North Carolina Farm Bureau Federation, Inc. 401(k) Plan: Login, Facts & Contact Information

North Carolina Farm Bureau Federation, Inc. 401(k) Plan Facts

Plan name
EMPLOYEES' 401(K) PLAN OF THE NORTH CAROLINA FARM BUREAU FEDERATION, INC.
Plan type
401(k) and profit sharing
Plan sponsor
NORTH CAROLINA FARM BUREAU FEDERATION, INC.
Participants
633 (608 active employees)
Former employees with a balance
18
Plan assets
$7,050,465 at Dec 31, 2024
Average account balance
$22,966 across 307 accounts
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1998
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $750,487 went into the plan in contributions.
  • $1.03 million was paid out to participants.
  • Investment and other income added $902,341.
  • Administrative expenses were $20,819, about $68 per account.

How the North Carolina Farm Bureau Federation, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019669$3.87 million—$82,932
2020583$4.70 million$0$69,543
2021612$5.98 million—$482,410
2022613$5.59 million—$209,951
2023626$6.54 million—$519,307
2024633$7.05 million—$1.03 million

North Carolina Farm Bureau Federation, Inc. 401(k) Contact Information

Phone
919-782-1705
Mailing address
PO BOX 27766, RALEIGH NC 27611
Plan sponsor
NORTH CAROLINA FARM BUREAU FEDERATION, INC.
Employer identification number (EIN)
56-0340590
Plan number
002

Questions about the North Carolina Farm Bureau Federation, Inc. 401(k)

Does North Carolina Farm Bureau Federation, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500.

Does the North Carolina Farm Bureau Federation, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the North Carolina Farm Bureau Federation, Inc 401(k) plan?

633 participants at the start of plan year 2024, 608 of them active employees, and 18 former employees who still had money in the plan.

What is the average 401(k) balance at North Carolina Farm Bureau Federation, Inc?

About $22,966 per account: $7.05 million in plan assets across 307 accounts with a balance at the end of plan year 2024.

Who manages the North Carolina Farm Bureau Federation, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at North Carolina Farm Bureau Federation, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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