Defined Benefit (Pension) · DOL Form 5500 · 2024

Federated Mutual Insurance Company Pension Plan

Data updated 2026-08-11

$789M
Total assets
2,571
Participants
98th
Percentile by assets
$306,751
Avg per participant
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Official DOL plan name: Federated Mutual Retirement Plan · Sponsored by Federated Mutual Insurance Company · Minnesota · Finance & Insurance

$789M in assets, 2,571 participants

Federated Mutual Insurance Company's Federated Mutual Retirement Plan reported $789M in total assets and 2,571 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)
  • #8,248 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Federated Mutual Retirement Plan covers 2,571 participants in Minnesota, 2.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $789M.

$789M
total plan assets (2024 EOY)
2,571
covered participants
98th
percentile by assets (of 123,622 plans)
$306,751
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Federated Mutual Retirement Plan reported net income fell from $108M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Federated Mutual Retirement Plan reported participants rose from 2,391 in the plan year 2023 filing to 2,571 in the plan year 2024 filing.
  • Federated Mutual Retirement Plan end-of-year assets rose from $759M in the plan year 2023 filing to $789M 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 Retirement Plan reports 2,571 participants - 2.3x that state average ($789M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$759M
Net Assets (End of Year)$784M
Net Income$26M
Employer EIN410417460
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Federated Mutual Insurance Company)

$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.23B $1.54B ▲ +25.2%
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 Defined Benefit (Pension) Plans in Minnesota

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

Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Federated Mutual Ret…Mayo Pension Plan3M Employee Retireme…Wells Fargo & Compan…U.S. Bank Pension PlanThe Travelers Pensio…
Federated Mutual Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Federated Mutual Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Federated Mutual Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Federated Mutual Retirement Plan assets move in 2024? ▼
Federated Mutual Retirement Plan edged up modestly - up 3.9% during 2024, from $759M to $789M. Reported net income was $26M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Federated Mutual Retirement 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 Defined Benefit (Pension) plans are similar in size to Federated Mutual Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is United Steelworkers International Union Staff Pension Plan in PA ($789M, 700 participants).

Next read for Federated Mutual Retirement Plan

Filing takeaways

Ways to act on Federated Mutual Retirement Plan's numbers.

  • By total assets, Federated Mutual Retirement 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 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.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.