401k Plan data: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN plan

FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN
Plan identification number	001

FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA has sponsored the creation of one or more 401k plans.

Company Name: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA

Employer identification number (EIN): 420245890

NAIC Classification: 524290

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 MICHAEL VANDERFORD 2024-10-01
001 2021-01-01 GREGG DYKSTRA 2022-01-27 DAVE HEYNEN 2022-01-24
001 2020-01-01 GREGG DYKSTRA 2021-07-26 DAVE HEYNEN 2021-06-30
001 2018-01-01 GREGG DYKSTRA 2019-07-22 DAVE HEYNEN 2019-07-09
001 2017-01-01 GREGG DYKSTRA 2018-07-24 WILBUR MAAS 2018-07-09
001 2016-01-01 GREGG DYKSTRA 2017-09-18 WILBUR MAAS 2017-10-02
001 2015-01-01 GREGG DYKSTRA 2016-07-22 WILBUR MAAS 2016-07-12
001 2014-01-01 GREGG DYKSTRA 2015-07-10 WILBUR MAAS 2015-06-03
001 2013-01-01 GREGG DYKSTRA 2014-07-07 WILBUR MAAS 2014-07-22
001 2012-01-01 GREGG DYKSTRA 2013-07-26 WILBUR MAAS 2013-07-15
001 2011-01-01 GREGG DYKSTRA 2012-07-11 WILBUR MAAS 2012-06-29
001 2010-01-01 GREGG DYKSTRA 2011-05-18 WILBUR MAAS 2011-05-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	MICHAEL VANDERFORD	2024-10-01
001	2021-01-01	GREGG DYKSTRA	2022-01-27	DAVE HEYNEN	2022-01-24
001	2020-01-01	GREGG DYKSTRA	2021-07-26	DAVE HEYNEN	2021-06-30
001	2018-01-01	GREGG DYKSTRA	2019-07-22	DAVE HEYNEN	2019-07-09
001	2017-01-01	GREGG DYKSTRA	2018-07-24	WILBUR MAAS	2018-07-09
001	2016-01-01	GREGG DYKSTRA	2017-09-18	WILBUR MAAS	2017-10-02
001	2015-01-01	GREGG DYKSTRA	2016-07-22	WILBUR MAAS	2016-07-12
001	2014-01-01	GREGG DYKSTRA	2015-07-10	WILBUR MAAS	2015-06-03
001	2013-01-01	GREGG DYKSTRA	2014-07-07	WILBUR MAAS	2014-07-22
001	2012-01-01	GREGG DYKSTRA	2013-07-26	WILBUR MAAS	2013-07-15
001	2011-01-01	GREGG DYKSTRA	2012-07-11	WILBUR MAAS	2012-06-29
001	2010-01-01	GREGG DYKSTRA	2011-05-18	WILBUR MAAS	2011-05-19

Plan Statistics for FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN

401k plan membership statisitcs for FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN

