers Pension Fund (PA) 874 · 3 off
- Ng Es Union Represented Employees Pension Plan (VA) 867 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.