401(k) · DOL Form 5500 · 2023

American Family Mutual Insurance Company, S.I. 401(k) Plan

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
13,277
Participants Very large workforce
99th
Percentile by assets National rank
$150,895
Avg per participant Above avg balance/head
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Official DOL plan name: American Family 401(k) Plan · Sponsored by American Family Mutual Insurance Company, S.I. · Wisconsin · Finance & Insurance

$2.0B in assets, 13,277 participants

American Family Mutual Insurance Company, S.I.'s American Family 401(k) Plan reported $2.0B in total assets and 13,277 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,744 in Finance & Insurance (8,869 peers)

Coverage in Wisconsin

American Family 401(k) Plan covers 13,277 participants in Wisconsin, 24x the typical Wisconsin plan (state average ~563 per filing). Assets: $2.0B.

#8,744
in Finance & Insurance (8,869 peers)
+16.5%
assets growth YoY
20×
vs typical plan assets (national mean)

American Family 401(k) Plan's outsized position by total assets

American Family 401(k) Plan vs every filed plan by assets

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

$2,003,426,572 Top 1% higher than 99% 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

American Family 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Family 401(k) Plan is a mega filing (13,277 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Family 401(k) Plan reported net income rose from -$383M in the plan year 2022 filing to $285M in the plan year 2023 filing.
  • American Family 401(k) Plan end-of-year assets rose from $1.7B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
  • American Family 401(k) Plan reported participants fell from 13,713 in the plan year 2022 filing to 13,277 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 390273710 · American Family Mutual Insurance Company, S.I. PY 2023 · 401(k)

American Family 401(k) Plan · $2.0B · 13,277 · 99th

  • EOY $2.0B
  • EOY 13,277
  • EOY 99th
  • EOY 401(k)
  • EOY near Bmw Savings Plan
  • EOY ind #8744

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 Wisconsin →

American Family 401(k) Plan in the asset neighbourhood

Kellogg Brown & Root, Inc. Retirement and Savings PlanKellogg Brown & Root, Inc. R…$2.0BAmerican Family 401(k) Plan$2.0BBmw Savings Plan$2.0BWorkday, Inc. 401(k) Plan$2.0BCommscope, Inc. Retirement Savings PlanCommscope, Inc. Retirement S…$2.0B
End-of-year total assets ($B) among American Family 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$2.0B
Net Income$285M
Employer EIN390273710
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Family Mutual Insurance Company, S.I.)

Sponsor-wide plan assets over time

All American Family Mutual Insurance Company, S.I. plans reported in each filing year

Latest sponsor-wide plan assets
$3.5B 18.340009346582878% vs 2022
2024 filing year
$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.92B $3.46B ▲ +18.5%
Year Plans Participants Total Assets
2022 2 25,094 $2.9B
2023 2 24,796 $3.3B
2024 2 23,752 $3.5B

Nearby 401(k) Plans in Wisconsin

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

American Family 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0246810 Total assets ($B) Participants American Family 401(k) Plan, Total assets ($B): 2.003426572 · Participants: 13277American Family 401(k) PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
American Family 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare American Family 401(k) Plan side-by-side with 3 peers →

Scale composition for American Family 401(k) Plan

American Family 401(k) Plan reports $2.0B in end-of-year assets across 13,277 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $150,895 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $285M.

This plan identity (EIN 390273710, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.2B (+27.6%) while covered participants moved from 13,713 to 12,720 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,713 $1.7B Open filing
2023 13,277 $2.0B This page
2024 · index core 12,720 $2.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

American Family 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Bmw Savings Plan in NJ ($2.0B); by covered participants it is Defined Contribution Retirement Plan of Moses Cone Health System in NC (13,278 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,277 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 American Family 401(k) Plan assets move in 2023? ▼
American Family 401(k) Plan grew sharply - up 16.5% during 2023, from $1.7B to $2.0B. Reported net income was $285M.
How have American Family Mutual Insurance Company, S.I. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Family Mutual Insurance Company, S.I.'s sponsor-wide assets grew 18.3%, from $2.9B to $3.5B.
Where does American Family 401(k) Plan rank by assets among Form 5500 filers? ▼
American Family 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to American Family 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bmw Savings Plan in NJ ($2.0B, 12,280 participants).
Which 401(k) plans cover a similar participant headcount to American Family 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Defined Contribution Retirement Plan of Moses Cone Health System in NC (13,278 participants, $243M 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 390273710.

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.