Plan5500

Farmers Mutual Hail Tax Deferred Savings Plan — Form 5500 plan (Farmers Mutual Hail Insurance Company Of Iowa)

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, Farmers Mutual Hail Tax Deferred Savings Plan is a benefit plan reported by Farmers Mutual Hail Insurance Company Of Iowa under EIN 42-0245840 and plan number 002. The latest loaded filing year is 2023. The filing reports 695 participants and $154,121,746 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Farmers Mutual Hail Insurance Company Of Iowa
EIN
42-0245840
Plan number
002
Plan type
2
Location
West Des Moines, IA
Latest filing year
2023
Participants
695
End-of-year plan assets
$154,121,746

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023695H, C20241213133318NAL0010472931001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$154,121,746
Total liabilities (EOY)
$0
Net assets (EOY)
$154,121,746
Net assets (BOY)
$121,349,526

Income & contributions

Employer contributions
$5,515,092
Participant contributions
$5,303,213
Total contributions
$22,395,671
Total income / additions
$41,749,989

Expenses & distributions

Benefits paid
$8,748,921
Administrative expenses
$228,848
Total expenses
$8,977,769
Net increase / (decrease)
$32,772,220

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capfinancial Partners, LLCINVESTMENT ADVISORY$119,925$242023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$108,923$9602023
Eide Bailly LlpACCOUNTANT$0$10,1002023

Related Form 5500 pages