Defined Benefit (Pension) · DOL Form 5500 · 2023
Auto-Owners Insurance Company Pension Plan
Data updated 2026-08-11
- $875M
- Total assets
- 5,094
- Participants
- 98th
- Percentile by assets
- $171,723
- Avg per participant
Official DOL plan name: Auto-Owners Insurance Company Retirement Income Plan · Sponsored by Auto-Owners Insurance Company · Michigan · Finance & Insurance
$875M in assets, 5,094 participants
Auto-Owners Insurance Company's Auto-Owners Insurance Company Retirement Income Plan reported $875M in total assets and 5,094 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #8,617 in Finance & Insurance (8,869 peers)
Coverage in Michigan
Auto-Owners Insurance Company Retirement Income Plan covers 5,094 participants in Michigan, 8.0x the typical Michigan plan (state average ~638 per filing). Assets: $875M.
- $875M
- total plan assets (2023 EOY)
- 5,094
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $171,723
- avg assets per participant
Where Auto-Owners Insurance Company Retirement Income Plan sits by total assets
Auto-Owners Insurance Company Retirement Income Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$874,756,280 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Auto-Owners Insurance Company Retirement Income Plan reported net income rose from -$16M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Auto-Owners Insurance Company Retirement Income Plan end-of-year assets rose from $857M in the plan year 2022 filing to $875M in the plan year 2023 filing.
- Auto-Owners Insurance Company Retirement Income Plan reported participants rose from 5,024 in the plan year 2022 filing to 5,094 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Auto-Owners Insurance Company Retirement Income Plan reports 5,094 participants - 8.0x that state average ($875M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $857M |
|---|---|
| Net Assets (End of Year) | $875M |
| Net Income | $18M |
| Employer EIN | 380315280 |
| Plan Effective Date | 1934-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Auto-Owners Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 10,937 | $1.5B |
| 2023 | 2 | 11,577 | $1.6B |
| 2024 | 2 | 11,994 | $1.8B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Auto-Owners Insurance Company Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Scale composition for Auto-Owners Insurance Company Retirement Income Plan
Auto-Owners Insurance Company Retirement Income Plan reports $875M in end-of-year assets across 5,094 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $171,723 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $18M.
This plan identity (EIN 380315280, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $857M to $919M (+7.3%) while covered participants moved from 5,024 to 5,331 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,024 | $857M | Open filing |
| 2023 | 5,094 | $875M | This page |
| 2024 · index core | 5,331 | $919M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Auto-Owners Insurance Company Retirement Income Plan (Defined Benefit (Pension), $919M, 5,331 participants)
- Auto-Owners Insurance Company Retirement Savings Plan (401(k), $864M, 6,663 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Auto-Owners Insurance Company Retirement Income Plan by total assets, not by location.
- Enbridge Employee Services, Inc. Employees' Pension Plan (TX) $875M · 3,482
- Billerud Americas Corporation Employee Pension Plan (OH) $876M · 605
- Pension Plan of L'oreal USA, Inc. (NJ) $876M · 6,109
- Heidelberg Materials US Pension Plan (TX) $877M · 1,230
Frequently Asked Questions
How did Auto-Owners Insurance Company Retirement Income Plan assets move in 2023? ▼
How have Auto-Owners Insurance Company plan assets changed over time? ▼
Where does Auto-Owners Insurance Company Retirement Income Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Auto-Owners Insurance Company Retirement Income Plan? ▼
Next read for Auto-Owners Insurance Company Retirement…
Filing takeaways
Ways to act on Auto-Owners Insurance Company Retirement Income Plan's numbers.
- By total assets, Auto-Owners Insurance Company Retirement Income Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Auto-Owners Insurance Company's sponsor-wide assets have grown 16.7% since 2022 across 3 plan years on file. More Finance & Insurance plans