UNITED FIRE GROUP INC 401(k): Principal, match 4% max
United Fire Group 401(k) Plan · UFCS · CIK 101199
Principal is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
4%
UNITED FIRE GROUP INC matches 50% of the first 8% of pay.
From the Form 11-K filed June 10, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What UNITED FIRE puts in, and what the plan costs
What UNITED FIRE put into the plan, per active participant
$4,063
UNITED FIRE GROUP INC put $4,063 into this plan for each of its 866 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
UNITED FIRE put in more per active participant than 53% of plans with 1,000–4,999 participants in insurance. The middle plan in that group of 206 reported $3,948. Insurance comes from business code 524290, which UNITED FIRE entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much UNITED FIRE pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 420644327, plan 004 · DOL EFAST2 ↗
The $4,063 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. UNITED FIRE GROUP INC also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What UNITED FIRE puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company matches 50 percent of the first 8 percent of employee contributions.”
What you contribute to collect all of it
Contribute at least 8% of your pay to collect the full match.
That is $3,960 a year at a $49,500 salary, and it scales with your own.
Vesting score
57.14 out of 100
How fast the employer’s money becomes yours. Higher than 5% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 0%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Vesting - Participants' contributions and subsequent earnings and losses immediately vest. Vesting of Company matching and discretionary contributions, plus actual earnings, is based on years of credited service. A participant is 100 percent vested after 3 years of credited service for employer matching contributions and 2 years of credited service for discretionary contributions. A participant with less than the required years of credited service is not vested except in the event of the participant's death or disability while employed by the Company, at which time the participant becomes 100 percent vested.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
98th percentile
$276.59 per participant in plan-paid administrative cost, more expensive than 98% of plans with 1,000–4,999 participants.
What is UNITED FIRE's 401(k) match formula?
UNITED FIRE's 401(k) employer match tops out at 4% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 50% of the first 8% of pay |
|---|---|
| Maximum employer match | 4% of compensation |
| Deposited | Each payroll |
| Other employer contribution | The Company may also make discretionary contributions to the Plan as defined by the Board of Directors of the Plan. The Company did not make any discretionary contributions during the year ended December 31, 2025. |
At a $90,000 salary, contributing 8% ($7,200) earns the full employer match of $3,600 for the year.
What the filing says, word for word
“The Company matches 50 percent of the first 8 percent of employee contributions.”
Source: Form 11-K filed June 10, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is UNITED FIRE's 401(k) vesting schedule?
UNITED FIRE vests the employer match on a cliff schedule: nothing is yours until three years of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a three-year cliff creates.
| Employer match vesting | Cliff: 100% vested after 3 years of service |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | 100 percent vested in the event of the participant's death or disability while employed by the Company |
| Other employer contributions | 100 percent vested after 2 years of credited service for discretionary contributions |
Vesting, word for word
“Vesting - Participants' contributions and subsequent earnings and losses immediately vest. Vesting of Company matching and discretionary contributions, plus actual earnings, is based on years of credited service. A participant is 100 percent vested after 3 years of credited service for employer matching contributions and 2 years of credited service for discretionary contributions. A participant with less than the required years of credited service is not vested except in the event of the participant's death or disability while employed by the Company, at which time the participant becomes 100 percent vested.”
Source: Form 11-K filed June 10, 2026, SEC EDGAR · SEC ↗
Who can join UNITED FIRE's 401(k), and is enrollment automatic?
UNITED FIRE enrolls new hires automatically at 6% of pay, rising 1% a year to 15% of pay.
| Plan entry | regular employees of United Fire Group, Inc. and its subsidiaries who have at least one hour of service and have attained the age of 21. Part-time employees who have at least 500 hours of service and have attained the age of 21 may also participate |
|---|---|
| Automatic enrollment | Yes: default deferral 6% of pay; auto-escalation +1%/yr to 15%; default investment: the designated default fund |
Eligibility, word for word
“The Plan is a defined contribution plan covering regular employees of United Fire Group, Inc. and its subsidiaries (collectively, the "Company") who have at least one hour of service and have attained the age of 21. Part-time employees who have at least 500 hours of service and have attained the age of 21 may also participate.”
Automatic enrollment, word for word
“The Plan includes an automatic enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 6 percent of eligible compensation with contributions invested in the designated default fund until changed by the participant. The deferral percentage for automatically enrolled participants increases by 1 percent per year up to a maximum of 15 percent of a participant's compensation.”
Source: Form 11-K filed June 10, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Principal, filed as “PRINCIPAL LIFE INSURANCE COMPANY”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
5,239 plans on file name Principal as their recordkeeper. Of those, the 5,230 with a computable fee have a median plan-paid cost of $170.05 per participant.
Participants log in at Principal ↗. 401(k) Monitor is not affiliated with Principal or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Principal |
|---|---|
| Recordkeeper EIN | 420127290 |
What does the UNITED FIRE plan report on Form 5500?
The UNITED FIRE plan reported $150.1M in assets and 1,477 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | United Fire Group 401(k) Plan |
|---|---|
| Total plan assets | $150,098,435 |
| Participants | 1,477 |
| Plan-paid admin cost per participant | $276.59 |
How that cost compares
This plan pays $276.59 per participant. The median across plans in insurance is $119.27, from the 1,004 of 1,068 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of United Fire Group 401(k) Plan, which has no page of its own here.
How does UNITED FIRE's 401(k) match compare?
UNITED FIRE GROUP INC's maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in insurance, two report the same recordkeeper and one vests on the same schedule.
Maximum match 4% of pay. Also in insurance.
Maximum match 5% of pay. Also in insurance.
Maximum match 4% of pay. Also in insurance.
Maximum match 4% of pay. Same recordkeeper, Principal.
Maximum match 4.25% of pay. Same recordkeeper, Principal.
Maximum match 5% of pay. Same 3-year cliff as UNITED FIRE.
Compare UNITED FIRE GROUP INC with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 10, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is UNITED FIRE GROUP INC's 401(k) match?
United Fire Group Inc. matches 50% of employee contributions up to 8% of eligible pay (plan year ended December 31, 2025).
When does the UNITED FIRE GROUP INC 401(k) match vest?
Cliff: 100% vested after 3 years of service.
Does UNITED FIRE GROUP INC's 401(k) plan have automatic enrollment?
Yes: default deferral 6% of pay; auto-escalation +1%/yr to 15%; default investment: the designated default fund.
Who is the recordkeeper for UNITED FIRE GROUP INC's 401(k)?
Principal is named as the recordkeeper on the Form 5500 filed for United Fire Group 401(k) Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that UNITED FIRE GROUP INC filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | UNITED FIRE GROUP INC |
| SEC CIK | 101199 |
| Accession number | 0000101199-26-000041 |
| Plan | United Fire Group 401(k) Plan |
| Period of report | December 31, 2025 |
| Filed | June 10, 2026 |
401(k) Monitor is not affiliated with UNITED FIRE GROUP INC, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “UNITED FIRE GROUP INC 401(k) plan facts”, from SEC Form 11-K accession 0000101199-26-000041, plan year ended December 31, 2025.
