Money Purchase · DOL Form 5500 · 2024

Michael D Breeding Money Purchase Plan

Data updated 2026-08-11

$5M
Total assets
1
Participants
42nd
Percentile by assets
$4.9M
Avg per participant
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Official DOL plan name: State Farm Prototype Retirement Plan for State Farm Agents · Sponsored by Michael D Breeding · Missouri · Finance & Insurance

$5M in assets, 1 participants

Michael D Breeding's State Farm Prototype Retirement Plan for State Farm Agents reported $5M in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • 42nd percentile by assets (of 123,622 plans)
  • #2,385 in Finance & Insurance (8,549 peers)

Michael D Breeding multi-year trail

Michael D Breeding's plans moved +35.0% in assets from 2022 to 2024; this filing shows State Farm Prototype Retirement Plan for State Farm Agents at $5M / 1 participant.

$5M
total plan assets (2024 EOY)
1
covered participants
42nd
percentile by assets (of 123,622 plans)
$4.9M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • State Farm Prototype Retirement Plan for State Farm Agents reported net income rose from $444K in the plan year 2023 filing to $821K in the plan year 2024 filing.
  • State Farm Prototype Retirement Plan for State Farm Agents reported participants fell from 3 in the plan year 2023 filing to 1 in the plan year 2024 filing.
  • State Farm Prototype Retirement Plan for State Farm Agents end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michael D Breeding across 3 plan years on file

Across the 3 plan years Michael D Breeding has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $5M, a gain of 35.0%, while reported participants moved from 3 to 1 (-66.7%). Peak year by sponsor assets: 2024 ($5M); trough: 2022 ($4M).

Michael D Breeding multi-year asset trail

$3M$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.61M $4.88M ▲ +35.2%
Total plan assets by year, all Michael D Breeding plans on file
Year Plans Participants Total Assets
2022 1 3 $4M
2023 1 3 $4M
2024 1 1 $5M

Michael D Breeding filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$821K
Employer EIN431276170
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Missouri

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

State Farm Prototype Retirement Plan for State Farm Agents vs. nearby Money Purchase plans in Missouri, assets vs. participants

State Farm Prototype Retirement Plan for State Farm Agents vs. nearby Money Purchase plans in Missouri, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.52 Total assets ($B) Participants State Farm Prototype…Local No. 1 IBEW Pen…NECA-IBEW Pension Be…Saint Louis Universi…The Children's Mercy…Brewery Conference/A…
State Farm Prototype Retirement Plan for State Farm Agents vs. nearby Money Purchase plans in Missouri, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to State Farm Prototype Retirement Plan for State Farm Agents by total assets, not by location.

Frequently Asked Questions

How did State Farm Prototype Retirement Plan for State Farm Agents assets move in 2024?
State Farm Prototype Retirement Plan for State Farm Agents grew sharply - up 20.2% during 2024, from $4M to $5M. Reported net income was $821K.
How have Michael D Breeding plan assets changed over time?
Across 3 plan years on file (2022-2024), Michael D Breeding's sponsor-wide assets grew 35.0%, from $4M to $5M.
Which Money Purchase plans are similar in size to State Farm Prototype Retirement Plan for State Farm Agents?
Among Money Purchase plans in other states, the closest by assets is DC Pension Plan for Employees of Legal Services of the Hudson Valley in NY ($5M, 105 participants).

Next read for State Farm Prototype Retirement Plan for…

Multi-year trail

Ways to act on State Farm Prototype Retirement Plan for State Farm Agents's numbers.

  • By total assets, State Farm Prototype Retirement Plan for State Farm Agents ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Missouri. Compare plans
  • Michael D Breeding's sponsor-wide assets have grown 35.0% since 2022 across 3 plan years on file. More Finance & Insurance plans