Defined Benefit (Pension) · DOL Form 5500 · 2023

Farmers Group, Inc. Pension Plan

Data updated 2026-08-25

$2.6B
Total assets Very large vs avg
9,733
Participants Very large workforce
99th
Percentile by assets National rank
$263,316
Avg per participant High balance/head
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Official DOL plan name: Farmers Group, Inc. Employees' Pension Plan · Sponsored by Farmers Group, Inc. · California · Finance & Insurance

$2.6B in assets, 9,733 participants

Farmers Group, Inc.'s Farmers Group, Inc. Employees' Pension Plan reported $2.6B in total assets and 9,733 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.

  • #8,767 in Finance & Insurance (8,869 peers)

Coverage in California

Farmers Group, Inc. Employees' Pension Plan covers 9,733 participants in California, 15x the typical California plan (state average ~630 per filing). Assets: $2.6B.

#8,767
in Finance & Insurance (8,869 peers)
-0.4%
assets change YoY
26×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Farmers Group, Inc. Employees' Pension Plan's outsized position by total assets

Farmers Group, Inc. Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,562,858,192 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Farmers Group, Inc. Employees' Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers Group, Inc. Employees' Pension Plan lands in the large band (9,733 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farmers Group, Inc. Employees' Pension Plan reported net income rose from -$294M in the plan year 2022 filing to -$16M in the plan year 2023 filing.
  • Farmers Group, Inc. Employees' Pension Plan reported participants fell from 12,052 in the plan year 2022 filing to 9,733 in the plan year 2023 filing.
  • Farmers Group, Inc. Employees' Pension Plan end-of-year assets fell from $2.6B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 950725935 · Farmers Group, Inc. PY 2023 · Defined Benefit (Pension)

Farmers Group, Inc. Employees' Pension Plan · $2.6B · 9,733 · 99th

  • PCT $2.6B
  • EIN 9,733
  • RANK 99th
  • PHOTO Defined Benefit (Pension)
  • IND near Paccar Inc Retirement Plan
  • EOY ind #8767

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in California →

Farmers Group, Inc. Employees' Pension Plan in the asset neighbourhood

Caterpillar Inc. Non-Contributory Pension PlanCaterpillar Inc. Non-Contrib…$2.6BFarmers Group, Inc. Employees' Pension PlanFarmers Group, Inc. Employee…$2.6BPaccar Inc Retirement Plan$2.6BThe Retirement Benefit Plan of American Airlines, Inc. for Flight AttendantsThe Retirement Benefit Plan …$2.6BTime Warner Cable Pension PlanTime Warner Cable Pension Pl…$2.6B
End-of-year total assets ($B) among Farmers Group, Inc. Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$2.6B
Net Assets (End of Year)$2.5B
Net Income-$16M
Employer EIN950725935
Plan Effective Date1943-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers Group, Inc.)

Sponsor-wide plan assets over time

All Farmers Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5.0B 25.11634121601996% vs 2022
2024 filing year
$4B$5B$6B$7B$8B 202220232024 $6.66B $4.99B ▼ -25.1%
Year Plans Participants Total Assets
2022 2 34,475 $6.7B
2023 2 32,236 $7.2B
2024 1 19,026 $5.0B

Nearby Defined Benefit (Pension) Plans in California

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

Farmers Group, Inc. Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Farmers Group, Inc. Employees' Pension Plan, Total assets ($B): 2.562858192 · Participants: 9733Farmers Group, Inc. Employees' Pension PlanKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Farmers Group, Inc. Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Farmers Group, Inc. Employees' Pension Plan side-by-side with 3 peers →

Scale composition for Farmers Group, Inc. Employees' Pension Plan

Farmers Group, Inc. Employees' Pension Plan reports $2.6B in end-of-year assets across 9,733 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $263,316 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2023 was -$16M.

This plan identity (EIN 950725935, plan #001) has 2 Form 5500 filings on file from 2022 to 2023 , with end-of-year assets moving from $2.6B to $2.6B (-0.4%) while covered participants moved from 12,052 to 9,733 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,052 $2.6B Open filing
2023 · index core 9,733 $2.6B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Farmers Group, Inc. Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Paccar Inc Retirement Plan in WA ($2.6B); by covered participants it is U. S. Retirement Plan in NJ (9,670 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,733 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Farmers Group, Inc. Employees' Pension Plan assets move in 2023? ▼
Farmers Group, Inc. Employees' Pension Plan held essentially flat - down 0.4% during 2023, from $2.6B to $2.6B. Reported net income was -$16M.
How have Farmers Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers Group, Inc.'s sponsor-wide assets declined 25.1%, from $6.7B to $5.0B.
Where does Farmers Group, Inc. Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Farmers Group, Inc. Employees' Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 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 Farmers Group, Inc. Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Paccar Inc Retirement Plan in WA ($2.6B, 9,264 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Farmers Group, Inc. Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is U. S. Retirement Plan in NJ (9,670 participants, $5.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 950725935.

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.