401(k) · DOL Form 5500 · 2023

Farmers Group, Inc. 401(k) Plan

Data updated 2026-08-25

$4.6B
Total assets Very large vs avg
22,503
Participants Very large workforce
100th
Percentile by assets National rank
$205,432
Avg per participant Above avg balance/head
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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.

  • #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.

#8,821
in Finance & Insurance (8,869 peers)
+13.0%
assets growth YoY
46×
vs typical plan assets (national mean)

Farmers Group, Inc. 401(k) Savings Plan's outsized position by total assets

Farmers Group, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$4,622,827,533 Highest reported value at or above every one 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

Farmers Group, Inc. 401(k) Savings 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. Farmers Group, Inc. 401(k) Savings Plan is a mega filing (22,503 participants), the rightmost band on the breakdown.

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 →

Form 5500 schedule snapshot

Filing strip 950725935 · Farmers Group, Inc. PY 2023 · 401(k)

Farmers Group, Inc. 401(k) Savings Plan · $4.6B · 22,503 · 100th

  • BOOK $4.6B
  • BOOK 22,503
  • BOOK 100th
  • BOOK 401(k)
  • BOOK near International Paper Company Salaried Savings Plan
  • BOOK ind #8821

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 California →

Farmers Group, Inc. 401(k) Savings Plan in the asset neighbourhood

Jetblue Airways Retirement PlanJetblue Airways Retirement P…$4.6BSchneider Electric 401(k) PlanSchneider Electric 401(k) Pl…$4.6BFarmers Group, Inc. 401(k) Savings PlanFarmers Group, Inc. 401(k) S…$4.6BInternational Paper Company Salaried Savings PlanInternational Paper Company …$4.6BM & T Bank Corporation Retirement Savings PlanM & T Bank Corporation Retir…$4.6B
End-of-year total assets ($B) among Farmers Group, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Farmers Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5.0B 25.11634121601996% vs 2022
2024 filing year
$4B$5B$6B$7B$8B 202220232024 $6.66B $4.99B ▼ -25.1%
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 Scatter plot of 6 data points. 050000100000150000200000250000 0204060 Total assets ($B) Participants Farmers Group, Inc. 401(k) Savings Plan, Total assets ($B): 4.622827533 · Participants: 22503Farmers Group, Inc. 401(k) Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 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:

Farmers Group, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is International Paper Company Salaried Savings Plan in TN ($4.6B); by covered participants it is Gxo Logistics 401(k) Plan in CT (22,424 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (22,503 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 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).
Which 401(k) plans cover a similar participant headcount to Farmers Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gxo Logistics 401(k) Plan in CT (22,424 participants, $352M 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 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.