Georgia Farm Bureau Companies Employee Savings Plan — Form 5500 plan (Georgia Farm Bureau Inc)

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, Georgia Farm Bureau Companies Employee Savings Plan is a benefit plan reported by Georgia Farm Bureau Inc under EIN 58-0707657 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,433 participants and $204,709,233 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Georgia Farm Bureau Inc
EIN
58-0707657
Plan number
002
Plan type
2
Location
Macon, GA
Latest filing year
2023
Participants
1,433
End-of-year plan assets
$204,709,233

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,433H, C20240926151552NAL0000848305001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$204,709,233
Total liabilities (EOY)
$0
Net assets (EOY)
$204,709,233
Net assets (BOY)
$181,604,543

Income & contributions

Employer contributions
$4,749,725
Participant contributions
$7,351,684
Total contributions
$12,734,043
Total income / additions
$42,006,360

Expenses & distributions

Benefits paid
$18,740,828
Administrative expenses
$160,842
Total expenses
$18,901,670
Net increase / (decrease)
$23,104,690

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$112,477$02023
Alliant Insurance Services, Inc.INVESTMENT ADVISORY$48,365$1352023

Related Form 5500 pages