Defined Benefit (Pension) · DOL Form 5500 · 2022

State Farm Mutual Automobile Insurance Company Pension Plan

Data updated 2026-08-25

$32.1B
Total assets Mega-plan scale
49,052
Participants Very large workforce
100th
Percentile by assets National rank
$655,001
Avg per participant High balance/head
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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.

  • #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.

#9,260
in Finance & Insurance (9,261 peers)
-12.4%
assets change YoY
322×
vs typical plan assets (national mean)

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.

State Farm Insurance Companies Retirement Plan for United States Employees's outsized position by total assets

State Farm Insurance Companies Retirement Plan for United States Employees vs every filed plan by assets

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

$32,129,102,809 Highest reported value at or above every one 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

State Farm Insurance Companies Retirement Plan for United States Employees'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. State Farm Insurance Companies Retirement Plan for United States Employees is a mega filing (49,052 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 370533100 · State Farm Mutual Automobile Insurance Company PY 2022 · Defined Benefit (Pension)

State Farm Insurance Companies Retirement Plan for United States Employees · $32.1B · 49,052 · 100th

  • VS-ST $32.1B
  • BOY 49,052
  • SCH 100th
  • EBSA Defined Benefit (Pension)
  • PART near Kaiser Permanente Retirement Plan
  • TYPE ind #9260

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 Illinois →

State Farm Insurance Companies Retirement Plan for United States Employees in the asset neighbourhood

State Farm Insurance Companies Retirement Plan for United States EmployeesState Farm Insurance Compani…$32.1BKaiser Permanente Retirement PlanKaiser Permanente Retirement…$31.9BFedex Corporation Employees' Pension PlanFedex Corporation Employees'…$25.6BIBM Personal Pension Plan$25.5BThe Pension Value Plan for Employees of the Boeing CompanyThe Pension Value Plan for E…$25.2B
End-of-year total assets ($B) among State Farm Insurance Companies Retirement Plan for United States Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$36.7B
Net Assets (End of Year)$32.1B
Net Income-$4.6B
Employer EIN370533100
Plan Effective Date1953-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Farm Mutual Automobile Insurance Company)

Sponsor-wide plan assets over time

All State Farm Mutual Automobile Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$56.7B 21.303363481916474% vs 2022
2024 filing year
$45B$50B$55B$60B 202220232024 $46.8B $56.8B ▲ +21.3%
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 Scatter plot of 6 data points. -200000200004000060000 01020304050 Total assets ($B) Participants State Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement PlanExelon Corporation Retirement Program, Total assets ($B): 6.503776487 · Participants: 15189Exelon Corporation Retirement Program
State Farm Insurance Companies Retirement Plan for United States Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Kaiser Permanente Retirement Plan in CA ($31.9B); by covered participants it is Deloitte Pension Plan in NY (48,625 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (49,052 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 State Farm Insurance Companies Retirement Plan for United States Employees assets move in 2022? ▼
State Farm Insurance Companies Retirement Plan for United States Employees pulled back noticeably - down 12.4% during 2022, from $36.7B to $32.1B. Reported net income was -$4.6B.
How have State Farm Mutual Automobile Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Farm Mutual Automobile Insurance Company's sponsor-wide assets grew 21.3%, from $46.8B to $56.7B.
Where does State Farm Insurance Companies Retirement Plan for United States Employees rank by assets among Form 5500 filers? ▼
State Farm Insurance Companies Retirement Plan for United States Employees ranks in the 100th 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 Defined Benefit (Pension) plans are similar in size to State Farm Insurance Companies Retirement Plan for United States Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaiser Permanente Retirement Plan in CA ($31.9B, 126,331 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to State Farm Insurance Companies Retirement Plan for United States Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Deloitte Pension Plan in NY (48,625 participants, $4.0B in assets).