401(k) · DOL Form 5500 · 2022

American Family Mutual Insurance Company, S.I. 401(k) Plan

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
13,713
Participants Very large workforce
99th
Percentile by assets National rank
$125,395
Avg per participant Near avg balance/head
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Official DOL plan name: American Family 401(k) Plan · Sponsored by American Family Mutual Insurance Company, S.I. · Wisconsin · Finance & Insurance

$1.7B in assets, 13,713 participants

American Family Mutual Insurance Company, S.I.'s American Family 401(k) Plan reported $1.7B in total assets and 13,713 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,134 in Finance & Insurance (9,261 peers)

Coverage in Wisconsin

American Family 401(k) Plan covers 13,713 participants in Wisconsin, 24x the typical Wisconsin plan (state average ~563 per filing). Assets: $1.7B.

#9,134
in Finance & Insurance (9,261 peers)
-18.2%
assets change YoY
17×
vs typical plan assets (national mean)

The plan reported a net loss of $383M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Family 401(k) Plan's outsized position by total assets

American Family 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,719,535,400 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

American Family 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Family 401(k) Plan is a mega filing (13,713 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 390273710 · American Family Mutual Insurance Company, S.I. PY 2022 · 401(k)

American Family 401(k) Plan · $1.7B · 13,713 · 99th

  • PHOTO $1.7B
  • IND 13,713
  • EOY 99th
  • 5500 401(k)
  • ASSETS near Netjets Aviation, Inc. 401(k) Retirement Plan
  • PCT ind #9134

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Wisconsin →

American Family 401(k) Plan in the asset neighbourhood

American Family 401(k) Plan$1.7BNetjets Aviation, Inc. 401(k) Retirement PlanNetjets Aviation, Inc. 401(k…$1.7BHilton 401(k) Plan$1.7BNetapp, Inc. Employees' 401(k) Savings PlanNetapp, Inc. Employees' 401(…$1.7BNcr Savings Plan$1.7B
End-of-year total assets ($B) among American Family 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Wisconsin filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$1.7B
Net Income-$383M
Employer EIN390273710
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Family Mutual Insurance Company, S.I.)

Sponsor-wide plan assets over time

All American Family Mutual Insurance Company, S.I. plans reported in each filing year

Latest sponsor-wide plan assets
$3.5B 18.340009346582878% vs 2022
2024 filing year
$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.92B $3.46B ▲ +18.5%
Year Plans Participants Total Assets
2022 2 25,094 $2.9B
2023 2 24,796 $3.3B
2024 2 23,752 $3.5B

Nearby 401(k) Plans in Wisconsin

Peer 401(k) plans, same state, same plan type, ranked by total assets.

American Family 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 123456 Total assets ($B) Participants American Family 401(k) Plan, Total assets ($B): 1.7195354 · Participants: 13713American Family 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
American Family 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Scale composition for American Family 401(k) Plan

American Family 401(k) Plan reports $1.7B in end-of-year assets across 13,713 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $125,395 per participant (91% of the national average assets-per-participant) . Net income for plan year 2022 was -$383M.

This plan identity (EIN 390273710, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.2B (+27.6%) while covered participants moved from 13,713 to 12,720 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,713 $1.7B This page
2023 13,277 $2.0B Open filing
2024 · index core 12,720 $2.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

American Family 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Netjets Aviation, Inc. 401(k) Retirement Plan in OH ($1.7B); by covered participants it is Michelin 401(k) Savings Plan in SC (13,708 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,713 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did American Family 401(k) Plan assets move in 2022? ▼
American Family 401(k) Plan declined sharply - down 18.2% during 2022, from $2.1B to $1.7B. Reported net income was -$383M.
How have American Family Mutual Insurance Company, S.I. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Family Mutual Insurance Company, S.I.'s sponsor-wide assets grew 18.3%, from $2.9B to $3.5B.
Where does American Family 401(k) Plan rank by assets among Form 5500 filers? ▼
American Family 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to American Family 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Netjets Aviation, Inc. 401(k) Retirement Plan in OH ($1.7B, 2,860 participants).
Which 401(k) plans cover a similar participant headcount to American Family 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Michelin 401(k) Savings Plan in SC (13,708 participants, $3.6B in assets).