Defined Benefit (Pension) · DOL Form 5500 · 2023
Farmers Group, Inc. Pension Plan
Data updated 2026-08-11
- $2.6B
- Total assets
- 9,733
- Participants
- 99th
- Percentile by assets
- $263,316
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $2.6B
- total plan assets (2023 EOY)
- 9,733
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $263,316
- avg assets per participant
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.
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Farmers Group, Inc. Employees' Pension Plan reports 9,733 participants - 15x that state average ($2.6B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | -$16M |
| Employer EIN | 950725935 |
| Plan Effective Date | 1943-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Farmers Group, Inc.)
| 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
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
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. 401(k) Savings Plan (401(k), $5.0B, 19,026 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Farmers Group, Inc. Employees' Pension Plan by total assets, not by location.
- Paccar Inc Retirement Plan (WA) $2.6B · 9,264
- The Retirement Benefit Plan of American Airlines, Inc. for Flight Attendants (TX) $2.6B · 9,497
- Time Warner Cable Pension Plan (NC) $2.6B · 16,981
- Caterpillar Inc. Non-Contributory Pension Plan (TX) $2.6B · 1,921
Frequently Asked Questions
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Filing takeaways
Ways to act on Farmers Group, Inc. Employees' Pension Plan's numbers.
- By total assets, Farmers Group, Inc. Employees' Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Farmers Group, Inc.'s sponsor-wide assets have declined 25.1% since 2022 across 3 plan years on file. More Finance & Insurance plans