Virginia Farm Bureau Companies Employees' 401(K) Plan — Form 5500 plan (Virginia 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, Virginia Farm Bureau Companies Employees' 401(K) Plan is a benefit plan reported by Virginia Farm Bureau under EIN 54-0502500 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,103 participants and $206,056,667 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Virginia Farm Bureau
EIN
54-0502500
Plan number
002
Plan type
2
Location
Richmond, VA
Latest filing year
2023
Participants
1,103
End-of-year plan assets
$206,056,667

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,103H, C20241007140208NAL0031092018001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$206,056,667
Total liabilities (EOY)
$53,680
Net assets (EOY)
$206,002,987
Net assets (BOY)
$194,954,734

Income & contributions

Employer contributions
$3,062,671
Participant contributions
$4,987,606
Total contributions
$8,486,758
Total income / additions
$38,035,244

Expenses & distributions

Benefits paid
$26,928,590
Administrative expenses
$47,291
Total expenses
$26,986,991
Net increase / (decrease)
$11,048,253

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$136,722$02023
Benefit Fiduciary Group LLCADVISOR/INVESTMENT ADVI$85,168not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$5,972not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$1,104$02023

Related Form 5500 pages