Measure Date Value
2025: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-08-11 23
Total number of particpants at end of year 2025-08-11 26
Number of Participants With Account Balances 2025-08-11 26
2024: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-10-01 22
Total number of particpants at end of year 2024-10-01 24
Number of Participants With Account Balances 2024-10-01 21
2020: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 2,691,826
Acturial value of plan assets 2020-12-31 2,617,435
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 1,332,244
Number of terminated vested participants 2020-12-31 1
Fundng target for terminated vested participants 2020-12-31 6,602
Active participant vested funding target 2020-12-31 668,469
Number of active participants 2020-12-31 5
Total funding liabilities for active participants 2020-12-31 701,773
Total participant count 2020-12-31 11
Total funding target for all participants 2020-12-31 2,040,619
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 145,000
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 145,000
Present value of excess contributions 2020-12-31 452,038
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 477,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 169,882
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 5,000
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,989,216
Acturial value of plan assets 2019-12-31 2,096,701
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 1,306,858
Number of terminated vested participants 2019-12-31 2
Fundng target for terminated vested participants 2019-12-31 67,311
Active participant vested funding target 2019-12-31 547,834
Number of active participants 2019-12-31 5
Total funding liabilities for active participants 2019-12-31 572,560
Total participant count 2019-12-31 12
Total funding target for all participants 2019-12-31 1,946,729
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 165,059
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 165,059
Present value of excess contributions 2019-12-31 91,796
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 97,038
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 10,915
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 145,000
Total employer contributions 2019-12-31 475,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 452,038
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 4,000
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 0
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 452,038
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,082,578
Acturial value of plan assets 2018-12-31 1,969,256
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 592,770
Number of terminated vested participants 2018-12-31 2
Fundng target for terminated vested participants 2018-12-31 62,116
Active participant vested funding target 2018-12-31 1,199,520
Number of active participants 2018-12-31 6
Total funding liabilities for active participants 2018-12-31 1,222,461
Total participant count 2018-12-31 12
Total funding target for all participants 2018-12-31 1,877,347
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 144,801
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 144,801
Present value of excess contributions 2018-12-31 96,737
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 102,415
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 165,059
Total employer contributions 2018-12-31 100,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 96,796
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 5,000
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 5,000
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 5,000
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 96,796
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,787,888
Acturial value of plan assets 2017-12-31 1,803,792
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 578,663
Number of terminated vested participants 2017-12-31 2
Fundng target for terminated vested participants 2017-12-31 54,894
Active participant vested funding target 2017-12-31 930,289
Number of active participants 2017-12-31 6
Total funding liabilities for active participants 2017-12-31 944,781
Total participant count 2017-12-31 12
Total funding target for all participants 2017-12-31 1,578,338
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 151,055
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 151,055
Present value of excess contributions 2017-12-31 135,275
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 143,486
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 20,000
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 144,801
Total employer contributions 2017-12-31 100,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 96,737
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 76,305
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 96,737
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,561,433
Acturial value of plan assets 2016-12-31 1,660,502
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 582,788
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 50,247
Active participant vested funding target 2016-12-31 789,039
Number of active participants 2016-12-31 6
Total funding liabilities for active participants 2016-12-31 800,496
Total participant count 2016-12-31 12
Total funding target for all participants 2016-12-31 1,433,531
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 46,243
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 46,243
Present value of excess contributions 2016-12-31 135,012
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 143,450
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 106,250
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 151,055
Total employer contributions 2016-12-31 140,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 135,275
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 73,482
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 135,275
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2025: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-08-11	23
Total number of particpants at end of year	2025-08-11	26
Number of Participants With Account Balances	2025-08-11	26
2024: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-10-01	22
Total number of particpants at end of year	2024-10-01	24
Number of Participants With Account Balances	2024-10-01	21
2020: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	2,691,826
Acturial value of plan assets	2020-12-31	2,617,435
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	1,332,244
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	6,602
Active participant vested funding target	2020-12-31	668,469
Number of active participants	2020-12-31	5
Total funding liabilities for active participants	2020-12-31	701,773
Total participant count	2020-12-31	11
Total funding target for all participants	2020-12-31	2,040,619
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	145,000
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	145,000
Present value of excess contributions	2020-12-31	452,038
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	477,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	169,882
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	5,000
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,989,216
Acturial value of plan assets	2019-12-31	2,096,701
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	1,306,858
Number of terminated vested participants	2019-12-31	2
Fundng target for terminated vested participants	2019-12-31	67,311
Active participant vested funding target	2019-12-31	547,834
Number of active participants	2019-12-31	5
Total funding liabilities for active participants	2019-12-31	572,560
Total participant count	2019-12-31	12
Total funding target for all participants	2019-12-31	1,946,729
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	165,059
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	165,059
Present value of excess contributions	2019-12-31	91,796
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	97,038
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	10,915
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	145,000
Total employer contributions	2019-12-31	475,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	452,038
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	4,000
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	452,038
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,082,578
Acturial value of plan assets	2018-12-31	1,969,256
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	592,770
Number of terminated vested participants	2018-12-31	2
Fundng target for terminated vested participants	2018-12-31	62,116
Active participant vested funding target	2018-12-31	1,199,520
Number of active participants	2018-12-31	6
Total funding liabilities for active participants	2018-12-31	1,222,461
Total participant count	2018-12-31	12
Total funding target for all participants	2018-12-31	1,877,347
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	144,801
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	144,801
Present value of excess contributions	2018-12-31	96,737
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	102,415
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	165,059
Total employer contributions	2018-12-31	100,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	96,796
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	5,000
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	5,000
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	5,000
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	96,796
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,787,888
Acturial value of plan assets	2017-12-31	1,803,792
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	578,663
Number of terminated vested participants	2017-12-31	2
Fundng target for terminated vested participants	2017-12-31	54,894
Active participant vested funding target	2017-12-31	930,289
Number of active participants	2017-12-31	6
Total funding liabilities for active participants	2017-12-31	944,781
Total participant count	2017-12-31	12
Total funding target for all participants	2017-12-31	1,578,338
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	151,055
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	151,055
Present value of excess contributions	2017-12-31	135,275
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	143,486
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	20,000
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	144,801
Total employer contributions	2017-12-31	100,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	96,737
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	76,305
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	96,737
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,561,433
Acturial value of plan assets	2016-12-31	1,660,502
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	582,788
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	50,247
Active participant vested funding target	2016-12-31	789,039
Number of active participants	2016-12-31	6
Total funding liabilities for active participants	2016-12-31	800,496
Total participant count	2016-12-31	12
Total funding target for all participants	2016-12-31	1,433,531
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	46,243
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	46,243
Present value of excess contributions	2016-12-31	135,012
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	143,450
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	106,250
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	151,055
Total employer contributions	2016-12-31	140,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	135,275
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	73,482
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	135,275
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN

