2023 Form 5500 filing — Farm Bureau Employees' Retirement 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 20250414074040NAL0000664547001) for Farm Bureau Employees' Retirement Plan, reported by Michigan Farm Bureau under EIN 38-1718391 and plan number 001. It reports 943 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250414074040NAL0000664547001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Michigan Farm Bureau
- EIN
- 38-1718391
- Plan number
- 001
- Location
- Lansing, MI
- Participants
- 943
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $274,762,745
- Total liabilities (EOY)
- $82,821
- Net assets (EOY)
- $274,679,924
- Total income / additions
- $19,280,048
- Benefits paid
- $15,876,058
- Administrative expenses
- $1,052,899
- Total expenses
- $16,928,957
- Net increase / (decrease)
- $2,351,091
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $234,748 | $0 |
| Deloitte Consulting Llp | LEGAL | $69,516 | not reported in the loaded dataset |
| Farm Bureau Life | ACTUARY | $36,291 | not reported in the loaded dataset |
| Maner Costerian | ACCOUNTANT | $8,400 | not reported in the loaded dataset |
| Miller Canfield | LEGAL | $5,787 | not reported in the loaded dataset |