Defined Benefit (Pension) · DOL Form 5500 · 2024
United Farm Family Life Insurance Company Pension Plan
Data updated 2026-08-11
- $217M
- Total assets
- 328
- Participants
- 95th
- Percentile by assets
- $662,666
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $217M
- total plan assets (2024 EOY)
- 328
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $662,666
- avg assets per participant
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.
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.
Indiana Farm Bureau Retirement Plan vs the 2024 asset distribution
By assets, Indiana Farm Bureau Retirement Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $231M |
|---|---|
| Net Assets (End of Year) | $217M |
| Net Income | -$14M |
| Employer EIN | 351097117 |
| Plan Effective Date | 1940-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Farm Family Life Insurance Company)
| 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
- The Lilly Retirement Plan $11.8B · 19,897
- Cummins Pension Plan $3.2B · 30,640
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Indiana Farm Bureau Retirement Plan by total assets, not by location.
- Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II (NJ) $217M · 741
- Ironworkers Local No 55 Pension Plan (OH) $217M · 595
- United Food and Commercial Workers Local 1546 Pension Plan (IL) $217M · 4,471
- Retirement Plan for Employees of Rehabilitation Institute of Chicago (IL) $217M · 412
Frequently Asked Questions
How did Indiana Farm Bureau Retirement Plan assets move in 2024? ▼
How have United Farm Family Life Insurance Company plan assets changed over time? ▼
Where does Indiana Farm Bureau Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Indiana Farm Bureau Retirement Plan? ▼
Next read for Indiana Farm Bureau Retirement Plan
Scale reading
Ways to act on Indiana Farm Bureau Retirement Plan's numbers.
- By total assets, Indiana Farm Bureau 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 Indiana. Compare plans
- United Farm Family Life Insurance Company's sponsor-wide assets have grown 6.2% since 2022 across 3 plan years on file. More Finance & Insurance plans