401(k) · DOL Form 5500 · 2024

United Farm Family Life Insurance 401(k) Plan

Data updated 2026-08-25

$291M
Total assets Near avg plan size
1,350
Participants Near avg headcount
96th
Percentile by assets National rank
$215,634
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Indiana Farm Bureau Companies Employees' 401(k) Savings Plan · Sponsored by United Farm Family Life Insurance · Indiana · Finance & Insurance

$291M in assets, 1,350 participants

United Farm Family Life Insurance's Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported $291M in total assets and 1,350 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #7,936 in Finance & Insurance (8,549 peers)

Coverage in Indiana

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan covers 1,350 participants in Indiana, 2.5x the typical Indiana plan (state average ~541 per filing). Assets: $291M.

#7,936
in Finance & Insurance (8,549 peers)
+8.4%
assets growth YoY
2.9×
vs typical plan assets (national mean)

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

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs every filed plan by assets

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

$291,105,270 Top 4% higher than 96% 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

Indiana Farm Bureau Companies Employees' 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. Indiana Farm Bureau Companies Employees' 401(k) Savings Plan lands in the large band (1,350 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Indiana Farm Bureau Companies Employees' 401(k) Savings Plan end-of-year assets rose from $268M in the plan year 2023 filing to $291M in the plan year 2024 filing.
  • Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported participants rose from 1,319 in the plan year 2023 filing to 1,350 in the plan year 2024 filing.
  • Indiana Farm Bureau Companies Employees' 401(k) Savings Plan reported net income rose from $22M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 351097117 · United Farm Family Life Insurance PY 2024 · 401(k)

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan · $291M · 1,350 · 96th

  • PHOTO $291M
  • PHOTO 1,350
  • PHOTO 96th
  • PHOTO 401(k)
  • PHOTO near Cal-Maine Foods, Inc. Ksop
  • PHOTO ind #7936

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 Indiana →

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan in the asset neighbourhood

Elasticsearch, Inc. 401(k) PlanElasticsearch, Inc. 401(k) P…$291MCal-Maine Foods, Inc. Ksop$291MIndiana Farm Bureau Companies Employees' 401(k) Savings PlanIndiana Farm Bureau Companie…$291MHks, Inc. 401(k) Plan$291MPga Tour Employees Savings PlanPga Tour Employees Savings P…$291M
End-of-year total assets ($M) among Indiana Farm Bureau Companies Employees' 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$268M
Net Assets (End of Year)$291M
Net Income$23M
Employer EIN351097117
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Farm Family Life Insurance)

Sponsor-wide plan assets over time

All United Farm Family Life Insurance plans reported in each filing year

Latest sponsor-wide plan assets
$508M 6.177668310675801% vs 2022
2024 filing year
$470M$480M$490M$500M$510M$520M 202220232024 $479M $508M ▲ +6.2%
Year Plans Participants Total Assets
2022 2 1,740 $479M
2023 2 1,683 $500M
2024 2 1,678 $508M

Nearby 401(k) Plans in Indiana

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

Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Indiana Farm Bureau Companies Employees' 401(k) Savings Plan, Total assets ($B): 0.29110527 · Participants: 1350Indiana Farm Bureau Companies Employees' 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

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

Outside Indiana, the nearest 401(k) by assets is Cal-Maine Foods, Inc. Ksop in MS ($291M); by covered participants it is Verint Systems Inc. 401(k) Savings Plan in NY (1,351 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($291M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,350 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 Indiana Farm Bureau Companies Employees' 401(k) Savings Plan assets move in 2024?
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan grew at a solid clip - up 8.4% during 2024, from $268M to $291M. Reported net income was $23M.
How have United Farm Family Life Insurance plan assets changed over time?
Across 3 plan years on file (2022-2024), United Farm Family Life Insurance's sponsor-wide assets grew 6.2%, from $479M to $508M.
Where does Indiana Farm Bureau Companies Employees' 401(k) Savings Plan rank by assets among Form 5500 filers?
Indiana Farm Bureau Companies Employees' 401(k) Savings Plan ranks in the 96th 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 Indiana Farm Bureau Companies Employees' 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Cal-Maine Foods, Inc. Ksop in MS ($291M, 2,356 participants).
Which 401(k) plans cover a similar participant headcount to Indiana Farm Bureau Companies Employees' 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Verint Systems Inc. 401(k) Savings Plan in NY (1,351 participants, $415M in assets).