2023 Form 5500 filing — Farm Bureau Employees' 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240624120758NAL0005984225001) for Farm Bureau Employees' 401(K) Plan, reported by Michigan Farm Bureau under EIN 38-1718391 and plan number 333. It reports 1,479 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 3 · 2023
Filing snapshot
Net assets (EOY)$207MReported net assets$206,959,154
Participants1.5K1,479
Provider compensation$149.6K1 Schedule C row(s)$149,571
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240624120758NAL0005984225001
- Plan sponsor
- Michigan Farm Bureau
- EIN
- 38-1718391
- Plan number
- 333
- Location
- Lansing, MI
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$207M total assets
Net assets$207MLiabilities$0
Full reported line items
- Total assets (EOY)
- $206,959,154
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $206,959,154
- Employer contributions
- $5,437,471
- Participant contributions
- $8,880,802
- Total income / additions
- $42,764,530
- Benefits paid
- $11,072,218
- Administrative expenses
- $149,571
- Total expenses
- $11,230,305
- Net increase / (decrease)
- $31,534,225
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $149,571 | $0 |