Defined Benefit (Pension) · DOL Form 5500 · 2024

United Farm Family Life Insurance Company Pension Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
328
Participants Below avg headcount
95th
Percentile by assets National rank
$662,666
Avg per participant High balance/head
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Official DOL plan name: Indiana Farm Bureau Retirement Plan · Sponsored by United Farm Family Life Insurance Company · Indiana · Finance & Insurance

$217M in assets, 328 participants

United Farm Family Life Insurance Company's Indiana Farm Bureau Retirement Plan reported $217M in total assets and 328 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.

  • #7,804 in Finance & Insurance (8,549 peers)

Where Indiana Farm Bureau Retirement Plan sits by assets

Indiana Farm Bureau Retirement Plan sits in the top 5% of all filed plans by assets, $217M for 328 participants (~$662,666/participant), down 6.1% in 2024.

#7,804
in Finance & Insurance (8,549 peers)
-6.1%
assets change YoY
2.2×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Indiana Farm Bureau Retirement Plan's outsized position by total assets

Indiana Farm Bureau Retirement Plan vs every filed plan by assets

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

$217,354,412 Top 5% higher than 95% 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 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. Indiana Farm Bureau Retirement Plan sits mid-pack in the medium band (328 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Indiana Farm Bureau Retirement Plan reported net income fell from -$1M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
  • Indiana Farm Bureau Retirement Plan reported participants fell from 364 in the plan year 2023 filing to 328 in the plan year 2024 filing.
  • Indiana Farm Bureau Retirement Plan end-of-year assets fell from $231M in the plan year 2023 filing to $217M 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 Company PY 2024 · Defined Benefit (Pension)

Indiana Farm Bureau Retirement Plan · $217M · 328 · 95th

  • IND $217M
  • IND 328
  • IND 95th
  • IND Defined Benefit (Pension)
  • IND near Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II
  • IND ind #7804

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 Retirement Plan in the asset neighbourhood

Retirement Plan for Employees of Rehabilitation Institute of ChicagoRetirement Plan for Employee…$217MUnited Food and Commercial Workers Local 1546 Pension PlanUnited Food and Commercial W…$217MIronworkers Local No 55 Pension PlanIronworkers Local No 55 Pens…$217MIndiana Farm Bureau Retirement PlanIndiana Farm Bureau Retireme…$217MHorizon Blue Cross Blue Shield of Nj Employees Retirement Plan IIHorizon Blue Cross Blue Shie…$217M
End-of-year total assets ($M) among Indiana Farm Bureau Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$217M
Net Income-$14M
Employer EIN351097117
Plan Effective Date1940-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Farm Family Life Insurance Company)

Sponsor-wide plan assets over time

All United Farm Family Life Insurance Company 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 Defined Benefit (Pension) Plans in Indiana

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

Indiana Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -5051015 Total assets ($B) Participants Indiana Farm Bureau Retirement Plan, Total assets ($B): 0.217354412 · Participants: 328Indiana Farm Bureau Retirement PlanThe Lilly Retirement Plan, Total assets ($B): 11.79293888 · Participants: 19897The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.225499056 · Participants: 30640Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.815373164 · Participants: 11039Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.237231976 · Participants: 7552Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.003483487 · Participants: 2133Nisource Pension Plan
Indiana Farm Bureau Retirement Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Indiana Farm Bureau Retirement Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II in NJ ($217M); by covered participants it is Wec Energy Group Retirement Plan for Wec Business Services in WI (328 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (328 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 Retirement Plan assets move in 2024? ▼
Indiana Farm Bureau Retirement Plan pulled back noticeably - down 6.1% during 2024, from $231M to $217M. Reported net income was -$14M.
How have United Farm Family Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Farm Family Life Insurance Company's sponsor-wide assets grew 6.2%, from $479M to $508M.
Where does Indiana Farm Bureau Retirement Plan rank by assets among Form 5500 filers? ▼
Indiana Farm Bureau Retirement Plan ranks in the 95th 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 Defined Benefit (Pension) plans are similar in size to Indiana Farm Bureau Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II in NJ ($217M, 741 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Indiana Farm Bureau Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wec Energy Group Retirement Plan for Wec Business Services in WI (328 participants, $185M 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 351097117.

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.