2023 Form 5500 filing — Farm Bureau 401(K) Savings 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 20241011110545NAL0036738464001) for Farm Bureau 401(K) Savings Plan, reported by Iowa Farm Bureau Federation And Affiliated Companies under EIN 42-0331840 and plan number 004. It reports 2,930 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011110545NAL0036738464001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Iowa Farm Bureau Federation And Affiliated Companies
- EIN
- 42-0331840
- Plan number
- 004
- Location
- West Des Moines, IA
- Participants
- 2,930
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $440,554,416
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $440,554,416
- Employer contributions
- $14,951,090
- Participant contributions
- $17,680,066
- Total income / additions
- $96,952,755
- Benefits paid
- $40,677,241
- Administrative expenses
- $402,688
- Total expenses
- $41,079,465
- Net increase / (decrease)
- $55,873,290
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $397,310 | $7,100 |
| Capfinancial Partners, LLC | INVESTMENT ADVISORY | $0 | $73,697 |
| Ernst & Young Llp | ACCOUNTANT | $0 | $32,110 |
| Kutak Rock Llp | LEGAL | $0 | $12,502 |