Defined Benefit (Pension) · DOL Form 5500 · 2023

Federated Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$759M
Total assets Above avg plan size
2,391
Participants Above avg headcount
98th
Percentile by assets National rank
$317,449
Avg per participant High balance/head
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Official DOL plan name: Federated Mutual Retirement Plan · Sponsored by Federated Mutual Insurance Company · Minnesota · Finance & Insurance

$759M in assets, 2,391 participants

Federated Mutual Insurance Company's Federated Mutual Retirement Plan reported $759M in total assets and 2,391 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,582 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Federated Mutual Retirement Plan covers 2,391 participants in Minnesota, 2.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $759M.

#8,582
in Finance & Insurance (8,869 peers)
+16.1%
assets growth YoY
7.6×
vs typical plan assets (national mean)

Federated Mutual Retirement Plan's outsized position by total assets

Federated Mutual Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$759,021,475 Top 2% higher than 98% of 127,068 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 2023

Federated Mutual Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Federated Mutual Retirement Plan lands in the large band (2,391 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Federated Mutual Retirement Plan reported net income rose from -$323M in the plan year 2022 filing to $108M in the plan year 2023 filing.
  • Federated Mutual Retirement Plan end-of-year assets rose from $654M in the plan year 2022 filing to $759M in the plan year 2023 filing.
  • Federated Mutual Retirement Plan reported participants rose from 2,377 in the plan year 2022 filing to 2,391 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410417460 · Federated Mutual Insurance Company PY 2023 · Defined Benefit (Pension)

Federated Mutual Retirement Plan · $759M · 2,391 · 98th

  • PCT $759M
  • EIN 2,391
  • RANK 98th
  • PHOTO Defined Benefit (Pension)
  • IND near Plumbers' & Pipefitters' Local Union 562 Pension Fund
  • EOY ind #8582

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 Minnesota →

Federated Mutual Retirement Plan in the asset neighbourhood

US Foods Consolidated Defined Benefit Retirement PlanUS Foods Consolidated Define…$761MFederated Mutual Retirement PlanFederated Mutual Retirement …$759MPlumbers' & Pipefitters' Local Union 562 Pension FundPlumbers' & Pipefitters' Loc…$759MNational Hockey League Players Retirement Benefit PlanNational Hockey League Playe…$758MU.a. Local 467 Defined Benefit PlanU.a. Local 467 Defined Benef…$757M
End-of-year total assets ($M) among Federated Mutual Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$654M
Net Assets (End of Year)$759M
Net Income$108M
Employer EIN410417460
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Federated Mutual Insurance Company)

Sponsor-wide plan assets over time

All Federated Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 25.315258442611288% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.23B $1.54B ▲ +25.2%
Year Plans Participants Total Assets
2022 2 5,073 $1.2B
2023 2 5,167 $1.4B
2024 2 5,491 $1.5B

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Federated Mutual Retirement Plan, Total assets ($B): 0.759021475 · Participants: 2391Federated Mutual Retirement Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Federated Mutual Retirement Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Plumbers' & Pipefitters' Local Union 562 Pension Fund in MO ($759M); by covered participants it is Federal-Mogul Pension Plan in MI (2,391 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,391 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Federated Mutual Retirement Plan assets move in 2023? ▼
Federated Mutual Retirement Plan grew sharply - up 16.1% during 2023, from $654M to $759M. Reported net income was $108M.
How have Federated Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Federated Mutual Insurance Company's sponsor-wide assets grew 25.3%, from $1.2B to $1.5B.
Where does Federated Mutual Retirement Plan rank by assets among Form 5500 filers? ▼
Federated Mutual Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Federated Mutual Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers' & Pipefitters' Local Union 562 Pension Fund in MO ($759M, 2,521 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Federated Mutual Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Federal-Mogul Pension Plan in MI (2,391 participants, $776M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410417460.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.