401(k) · DOL Form 5500 · 2023

Farmers Group, Inc. 401(k) Plan

Data updated 2026-08-11

$4.6B
Total assets
22,503
Participants
100th
Percentile by assets
$205,432
Avg per participant
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Official DOL plan name: Farmers Group, Inc. 401(k) Savings Plan · Sponsored by Farmers Group, Inc. · California · Finance & Insurance

$4.6B in assets, 22,503 participants

Farmers Group, Inc.'s Farmers Group, Inc. 401(k) Savings Plan reported $4.6B in total assets and 22,503 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 127,072 plans)
  • #8,821 in Finance & Insurance (8,869 peers)

Coverage in California

Farmers Group, Inc. 401(k) Savings Plan covers 22,503 participants in California, 36x the typical California plan (state average ~630 per filing). Assets: $4.6B.

$4.6B
total plan assets (2023 EOY)
22,503
covered participants
100th
percentile by assets (of 127,072 plans)
$205,432
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farmers Group, Inc. 401(k) Savings Plan reported net income rose from -$621M in the plan year 2022 filing to $520M in the plan year 2023 filing.
  • Farmers Group, Inc. 401(k) Savings Plan end-of-year assets rose from $4.1B in the plan year 2022 filing to $4.6B in the plan year 2023 filing.
  • Farmers Group, Inc. 401(k) Savings Plan reported participants rose from 22,423 in the plan year 2022 filing to 22,503 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Finance & Insurance

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Farmers Group, Inc. 401(k) Savings Plan reports 22,503 participants - 36x that state average ($4.6B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$4.1B
Net Assets (End of Year)$4.6B
Net Income$520M
Employer EIN950725935
Plan Effective Date1948-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers Group, Inc.)

$4B$5B$6B$7B$8B 202220232024 $6.66B $4.99B ▼ -25.1%
Total plan assets by year, all Farmers Group, Inc. plans on file
Year Plans Participants Total Assets
2022 2 34,475 $6.7B
2023 2 32,236 $7.2B
2024 1 19,026 $5.0B

Nearby 401(k) Plans in California

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

Farmers Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Farmers Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 0204060 Total assets ($B) Participants Farmers Group, Inc. …Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Farmers Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Farmers Group, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Farmers Group, Inc. 401(k) Savings Plan

Farmers Group, Inc. 401(k) Savings Plan reports $4.6B in end-of-year assets across 22,503 participants (0.038% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.024% of 93,925,755 covered participants) - about $205,432 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2023 was $520M.

This plan identity (EIN 950725935, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.1B to $5.0B (+22.0%) while covered participants moved from 22,423 to 19,026 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,423 $4.1B Open filing
2023 22,503 $4.6B This page
2024 · index core 19,026 $5.0B Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Farmers Group, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Farmers Group, Inc. 401(k) Savings Plan assets move in 2023? ▼
Farmers Group, Inc. 401(k) Savings Plan grew at a solid clip - up 13.0% during 2023, from $4.1B to $4.6B. Reported net income was $520M.
How have Farmers Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers Group, Inc.'s sponsor-wide assets declined 25.1%, from $6.7B to $5.0B.
Where does Farmers Group, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Farmers Group, Inc. 401(k) Savings Plan ranks in the 100th 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 Farmers Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is International Paper Company Salaried Savings Plan in TN ($4.6B, 12,153 participants).

Next read for Farmers Group, Inc. 401(k) Savings Plan

Filing takeaways

Ways to act on Farmers Group, Inc. 401(k) Savings Plan's numbers.

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 950725935.

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.