Plan Snapshot
- Plan Sponsor: Kentucky Farm Bureau Mutual Insurance Company
- Sponsor EIN: 610392792
- Sponsor Address: 9201 BUNSEN PARKWAY, LOUISVILLE, KY, 40220
- Plan Type: 401(k)
- Total Participants: 684
- Total Assets: $112.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 684 | $112.2M | $3.5M | $5.4M |
| 2023 | 681 | $93.8M | $3.1M | $4.9M |
| 2022 | 636 | $78.7M | $2.5M | $4.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $22,199 | — | — | — | — |
| 2023 | $17,018 | — | — | — | — |
| 2022 | $12,588 | — | $10,165 | — | — |