Defined Benefit (Pension) · DOL Form 5500 · 2022
State Farm Mutual Automobile Insurance Company Pension Plan
Data updated 2026-08-11
- $32.1B
- Total assets
- 49,052
- Participants
- 100th
- Percentile by assets
- $655,001
- Avg per participant
Official DOL plan name: State Farm Insurance Companies Retirement Plan for United States Employees · Sponsored by State Farm Mutual Automobile Insurance Company · Illinois · Finance & Insurance
$32.1B in assets, 49,052 participants
State Farm Mutual Automobile Insurance Company's State Farm Insurance Companies Retirement Plan for United States Employees reported $32.1B in total assets and 49,052 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,126 plans)
- #9,260 in Finance & Insurance (9,261 peers)
Coverage in Illinois
State Farm Insurance Companies Retirement Plan for United States Employees covers 49,052 participants in Illinois, 63x the typical Illinois plan (state average ~779 per filing). Assets: $32.1B.
- $32.1B
- total plan assets (2022 EOY)
- 49,052
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $655,001
- avg assets per participant
The plan reported a net loss of $4.6B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. State Farm Insurance Companies Retirement Plan for United States Employees reports 49,052 participants - 63x that state average ($32.1B EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $36.7B |
|---|---|
| Net Assets (End of Year) | $32.1B |
| Net Income | -$4.6B |
| Employer EIN | 370533100 |
| Plan Effective Date | 1953-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (State Farm Mutual Automobile Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 102,668 | $46.8B |
| 2023 | 2 | 105,247 | $52.2B |
| 2024 | 2 | 104,916 | $56.7B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
State Farm Insurance Companies Retirement Plan for United States Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
- Exelon Corporation Retirement Program $6.5B · 15,189
Scale composition for State Farm Insurance Companies Retirement Plan for United States Employees
State Farm Insurance Companies Retirement Plan for United States Employees reports $32.1B in end-of-year assets across 49,052 participants (0.26% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.052% of 93,925,755 covered participants) - about $655,001 per participant (4.7x the national average assets-per-participant) . Net income for plan year 2022 was -$4.6B.
This plan identity (EIN 370533100, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $32.1B to $37.7B (+17.5%) while covered participants moved from 49,052 to 41,619 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 49,052 | $32.1B | This page |
| 2023 | 45,001 | $35.2B | Open filing |
| 2024 · index core | 41,619 | $37.7B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- State Farm Insurance Companies Retirement Plan for United States Employees (Defined Benefit (Pension), $37.7B, 41,619 participants)
- State Farm 401(k) Savings Plan (401(k), $19.0B, 63,297 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to State Farm Insurance Companies Retirement Plan for United States Employees by total assets, not by location.
- Kaiser Permanente Retirement Plan (CA) $31.9B · 126,331
- Fedex Corporation Employees' Pension Plan (TN) $25.6B · 119,742
- IBM Personal Pension Plan (NY) $25.5B · 16,431
- The Pension Value Plan for Employees of the Boeing Company (WA) $25.2B · 34,042
Frequently Asked Questions
How did State Farm Insurance Companies Retirement Plan for United States Employees assets move in 2022? ▼
How have State Farm Mutual Automobile Insurance Company plan assets changed over time? ▼
Where does State Farm Insurance Companies Retirement Plan for United States Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to State Farm Insurance Companies Retirement Plan for United States Employees? ▼
Next read for State Farm Insurance Companies Retiremen…
Filing takeaways
Ways to act on State Farm Insurance Companies Retirement Plan for United States Employees's numbers.
- By total assets, State Farm Insurance Companies Retirement Plan for United States Employees ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- State Farm Mutual Automobile Insurance Company's sponsor-wide assets have grown 21.3% since 2022 across 3 plan years on file. More Finance & Insurance plans