Farm Bureau 401(K) Savings Plan — Form 5500 plan (Iowa Farm Bureau Federation And Affiliated Companies)
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 401(K) Savings Plan is a benefit plan reported by Iowa Farm Bureau Federation And Affiliated Companies under EIN 42-0331840 and plan number 004. The latest loaded filing year is 2023. The filing reports 2,930 participants and $440,554,416 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iowa Farm Bureau Federation And Affiliated Companies
- EIN
- 42-0331840
- Plan number
- 004
- Plan type
- 3
- Location
- West Des Moines, IA
- Latest filing year
- 2023
- Participants
- 2,930
- End-of-year plan assets
- $440,554,416
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,930 | H, C | 20241011110545NAL0036738464001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $440,554,416
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $440,554,416
- Net assets (BOY)
- $384,681,126
Income & contributions
- Employer contributions
- $14,951,090
- Participant contributions
- $17,680,066
- Total contributions
- $35,641,765
- Total income / additions
- $96,952,755
Expenses & distributions
- Benefits paid
- $40,677,241
- Administrative expenses
- $402,688
- Total expenses
- $41,079,465
- Net increase / (decrease)
- $55,873,290
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $397,310 | $7,100 | 2023 |
| Capfinancial Partners, LLC | INVESTMENT ADVISORY | $0 | $73,697 | 2023 |
| Ernst & Young Llp | ACCOUNTANT | $0 | $32,110 | 2023 |
| Kutak Rock Llp | LEGAL | $0 | $12,502 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Iowa Farm Bureau Federation And Affiliated Companies
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in West Des Moines, IA
- Principal Life Insurance Company — Schedule C compensation
- Capfinancial Partners, LLC — Schedule C compensation
- Ernst & Young Llp — Schedule C compensation
- Kutak Rock Llp — Schedule C compensation