Farm Bureau Retirement Plan — Form 5500 plan (Iowa Farm Bureau Federation)
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 Retirement Plan is a benefit plan reported by Iowa Farm Bureau Federation under EIN 42-0331840 and plan number 005. The latest loaded filing year is 2023. The filing reports 164 participants and $47,891,432 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$47.9MPlan net assets, end of year$47,891,432
Participants164Covered participants reported
Assets / participant$292KComputed: assets ÷ participants$292,021 (computed)
Provider compensation$77.9K3 Schedule C provider row(s)$77,871
- Plan sponsor
- Iowa Farm Bureau Federation
- EIN
- 42-0331840
- Plan number
- 005
- Plan type
- 2
- Location
- West Des Moines, IA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H, C | 20241014092846NAL0014701235001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$47.9M total assets
Net assets$47.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $47,891,432
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,891,432
- Net assets (BOY)
- $42,724,048
Income & contributions
- Employer contributions
- $1,900,000
- Total contributions
- $1,900,000
- Total income / additions
- $6,874,095
Expenses & distributions
- Benefits paid
- $1,628,917
- Administrative expenses
- $77,794
- Total expenses
- $1,706,711
- Net increase / (decrease)
- $5,167,384
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ernst & Young | ACCOUNTANT | $34,495 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $11,301 | $16,625 | 2023 |
| Capfinancial Partners Llp | INVESTMENT ADVISORY | $15,450 | not reported in the loaded dataset | 2023 |