401(k) · DOL Form 5500 · 2023

Employers Mutual Casualty Company 401(k) Plan

Data updated 2026-08-11

$525M
Total assets
2,206
Participants
97th
Percentile by assets
$237,953
Avg per participant
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Official DOL plan name: Employers Mutual Casualty Company 401(k) Savings Plan · Sponsored by Employers Mutual Casualty Company · Iowa · Finance & Insurance

$525M in assets, 2,206 participants

Employers Mutual Casualty Company's Employers Mutual Casualty Company 401(k) Savings Plan reported $525M in total assets and 2,206 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,481 in Finance & Insurance (8,869 peers)

Coverage in Iowa

Employers Mutual Casualty Company 401(k) Savings Plan covers 2,206 participants in Iowa, 3.6x the typical Iowa plan (state average ~609 per filing). Assets: $525M.

$525M
total plan assets (2023 EOY)
2,206
covered participants
97th
percentile by assets (of 127,072 plans)
$237,953
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employers Mutual Casualty Company 401(k) Savings Plan reported net income rose from -$103M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Employers Mutual Casualty Company 401(k) Savings Plan end-of-year assets rose from $466M in the plan year 2022 filing to $525M in the plan year 2023 filing.
  • Employers Mutual Casualty Company 401(k) Savings Plan reported participants fell from 2,280 in the plan year 2022 filing to 2,206 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Employers Mutual Casualty Company 401(k) Savings Plan reports 2,206 participants - 3.6x that state average ($525M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$466M
Net Assets (End of Year)$525M
Net Income$58M
Employer EIN420234980
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Employers Mutual Casualty Company)

$750M$800M$850M$900M$950M 202220232024 $787M $917M ▲ +16.5%
Total plan assets by year, all Employers Mutual Casualty Company plans on file
Year Plans Participants Total Assets
2022 2 4,317 $787M
2023 2 4,041 $872M
2024 2 4,112 $917M

Nearby 401(k) Plans in Iowa

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

Employers Mutual Casualty Company 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Employers Mutual Casualty Company 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 012345 Total assets ($B) Participants Employers Mutual Cas…The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
Employers Mutual Casualty Company 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Employers Mutual Casualty Company 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Employers Mutual Casualty Company 401(k) Savings Plan assets move in 2023?
Employers Mutual Casualty Company 401(k) Savings Plan grew at a solid clip - up 12.5% during 2023, from $466M to $525M. Reported net income was $58M.
How have Employers Mutual Casualty Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Employers Mutual Casualty Company's sponsor-wide assets grew 16.5%, from $787M to $917M.
Where does Employers Mutual Casualty Company 401(k) Savings Plan rank by assets among Form 5500 filers?
Employers Mutual Casualty Company 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Employers Mutual Casualty Company 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ascend Savings & Investment Plan in TX ($525M, 2,505 participants).

Next read for Employers Mutual Casualty Company 401(k)…

Filing takeaways

Ways to act on Employers Mutual Casualty Company 401(k) Savings Plan's numbers.