Iowa Farm Bureau Federation 401(k) match, vesting and fees
What Iowa Farm Bureau Federation's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Lutz and Company P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 263 defined-contribution plans in other services with 1,000 to 4,999 participants.
| Iowa Farm Bureau Federation: employer contribution per participant | $5,788 | |
| Peer median | $1,431 |
| Iowa Farm Bureau Federation: average balance | $173,779 | |
| Peer median | $42,646 |
| Iowa Farm Bureau Federation: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $441M at the end of plan year 2023 to $498M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,934 | $498M | $16.6M | $5,788 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 2,920 | $441M | $15M | $5,261 | 0.10% | Not published | Form 5500 ↗ |
Other Iowa Farm Bureau Federation plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Farm Bureau Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Lutz and Company P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Iowa Farm Bureau Federation match 401(k) contributions?
The match terms for the Farm Bureau 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $16.6M in employer contributions, about $5,788 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Iowa Farm Bureau Federation 401(k) match vested?
The vesting schedule for the Farm Bureau 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Iowa Farm Bureau Federation 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Fbl Financial Group, Inc..
I left Iowa Farm Bureau Federation. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Fbl Financial Group, Inc., (515) 226-6683) or the recordkeeper, Principal Life Insurance Company. The Iowa Farm Bureau Federation old 401(k) page lists the contacts from every plan filing. Find an old Iowa Farm Bureau Federation 401(k)
Data from the public Form 5500 annual reports Iowa Farm Bureau Federation filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Iowa Farm Bureau Federation. Not financial advice. Report a correction · Methodology