401(k) · DOL Form 5500 · 2024

Federated Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$755M
Total assets: 2,920
Participants: 98th
Percentile by assets: $258,668
Avg per participant

Official DOL plan name: Federated Mutual Insurance Company 401(k) Plan · Sponsored by Federated Mutual Insurance Company · Minnesota · Finance & Insurance

$755M in assets, 2,920 participants

Federated Mutual Insurance Company's Federated Mutual Insurance Company 401(k) Plan reported $755M in total assets and 2,920 participants in its 2024 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 123,622 plans)
#8,239 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Federated Mutual Insurance Company 401(k) Plan covers 2,920 participants in Minnesota, 2.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $755M.

$755M
total plan assets (2024 EOY): 2,920
covered participants: 98th
percentile by assets (of 123,622 plans): $258,668
avg assets per participant

Federated Mutual Insurance Company 401(k) Plan end-of-year assets rose from $671M in the plan year 2023 filing to $755M in the plan year 2024 filing.
Federated Mutual Insurance Company 401(k) Plan reported net income fell from $93M in the plan year 2023 filing to $84M in the plan year 2024 filing.
Federated Mutual Insurance Company 401(k) Plan reported participants rose from 2,776 in the plan year 2023 filing to 2,920 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Finance & Insurance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Federated Mutual Insurance Company 401(k) Plan reports 2,920 participants - 2.6x that state average ($755M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$671M
Net Assets (End of Year)	$755M
Net Income	$84M
Employer EIN	410417460
Plan Effective Date	1985-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Federated Mutual Insurance Company)

Total plan assets by year, all Federated Mutual Insurance Company plans on file

Year	Plans	Participants	Total Assets
2022	2	5,073	$1.2B
2023	2	5,167	$1.4B
2024	2	5,491	$1.5B

Nearby 401(k) Plans in Minnesota

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

Federated Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Wells Fargo & Company 401(k) Plan $57.9B · 179,076
Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
Target Corporation 401(k) Plan $14.4B · 409,649
Medtronic Savings and Investment Plan $13.7B · 38,480
U.S. Bank 401(k) Savings Plan $11.4B · 73,109

Compare Federated Mutual Insurance Company 401(k… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Nelnet 401(k) Plan (NE) $755M · 7,953
Fox Rothschild LLP Retirement Savings Plan (PA) $756M · 1,686
Hendrick Automotive Group 401(k) Plan (NC) $757M · 9,187
Westat, Inc. Savings Plan (MD) $757M · 8,841

Frequently Asked Questions

How did Federated Mutual Insurance Company 401(k) Plan assets move in 2024? ▼

Federated Mutual Insurance Company 401(k) Plan grew at a solid clip - up 12.5% during 2024, from $671M to $755M. Reported net income was $84M.

How have Federated Mutual Insurance Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Federated Mutual Insurance Company's sponsor-wide assets grew 25.3%, from $1.2B to $1.5B.

Where does Federated Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼

Federated Mutual Insurance Company 401(k) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Federated Mutual Insurance Company 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Nelnet 401(k) Plan in NE ($755M, 7,953 participants).

Next read for Federated Mutual Insurance Company 401(k…

Filing takeaways

Ways to act on Federated Mutual Insurance Company 401(k) Plan's numbers.

By total assets, Federated Mutual Insurance Company 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Federated Mutual Insurance Company's sponsor-wide assets have grown 25.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410417460.