Defined Benefit (Pension) · DOL Form 5500 · 2023

State Volunteer Mutual Insurance Co Pension Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
109
Participants Small participant base
86th
Percentile by assets National rank
$485,720
Avg per participant High balance/head
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Official DOL plan name: State Volunteer Mutual Insurance Company Retirement Plan · Sponsored by State Volunteer Mutual Insurance Co · Tennessee · Finance & Insurance

$53M in assets, 109 participants

State Volunteer Mutual Insurance Co's State Volunteer Mutual Insurance Company Retirement Plan reported $53M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,969 in Finance & Insurance (8,869 peers)

Coverage in Tennessee

State Volunteer Mutual Insurance Company Retirement Plan covers 109 participants in Tennessee, about 10% of the average Tennessee filer (state average ~1,126 per filing). Assets: $53M.

#6,969
in Finance & Insurance (8,869 peers)
+12.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

State Volunteer Mutual Insurance Company Retirement Plan's outsized position by total assets

State Volunteer Mutual Insurance Company Retirement Plan vs every filed plan by assets

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

$52,943,463 Top 14% higher than 86% 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

State Volunteer Mutual Insurance Company 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. State Volunteer Mutual Insurance Company Retirement Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • State Volunteer Mutual Insurance Company Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • State Volunteer Mutual Insurance Company Retirement Plan end-of-year assets rose from $47M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • State Volunteer Mutual Insurance Company Retirement Plan reported participants fell from 122 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 620965320 · State Volunteer Mutual Insurance Co PY 2023 · Defined Benefit (Pension)

State Volunteer Mutual Insurance Company Retirement Plan · $53M · 109 · 86th

  • TYPE $53M
  • NET 109
  • BOOK 86th
  • VS-ST Defined Benefit (Pension)
  • BOY near Vassar College Defined Benefit Pension Plan
  • SCH ind #6969

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 Tennessee →

State Volunteer Mutual Insurance Company Retirement Plan in the asset neighbourhood

Vassar College Defined Benefit Pension PlanVassar College Defined Benef…$53MState Volunteer Mutual Insurance Company Retirement PlanState Volunteer Mutual Insur…$53MThe Pension Plan for Hourly Paid Employees of Diageo North America, Inc. at Its Plant at Plainfield, IlThe Pension Plan for Hourly …$53MFirst Technology Credit Union Employees' Pension PlanFirst Technology Credit Unio…$53MPatriot Federal Credit Union Retirement Pension PlanPatriot Federal Credit Union…$53M
End-of-year total assets ($M) among State Volunteer Mutual Insurance Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$53M
Net Income$6M
Employer EIN620965320
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Volunteer Mutual Insurance Co)

Sponsor-wide plan assets over time

All State Volunteer Mutual Insurance Co plans reported in each filing year

Latest sponsor-wide plan assets
$116M 30.911023760192364% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $88.9M $116M ▲ +30.9%
Year Plans Participants Total Assets
2022 2 261 $89M
2023 2 247 $106M
2024 2 249 $116M

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

State Volunteer Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants State Volunteer Mutual Insurance Company Retirement Plan, Total assets ($B): 0.052943463 · Participants: 109State Volunteer Mutual Insurance Company Retirement PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
State Volunteer Mutual Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

State Volunteer Mutual Insurance Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Vassar College Defined Benefit Pension Plan in NY ($53M); by covered participants it is Farmers Mutual Hail Insurance Company of Iowa Retirement Plan in IA (109 participants). Same-state nearby plans are listed separately above.

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 State Volunteer Mutual Insurance Company Retirement Plan assets move in 2023?
State Volunteer Mutual Insurance Company Retirement Plan grew at a solid clip - up 12.8% during 2023, from $47M to $53M. Reported net income was $6M.
How have State Volunteer Mutual Insurance Co plan assets changed over time?
Across 3 plan years on file (2022-2024), State Volunteer Mutual Insurance Co's sponsor-wide assets grew 30.9%, from $89M to $116M.
Where does State Volunteer Mutual Insurance Company Retirement Plan rank by assets among Form 5500 filers?
State Volunteer Mutual Insurance Company Retirement Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to State Volunteer Mutual Insurance Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Vassar College Defined Benefit Pension Plan in NY ($53M, 233 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to State Volunteer Mutual Insurance Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Farmers Mutual Hail Insurance Company of Iowa Retirement Plan in IA (109 participants, N/A in assets).