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Indiana Farm Bureau Retirement Plan
Indiana Farm Bureau Retirement Plan operates as the retirement savings arm within the broader Indiana Farm Bureau organization — the state's largest...
Indiana Farm Bureau Retirement Plan
Indiana Farm Bureau Retirement Plan operates as the retirement savings arm within the broader Indiana Farm Bureau organization — the state's largest agricultural membership association. The plan is administered through Indiana Farm Bureau Insurance, with affiliated companies including United Farm Family Life Insurance Company serving as key structural partners. The platform offers traditional, Roth, and spousal IRAs, along with individual retirement annuities, all distributed through FBL Marketing Services, LLC. The retirement plan's assets appear concentrated in insurance-company general account instruments and lightly in direct real property. Known balance-sheet holdings include the Indiana Farm Bureau Headquarters at 225 South East Street in Indianapolis and the Indiana Farm Bureau Fall Creek Pavilion, a mixed-use facility at the Indiana State Fairgrounds. Fixed-income exposure includes a senior note position in Curtiss-Wright Corporation, an aerospace and defense firm based in North Carolina. The plan's investment posture reflects a conservative, insurance-led allocation model rather than an externally managed pension portfolio. The plan reports no dedicated investment team independent of the insurance company officers. Oversight rests with senior executives of Indiana Farm Bureau Insurance and the parent Indiana Farm Bureau — EVP and CEO Kevin Murphy, President Randy Kron, COO and Treasurer Mark Sigler, and SVP and CFO Nick Cebulko. The national affiliate, American Farm Bureau Federation, provides industry-association connectivity but no investment-management services. Philanthropic activities sit separately under the Farm Bureau Foundation, Indiana 4-H Foundation, and Indiana Ag Law Foundation, which are not funded by retirement-plan assets. Structurally, this plan differs from most state or municipal pension funds in that it does not operate as a standalone trust with an independent board. It functions as a suite of insurance products — individual retirement annuities and IRAs — issued and administered by a captive insurance carrier for the benefit of association members. There is no disclosed external investment committee, consultant relationship, or public board meeting process governing asset allocation.
General information
Firm type
Pension Fund
Year founded
1940
Location
Region
North America
Country
United States
City
Indianapolis
Corporate office
Indianapolis, IN, United States
Principals
Kevin Murphy
EVP and CEO, Indiana Farm Bureau Insurance
Randy Kron
President, Indiana Farm Bureau
Mark Sigler
COO and Treasurer, Indiana Farm Bureau
Nick Cebulko
SVP, CFO, and Treasurer
Sector focus
Frequently asked questions
Who runs investment decisions at Indiana Farm Bureau Retirement Plan?
Investment oversight for the retirement plan's underlying assets resides with the senior leadership of Indiana Farm Bureau Insurance and its parent organization. Named executives include Kevin Murphy (EVP and CEO of Indiana Farm Bureau Insurance), Randy Kron (President of Indiana Farm Bureau), Mark Sigler (COO and Treasurer), and Nick Cebulko (SVP, CFO, and Treasurer). No dedicated internal investment team or external investment committee is publicly identified.
Is this plan structured as a standalone pension fund or as insurance products?
The plan is structured as a suite of individual retirement products — including traditional IRAs, Roth IRAs, spousal IRAs, and individual retirement annuities — rather than as a defined-benefit pension trust with an independent board. Securities and services are offered through FBL Marketing Services, LLC. This insurance-company-based model differs fundamentally from separately managed public or corporate pension funds.
Does the plan participate in fund commitments or only direct holdings?
Based on publicly available information, the plan's known holdings consist of direct real estate assets — the Indiana Farm Bureau headquarters building and the Fall Creek Pavilion mixed-use facility — and a direct corporate senior note position in Curtiss-Wright Corporation. There is no disclosed participation in private equity funds, hedge funds, or external commingled vehicles.
Which asset classes does the retirement plan hold?
Known asset classes include commercial real estate (the headquarters at 225 South East Street in Indianapolis), mixed-use real estate (the Fall Creek Pavilion at the Indiana State Fairgrounds), and fixed income (Curtiss-Wright Corporation senior notes). The allocation appears rooted in insurance-company general account assets, with no disclosed exposure to public equities, private equity, or venture capital.
How is the plan related to Indiana Farm Bureau Inc. and United Farm Family Life Insurance Company?
Indiana Farm Bureau Inc. is the parent agricultural membership association that provides organizational sponsorship. United Farm Family Life Insurance Company is an affiliated insurance carrier whose employees are covered by the plan. Indiana Farm Bureau Insurance administers the retirement products and serves as the operating hub for the entire retirement platform.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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