401(k) · DOL Form 5500 · 2024
North Carolina Farm Bureau Mutual Insurance Company 401(k) Plan
Data updated 2026-08-25
- $54M
- Total assets Below avg plan size
- 1,409
- Participants Near avg headcount
- 85th
- Percentile by assets National rank
- $37,995
- Avg per participant Low balance/head
Official DOL plan name: Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance · Sponsored by North Carolina Farm Bureau Mutual Insurance Company · North Carolina · Finance & Insurance
$54M in assets, 1,409 participants
North Carolina Farm Bureau Mutual Insurance Company's Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance reported $54M in total assets and 1,409 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #6,554 in Finance & Insurance (8,549 peers)
Where Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance sits by assets
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance sits in the top quartile of all filed plans by assets, $54M for 1,409 participants (~$37,995/participant), up 15.1% in 2024.
- #6,554
- in Finance & Insurance (8,549 peers)
- +15.1%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance's outsized position by total assets
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$53,534,432 Top 15% higher than 85% 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
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance'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. Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance lands in the large band (1,409 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance end-of-year assets rose from $46M in the plan year 2023 filing to $54M in the plan year 2024 filing.
- Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance reported participants rose from 1,289 in the plan year 2023 filing to 1,409 in the plan year 2024 filing.
- Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance reported net income rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 560586973 · North Carolina Farm Bureau Mutual Insurance Company PY 2024 · 401(k)
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance · $54M · 1,409 · 85th
- TYPE $54M
- NET 1,409
- BOOK 85th
- VS-ST 401(k)
- BOY near Hirtle, Callaghan & Co. LLC 401(k) Profit Sharing Plan
- SCH ind #6554
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 North Carolina →
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $46M |
|---|---|
| Net Assets (End of Year) | $54M |
| Net Income | $7M |
| Employer EIN | 560586973 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (North Carolina Farm Bureau Mutual Insurance Company)
Sponsor-wide plan assets over time
All North Carolina Farm Bureau Mutual Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $289M 15.068674468240623% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,437 | $251M |
| 2023 | 2 | 2,514 | $271M |
| 2024 | 2 | 2,735 | $289M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Employees' 401(k) Plan of North Carolina Farm Bureau Mutual Insurance's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Hirtle, Callaghan & Co. LLC 401(k) Profit Sharing Plan in PA ($54M); by covered participants it is Usdp 401(k) Plan in TX (1,409 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($54M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,409 participants); asset peers above are excluded.
- Usdp 401(k) Plan (TX) 1,409 · 0 off
- Cpi Card Group, Inc. 401(k) Plan (CO) 1,409 · 0 off
- The Robins & Morton Retirement Savings Plan (AL) 1,409 · 0 off
- Union Home Mortgage Corporation 401(k) Plan (OH) 1,409 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.