401(k) · DOL Form 5500 · 2023

Sfm Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
307
Participants Below avg headcount
90th
Percentile by assets National rank
$265,237
Avg per participant High balance/head
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Official DOL plan name: Sfm Mutual Insurance Company Savings and Retirement Plan · Sponsored by Sfm Mutual Insurance Company · Minnesota · Finance & Insurance

$81M in assets, 307 participants

Sfm Mutual Insurance Company's Sfm Mutual Insurance Company Savings and Retirement Plan reported $81M in total assets and 307 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,480 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Sfm Mutual Insurance Company Savings and Retirement Plan covers 307 participants in Minnesota, about 27% of the average Minnesota filer (state average ~1,126 per filing). Assets: $81M.

#7,480
in Finance & Insurance (8,869 peers)
+11.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Sfm Mutual Insurance Company Savings and Retirement Plan's outsized position by total assets

Sfm Mutual Insurance Company Savings and Retirement Plan vs every filed plan by assets

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

$81,427,695 Top 10% higher than 90% 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

Sfm Mutual Insurance Company Savings and Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sfm Mutual Insurance Company Savings and Retirement Plan sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sfm Mutual Insurance Company Savings and Retirement Plan reported net income rose from -$12M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Sfm Mutual Insurance Company Savings and Retirement Plan end-of-year assets rose from $73M in the plan year 2022 filing to $81M in the plan year 2023 filing.
  • Sfm Mutual Insurance Company Savings and Retirement Plan reported participants rose from 279 in the plan year 2022 filing to 307 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411459789 · Sfm Mutual Insurance Company PY 2023 · 401(k)

Sfm Mutual Insurance Company Savings and Retirement Plan · $81M · 307 · 90th

  • EBSA $81M
  • PART 307
  • TYPE 90th
  • NET 401(k)
  • BOOK near Credit One Bank, N. a. 401(k) Plan and Trust
  • VS-ST ind #7480

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 →

Sfm Mutual Insurance Company Savings and Retirement Plan in the asset neighbourhood

Sfm Mutual Insurance Company Savings and Retirement PlanSfm Mutual Insurance Company…$81MCredit One Bank, N. a. 401(k) Plan and TrustCredit One Bank, N. a. 401(k…$81MTencarva Machinery Company Profit Sharing & 401(k) PlanTencarva Machinery Company P…$81MAdvisor360 401(k) P/S Plan$81MOracle Financial Services Software Inc. 401(k) Profit Sharing PlanOracle Financial Services So…$81M
End-of-year total assets ($M) among Sfm Mutual Insurance Company Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$73M
Net Assets (End of Year)$81M
Net Income$8M
Employer EIN411459789
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sfm Mutual Insurance Company)

Sponsor-wide plan assets over time

All Sfm Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$92M 25.320954497094572% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $73.2M $91.7M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 279 $73M
2023 1 307 $81M
2024 1 336 $92M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sfm Mutual Insurance Company Savings and Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Sfm Mutual Insurance Company Savings and Retirement Plan, Total assets ($B): 0.081427695 · Participants: 307Sfm Mutual Insurance Company Savings and Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Sfm Mutual Insurance Company Savings and Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Sfm Mutual Insurance Company Savings and Retirement Plan side-by-side with 3 peers →

Sfm Mutual Insurance Company Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Credit One Bank, N. a. 401(k) Plan and Trust in NV ($81M); by covered participants it is Reliable Heating and Air 401(k) Plan in GA (307 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (307 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 Sfm Mutual Insurance Company Savings and Retirement Plan assets move in 2023? ▼
Sfm Mutual Insurance Company Savings and Retirement Plan grew at a solid clip - up 11.3% during 2023, from $73M to $81M. Reported net income was $8M.
How have Sfm Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sfm Mutual Insurance Company's sponsor-wide assets grew 25.3%, from $73M to $92M.
Where does Sfm Mutual Insurance Company Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Sfm Mutual Insurance Company Savings and Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sfm Mutual Insurance Company Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Credit One Bank, N. a. 401(k) Plan and Trust in NV ($81M, 778 participants).
Which 401(k) plans cover a similar participant headcount to Sfm Mutual Insurance Company Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Reliable Heating and Air 401(k) Plan in GA (307 participants, $5M 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 411459789.

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.