Michigan Farm Bureau401(k)
FARM BUREAU EMPLOYEES' 401(K) PLAN · LANSING, MI · plan year 2025
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Michigan Farm Bureau reported $144,175 in plan administrative expenses for 2025: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,874 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio fell from 0.09% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 116th-largest of 2,619 plans among Michigan employers on file, and the 13th of 945 in agriculture, forestry & fishing. In 2025, employees put in $1.51 for every $1.00 the employer contributed.
Michigan Farm Bureau's 2025 employer contribution ran above the $4,093 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 381718391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.