401(k) · DOL Form 5500 · 2022

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

Data updated 2026-08-06

$1.7B
Total assets
13,713
Participants
99th
Percentile by assets
$125,395
Avg per participant
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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.

  • 99th percentile by assets (of 139,258 plans)
  • #9,140 in Finance & Insurance (9,267 peers)

Coverage in Wisconsin

American Family 401(k) Plan covers 13,713 participants in Wisconsin, 24x the typical Wisconsin plan (state average ~565 per filing). Assets: $1.7B.

$1.7B
total plan assets (2022 EOY)
13,713
covered participants
99th
percentile by assets (of 139,258 plans)
$125,395
avg assets per participant

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.

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 565 participants across 2,767 plans. American Family 401(k) Plan reports 13,713 participants - 24x that state average ($1.7B EOY assets).

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.)

$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.92B $3.46B ▲ +18.5%
Total plan assets by year, all American Family Mutual Insurance Company, S.I. plans on file
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

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(…Johnson Controls Ret…Fiserv 401(k) Saving…Kimberly-Clark Corpo…Rockwell Automation …Nm Employee Savings …
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 (0.015% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $125,395 per participant (92% 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to American Family 401(k) Plan by total assets, not by location.

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 139,258 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).

Filing takeaways

Ways to act on American Family 401(k) Plan's numbers.