Defined Benefit (Pension) · DOL Form 5500 · 2023

Zurich American Insurance Company Pension Plan

Data updated 2026-08-11

$1.3B
Total assets
5,913
Participants
99th
Percentile by assets
$217,492
Avg per participant
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Official DOL plan name: Zurich American Insurance Company Retirement Account Plan · Sponsored by Zurich American Insurance Company · Illinois · Finance & Insurance

$1.3B in assets, 5,913 participants

Zurich American Insurance Company's Zurich American Insurance Company Retirement Account Plan reported $1.3B in total assets and 5,913 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,685 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Zurich American Insurance Company Retirement Account Plan covers 5,913 participants in Illinois, 7.6x the typical Illinois plan (state average ~779 per filing). Assets: $1.3B.

$1.3B
total plan assets (2023 EOY)
5,913
covered participants
99th
percentile by assets (of 127,072 plans)
$217,492
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Zurich American Insurance Company Retirement Account Plan reported net income rose from -$288M in the plan year 2022 filing to -$22M in the plan year 2023 filing.
  • Zurich American Insurance Company Retirement Account Plan reported participants fell from 6,468 in the plan year 2022 filing to 5,913 in the plan year 2023 filing.
  • Zurich American Insurance Company Retirement Account Plan end-of-year assets fell from $1.4B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Zurich American Insurance Company Retirement Account Plan reports 5,913 participants - 7.6x that state average ($1.3B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.3B
Net Income-$22M
Employer EIN364233459
Plan Effective Date1950-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Zurich American Insurance Company)

$4B$4.5B$5B$5.5B 202220232024 $4.27B $4.97B ▲ +16.4%
Total plan assets by year, all Zurich American Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 15,149 $4.3B
2023 2 15,265 $4.7B
2024 2 14,727 $5.0B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Zurich American Insurance Company Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Zurich American Insurance Company Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -200204060 Total assets ($B) Participants Zurich American Insu…Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Zurich American Insurance Company Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Scale composition for Zurich American Insurance Company Retirement Account Plan

Zurich American Insurance Company Retirement Account Plan reports $1.3B in end-of-year assets across 5,913 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $217,492 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was -$22M.

This plan identity (EIN 364233459, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $1.3B (-6.5%) while covered participants moved from 6,468 to 5,426 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,468 $1.4B Open filing
2023 5,913 $1.3B This page
2024 · index core 5,426 $1.3B Open filing

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Zurich American Insurance Company Retirement Account Plan by total assets, not by location.

Frequently Asked Questions

How did Zurich American Insurance Company Retirement Account Plan assets move in 2023?
Zurich American Insurance Company Retirement Account Plan pulled back noticeably - down 6.6% during 2023, from $1.4B to $1.3B. Reported net income was -$22M.
How have Zurich American Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Zurich American Insurance Company's sponsor-wide assets grew 16.4%, from $4.3B to $5.0B.
Where does Zurich American Insurance Company Retirement Account Plan rank by assets among Form 5500 filers?
Zurich American Insurance Company Retirement Account 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 Defined Benefit (Pension) plans are similar in size to Zurich American Insurance Company Retirement Account Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Rocky Mountain Ufcw Unions and Employers Retail and Meat Pension Plan in CO ($1.3B, 39,434 participants).

Next read for Zurich American Insurance Company Retire…

Filing takeaways

Ways to act on Zurich American Insurance Company Retirement Account Plan's numbers.

  • By total assets, Zurich American Insurance Company Retirement Account Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • Zurich American Insurance Company's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Finance & Insurance plans