Physicians Mutual Insurance Company Pension and Benefit Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Physicians Mutual Insurance Company · Nebraska · Finance & Insurance

What the 2023 filing shows

Physicians Mutual Insurance Company Pension and Benefit Plan holds $28M for 18 participants — about $1.6M per participant, down 17.2% over the 2022 plan year.

$28M
total plan assets (2022 EOY): 18
covered participants: $1.6M
avg assets per participant: -17.2%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$28M

Participants

State

Nebraska

Industry

Finance & Insurance

What the Filing Says About Physicians Mutual Insurance Company Pension and Benefit Plan

Physicians Mutual Insurance Company Pension and Benefit Plan is a Defined Benefit (Pension) retirement plan sponsored by Physicians Mutual Insurance Company, headquartered in Nebraska. As of the 2022 Form 5500 filing, the plan reports $28M in total end-of-year assets and covers 18 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 470270450, and the plan has been effective since 2018-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2022 to $28M at year-end — a decline of 17.2%. Net assets (after liabilities) closed the year at $28M, with reported net income of $-5,911,147 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$34M
Total Assets (End of Year)	$28M
Net Assets (End of Year)	$28M
Net Income	$-5,911,147
Plan Type	Defined Benefit (Pension)
Employer EIN	470270450
Plan Effective Date	2018-03-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Physicians Mutual Insurance Company)

Year	Plans	Participants	Total Assets
2022	2	982	$243M
2023	2	995	$272M
2024	2	1,017	$296M

Nearby Defined Benefit (Pension) Plans in Nebraska

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

Pension Plan for Salaried Employees of Union Pacific Corporation & Affiliates $4.4B · 3,724
Berkshire Hathaway Consolidated Pension Plan $4.2B · 10,563
Mutual of Omaha Retirement Income Plan $979M · 504
Retirement Plan for Employees and Representatives of Woodmenlife $772M · 279
The Restated Ag Processing Inc Retirement Plan $368M · 1,113

Compare Physicians Mutual Insurance Company Pens… side-by-side with 3 peers →

Related Data

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Frequently Asked Questions

How much money is in the Physicians Mutual Insurance Company Pension and Benefit Plan? ▼

As of the 2022 Form 5500 filing, Physicians Mutual Insurance Company Pension and Benefit Plan holds $28M in total assets with 18 participants. It is sponsored by Physicians Mutual Insurance Company.

What type of plan is Physicians Mutual Insurance Company Pension and Benefit Plan? ▼

Physicians Mutual Insurance Company Pension and Benefit Plan is a Defined Benefit (Pension) plan. It has been effective since 2018-03-01. The plan is filed with the U.S. Department of Labor under EIN 470270450.

Who sponsors the Physicians Mutual Insurance Company Pension and Benefit Plan? ▼

Physicians Mutual Insurance Company Pension and Benefit Plan is sponsored by Physicians Mutual Insurance Company, located in Nebraska. The sponsor's EIN is 470270450 and the plan operates in the Finance & Insurance industry.

How did Physicians Mutual Insurance Company Pension and Benefit Plan perform in 2022? ▼

Physicians Mutual Insurance Company Pension and Benefit Plan declined by 17.2% during 2022, moving from $34M to $28M in total assets. Net income was $-5,911,147.

Where can I find official filings for Physicians Mutual Insurance Company Pension and Benefit Plan? ▼

Official Form 5500 filings for Physicians Mutual Insurance Company Pension and Benefit Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 470270450 or plan name at efast.dol.gov.

How does Physicians Mutual Insurance Company Pension and Benefit Plan compare to other plans? ▼

You can compare Physicians Mutual Insurance Company Pension and Benefit Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Nebraska on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.