Defined Benefit (Pension) · DOL Form 5500 · 2023

American Family Mutual Insurance Company, S.I. Pension Plan

Data updated 2026-08-06

$1.3B
Total assets
11,519
Participants
99th
Percentile by assets
$112,807
Avg per participant
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Official DOL plan name: American Family Pension Plan · Sponsored by American Family Mutual Insurance Company, S.I. · Wisconsin · Finance & Insurance

$1.3B in assets, 11,519 participants

American Family Mutual Insurance Company, S.I.'s American Family Pension Plan reported $1.3B in total assets and 11,519 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 126,618 plans)
  • #8,673 in Finance & Insurance (8,852 peers)

Coverage in Wisconsin

American Family Pension Plan covers 11,519 participants in Wisconsin, 20x the typical Wisconsin plan (state average ~565 per filing). Assets: $1.3B.

$1.3B
total plan assets (2023 EOY)
11,519
covered participants
99th
percentile by assets (of 126,618 plans)
$112,807
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Family Pension Plan reported net income rose from -$695M in the plan year 2022 filing to $95M in the plan year 2023 filing.
  • American Family Pension Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • American Family Pension Plan reported participants rose from 11,381 in the plan year 2022 filing to 11,519 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 565 participants across 2,767 plans. American Family Pension Plan reports 11,519 participants - 20x that state average ($1.3B EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$95M
Employer EIN390273710
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Family Mutual Insurance Company, S.I.)

$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.92B $3.46B ▲ +18.5%
Total plan assets by year, all American Family Mutual Insurance Company, S.I. plans on file
Year Plans Participants Total Assets
2022 2 25,094 $2.9B
2023 2 24,796 $3.3B
2024 2 23,752 $3.5B

Nearby Defined Benefit (Pension) Plans in Wisconsin

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

American Family Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

American Family Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 050001000015000 11.522.533.5 Total assets ($B) Participants American Family Pens…The Northwestern Mut…Building Trades Unit…The Northwestern Mut…Harley-Davidson Reti…Rockwell Automation …
American Family Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Scale composition for American Family Pension Plan

American Family Pension Plan reports $1.3B in end-of-year assets across 11,519 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $112,807 per participant (82% of the national average assets-per-participant) . Net income for plan year 2023 was $95M.

This plan identity (EIN 390273710, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.3B (+5.1%) while covered participants moved from 11,381 to 11,032 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,381 $1.2B Open filing
2023 11,519 $1.3B This page
2024 · index core 11,032 $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 American Family Pension Plan by total assets, not by location.

Frequently Asked Questions

How did American Family Pension Plan assets move in 2023?
American Family Pension Plan grew at a solid clip - up 8.0% during 2023, from $1.2B to $1.3B. Reported net income was $95M.
How have American Family Mutual Insurance Company, S.I. plan assets changed over time?
Across 3 plan years on file (2022-2024), American Family Mutual Insurance Company, S.I.'s sponsor-wide assets grew 18.3%, from $2.9B to $3.5B.
Where does American Family Pension Plan rank by assets among Form 5500 filers?
American Family Pension Plan ranks in the 99th percentile by end-of-year assets among 126,618 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 American Family Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Unum Group Pension Plan in ME ($1.3B, 3,140 participants).

Filing takeaways

Ways to act on American Family Pension Plan's numbers.

  • By total assets, American Family Pension 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 Wisconsin. Compare plans
  • American Family Mutual Insurance Company, S.I.'s sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Finance & Insurance plans