Defined Benefit (Pension) · DOL Form 5500 · 2023

Federated Mutual Insurance Company Pension Plan

Data updated 2026-08-11

$759M
Total assets
2,391
Participants
98th
Percentile by assets
$317,449
Avg per participant
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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.

  • 98th percentile by assets (of 127,072 plans)
  • #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.

$759M
total plan assets (2023 EOY)
2,391
covered participants
98th
percentile by assets (of 127,072 plans)
$317,449
avg assets per participant

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 →

State
Minnesota
Industry
Finance & Insurance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Federated Mutual Retirement Plan reports 2,391 participants - 2.1x that state average ($759M EOY assets).

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)

$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.23B $1.54B ▲ +25.2%
Total plan assets by year, all Federated Mutual Insurance Company plans on file
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

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 Ret…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…General Mills Pensio…U.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 →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Federated Mutual Retirement Plan by total assets, not by location.

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).

Next read for Federated Mutual Retirement Plan

Filing takeaways

Ways to act on Federated Mutual Retirement Plan's numbers.

  • By total assets, Federated Mutual Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Federated Mutual Insurance Company's sponsor-wide assets have grown 25.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.