Plan5500

Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance — Form 5500 plan (North Carolina Farm Bureau Mutual Insurance Company)

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 North Carolina Farm Bureau Mutual Insurance is a benefit plan reported by North Carolina Farm Bureau Mutual Insurance Company under EIN 56-0586973 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,386 participants and $46,496,315 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$46.5MPlan net assets, end of year$46,496,315
Participants1.4KCovered participants reported1,386
Assets / participant$33.5KComputed: assets ÷ participants$33,547 (computed)
Provider compensation$66.1K2 Schedule C provider row(s)$66,106
Plan sponsor
North Carolina Farm Bureau Mutual Insurance Company
EIN
56-0586973
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
    1,386 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)$46.5M total assets
Net assets$46.5MLiabilities$0
Money in vs. money out
Total income / additions$10.2M
Total expenses$3.7M
Benefits paid / distributions$3.6M
Contributions
EmployerNot reported
Participant$3.1M
Full reported line items

Net assets

Total assets (EOY)
$46,496,315
Total liabilities (EOY)
$0
Net assets (EOY)
$46,496,315
Net assets (BOY)
$39,934,115

Income & contributions

Participant contributions
$3,097,283
Total contributions
$3,539,382
Total income / additions
$10,208,390

Expenses & distributions

Benefits paid
$3,629,247
Administrative expenses
$66,152
Total expenses
$3,695,399
Net increase / (decrease)
$6,512,991
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 income36%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$66.1K
    CONTRACT ADMINISTRATOR · Direct $66.1K · 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 North Carolina Farm Bureau Mutual Insurance?
Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance is reported as sponsored by North Carolina Farm Bureau Mutual Insurance Company (EIN 56-0586973, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance?
The latest Form 5500 filing year loaded for Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance is 2023.
How many participants does Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance report?
Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance reports 1,386 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance?
Employees' 401(K) Plan Of North Carolina Farm Bureau Mutual Insurance reports $46,496,315 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