Measure	Date	Value
2025 : FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2025 401k financial data
Total liabilities as of the end of the plan year	2025-08-11	0
Total liabilities as of the beginning of the plan year	2025-08-11	0
Total expenses incurred by plan in this plan year	2025-08-11	11620
Net assets as of the end of the plan year	2025-08-11	641897
Total assets as of the beginning of the plan year	2025-08-11	399033
Value of plan covered by a fidelity bond	2025-08-11	70000
Participant contributions to plan in this plan year	2025-08-11	108458
Other expenses paid from plan in this plan year	2025-08-11	0
Other contributions to plan in this plan year	2025-08-11	0
Other income to plan in this plan year	2025-08-11	74908
Plan net income in this plan year	2025-08-11	242864
Net assets as of the end of the plan year	2025-08-11	641897
Net assets as of the beginning of the plan year	2025-08-11	399033
Employer contributions to plan in this plan year	2025-08-11	71118
Expensese paid to adminstrative service provicers from plan in this plan year	2025-08-11	75
2024 : FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA DEFINED BENEFIT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-10-01	8117
Net assets as of the end of the plan year	2024-10-01	399033
Total assets as of the beginning of the plan year	2024-10-01	0
Value of plan covered by a fidelity bond	2024-10-01	50000
Participant contributions to plan in this plan year	2024-10-01	89830
Other expenses paid from plan in this plan year	2024-10-01	150
Other contributions to plan in this plan year	2024-10-01	211149
Other income to plan in this plan year	2024-10-01	44399
Plan net income in this plan year	2024-10-01	399033
Net assets as of the end of the plan year	2024-10-01	399033
Net assets as of the beginning of the plan year	2024-10-01	0
Employer contributions to plan in this plan year	2024-10-01	61772

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Company Name:	FARMERS MUTUAL INSURANCE ASSOCIATION OF HULL, IOWA
Employer identification number (EIN):	420245890
NAIC Classification:	524290