Defined Benefit (Pension) · DOL Form 5500 · 2024
Nc Farm Bureau Mutual Insurance Company Pension Plan
Data updated 2026-08-25
- $235M
- Total assets Near avg plan size
- 1,326
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $177,286
- Avg per participant Above avg balance/head
Official DOL plan name: Nc Farm Bureau Mutual Insurance Company Retirement Plan · Sponsored by Nc Farm Bureau Mutual Insurance Company · North Carolina · Finance & Insurance
$235M in assets, 1,326 participants
Nc Farm Bureau Mutual Insurance Company's Nc Farm Bureau Mutual Insurance Company Retirement Plan reported $235M in total assets and 1,326 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.
- #7,848 in Finance & Insurance (8,549 peers)
Where Nc Farm Bureau Mutual Insurance Company Retirement Plan sits by assets
Nc Farm Bureau Mutual Insurance Company Retirement Plan sits in the top 5% of all filed plans by assets, $235M for 1,326 participants (~$177,286/participant), up 4.9% in 2024.
- #7,848
- in Finance & Insurance (8,549 peers)
- +4.9%
- assets growth YoY
- 2.4×
- vs typical plan assets (national mean)
Nc Farm Bureau Mutual Insurance Company Retirement Plan's outsized position by total assets
Nc Farm Bureau Mutual Insurance Company Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$235,080,899 Top 5% higher than 95% 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
Nc Farm Bureau Mutual Insurance Company Retirement 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. Nc Farm Bureau Mutual Insurance Company Retirement Plan lands in the large band (1,326 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nc Farm Bureau Mutual Insurance Company Retirement Plan reported net income fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- Nc Farm Bureau Mutual Insurance Company Retirement Plan reported participants rose from 1,225 in the plan year 2023 filing to 1,326 in the plan year 2024 filing.
- Nc Farm Bureau Mutual Insurance Company Retirement Plan end-of-year assets rose from $224M in the plan year 2023 filing to $235M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 560586973 · Nc Farm Bureau Mutual Insurance Company PY 2024 · Defined Benefit (Pension)
Nc Farm Bureau Mutual Insurance Company Retirement Plan · $235M · 1,326 · 95th
- 5500 $235M
- ASSETS 1,326
- PCT 95th
- EIN Defined Benefit (Pension)
- RANK near Mayer Brown LLP U.S.a. Cash Balance Pension Plan
- PHOTO ind #7848
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 →
Nc Farm Bureau Mutual Insurance Company Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $224M |
|---|---|
| Net Assets (End of Year) | $235M |
| Net Income | $11M |
| Employer EIN | 560586973 |
| Plan Effective Date | 1957-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nc Farm Bureau Mutual Insurance Company)
Sponsor-wide plan assets over time
All Nc 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 Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
Nc Farm Bureau Mutual Insurance Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Mayer Brown LLP U.S.a. Cash Balance Pension Plan in IL ($235M); by covered participants it is Colgate-Palmolive Company Employees' Retirement Income Plan in NY (1,330 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($235M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,326 participants); asset peers above are excluded.
- Colgate-Palmolive Company Employees' Retirement Income Plan (NY) 1,330 · 4 off
- Exeter Health Resources, Inc. Account Balance Pension Plan (NH) 1,331 · 5 off
- Resilient Floor Covering Pension Fund (CA) 1,331 · 5 off
- G & J Pepsi-Cola Bottlers, Inc. Employees' Pension Plan (OH) 1,318 · 8 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.