Defined Benefit (Pension) · DOL Form 5500 · 2022

Federated Mutual Insurance Company Pension Plan

Data updated 2026-08-11

$654M
Total assets
2,377
Participants
98th
Percentile by assets
$275,097
Avg per participant
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Official DOL plan name: Federated Mutual Retirement Plan · Sponsored by Federated Mutual Insurance Company · Minnesota · Finance & Insurance

$654M in assets, 2,377 participants

Federated Mutual Insurance Company's Federated Mutual Retirement Plan reported $654M in total assets and 2,377 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #8,964 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Federated Mutual Retirement Plan covers 2,377 participants in Minnesota, 2.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $654M.

$654M
total plan assets (2022 EOY)
2,377
covered participants
98th
percentile by assets (of 139,126 plans)
$275,097
avg assets per participant

The plan reported a net loss of $323M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Federated Mutual Retirement Plan reports 2,377 participants - 2.1x that state average ($654M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$980M
Net Assets (End of Year)$651M
Net Income-$323M
Employer EIN410417460
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Federated Mutual Insurance Company)

$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.23B $1.54B ▲ +25.2%
Total plan assets by year, all Federated Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 5,073 $1.2B
2023 2 5,167 $1.4B
2024 2 5,491 $1.5B

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Federated Mutual Ret…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…U.S. Bank Pension PlanTarget Corporation P…
Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Federated Mutual Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Federated Mutual Retirement Plan assets move in 2022?
Federated Mutual Retirement Plan contracted severely - down 33.2% during 2022, from $980M to $654M. Reported net income was -$323M.
How have Federated Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Federated Mutual Insurance Company's sponsor-wide assets grew 25.3%, from $1.2B to $1.5B.
Where does Federated Mutual Retirement Plan rank by assets among Form 5500 filers?
Federated Mutual Retirement Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Federated Mutual Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Jm Family Enterprises, Inc. Associates' Retirement Plan in FL ($653M, 4,167 participants).

Next read for Federated Mutual Retirement Plan

Filing takeaways

Ways to act on Federated Mutual Retirement Plan's numbers.

  • By total assets, Federated Mutual Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Federated Mutual Insurance Company's sponsor-wide assets have grown 25.3% since 2022 across 3 plan years on file. More Finance & Insurance plans