Plan5500

Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. — Form 5500 plan (North Carolina Farm Bureau Federation, 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, Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. is a benefit plan reported by North Carolina Farm Bureau Federation, Inc. under EIN 56-0340590 and plan number 002. The latest loaded filing year is 2023. The filing reports 626 participants and $6,535,954 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,535,954
Participants626Covered participants reported
Assets / participant$10.4KComputed: assets ÷ participants$10,441 (computed)
Provider compensation$21.5K2 Schedule C provider row(s)$21,517
Plan sponsor
North Carolina Farm Bureau Federation, Inc.
EIN
56-0340590
Plan number
002
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    626 participants · 2Sch HSch C
    View filing →
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)$6.5M total assets
Net assets$6.5MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$540.8K
Benefits paid / distributions$519.3K
Contributions
EmployerNot reported
Participant$603.5K
Full reported line items

Net assets

Total assets (EOY)
$6,535,954
Total liabilities (EOY)
$0
Net assets (EOY)
$6,535,954
Net assets (BOY)
$5,587,954

Income & contributions

Participant contributions
$603,532
Total contributions
$740,361
Total income / additions
$1,538,056

Expenses & distributions

Benefits paid
$519,307
Administrative expenses
$21,540
Total expenses
$540,847
Net increase / (decrease)
$997,209
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 assets8%Computed ratio
Benefits paid ÷ total income34%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$21.5K
    CONTRACT ADMINISTRATOR · Direct $21.5K · Indirect $0
  2. 2
    Wilshire Advisors LLC$0
    INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc.?
Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. is reported as sponsored by North Carolina Farm Bureau Federation, Inc. (EIN 56-0340590, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc.?
The latest Form 5500 filing year loaded for Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. is 2023.
How many participants does Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. report?
Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. reports 626 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc.?
Employees' 401(K) Plan Of The North Carolina Farm Bureau Federation, Inc. reports $6,535,954 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages