Farm Bureau Employees' Retirement Plan — Form 5500 plan (Michigan Farm Bureau)
Plain-English plan 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, Farm Bureau Employees' Retirement Plan is a benefit plan reported by Michigan Farm Bureau under EIN 38-1718391 and plan number 001. The latest loaded filing year is 2023. The filing reports 943 participants and $274,762,745 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Farm Bureau
- EIN
- 38-1718391
- Plan number
- 001
- Plan type
- 3
- Location
- Lansing, MI
- Latest filing year
- 2023
- Participants
- 943
- End-of-year plan assets
- $274,762,745
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 943 | H, C | 20250414074040NAL0000664547001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $274,762,745
- Total liabilities (EOY)
- $82,821
- Net assets (EOY)
- $274,679,924
- Net assets (BOY)
- $272,328,833
Income & contributions
- Total contributions
- $0
- Total income / additions
- $19,280,048
Expenses & distributions
- Benefits paid
- $15,876,058
- Administrative expenses
- $1,052,899
- Total expenses
- $16,928,957
- Net increase / (decrease)
- $2,351,091
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $234,748 | $0 | 2023 |
| Deloitte Consulting Llp | LEGAL | $69,516 | not reported in the loaded dataset | 2023 |
| Farm Bureau Life | ACTUARY | $36,291 | not reported in the loaded dataset | 2023 |
| Maner Costerian | ACCOUNTANT | $8,400 | not reported in the loaded dataset | 2023 |
| Miller Canfield | LEGAL | $5,787 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Michigan Farm Bureau
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Lansing, MI
- Principal Life Insurance Company — Schedule C compensation
- Deloitte Consulting Llp — Schedule C compensation
- Farm Bureau Life — Schedule C compensation
- Maner Costerian — Schedule C compensation
- Miller Canfield — Schedule C compensation