Defined Benefit (Pension) · DOL Form 5500 · 2024

Securian Financial Group, Inc. Pension Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
2,647
Participants Above avg headcount
99th
Percentile by assets National rank
$452,091
Avg per participant High balance/head
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Official DOL plan name: Securian Financial Group, Inc. Retirement Plan · Sponsored by Securian Financial Group, Inc. · Minnesota · Finance & Insurance

$1.2B in assets, 2,647 participants

Securian Financial Group, Inc.'s Securian Financial Group, Inc. Retirement Plan reported $1.2B in total assets and 2,647 participants in its 2024 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.

  • #8,333 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Securian Financial Group, Inc. Retirement Plan covers 2,647 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.2B.

#8,333
in Finance & Insurance (8,549 peers)
-1.4%
assets change YoY
12×
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.

Securian Financial Group, Inc. Retirement Plan's outsized position by total assets

Securian Financial Group, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,196,685,743 Top 1% higher than 99% of 123,620 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 2024

Securian Financial Group, Inc. Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Securian Financial Group, Inc. Retirement Plan lands in the large band (2,647 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Securian Financial Group, Inc. Retirement Plan reported net income fell from $90M in the plan year 2023 filing to -$16M in the plan year 2024 filing.
  • Securian Financial Group, Inc. Retirement Plan reported participants rose from 2,476 in the plan year 2023 filing to 2,647 in the plan year 2024 filing.
  • Securian Financial Group, Inc. Retirement Plan end-of-year assets fell from $1.2B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411919752 · Securian Financial Group, Inc. PY 2024 · Defined Benefit (Pension)

Securian Financial Group, Inc. Retirement Plan · $1.2B · 2,647 · 99th

  • PCT $1.2B
  • PCT 2,647
  • PCT 99th
  • PCT Defined Benefit (Pension)
  • PCT near Kellanova Pension Plan
  • PCT ind #8333

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 Minnesota →

Securian Financial Group, Inc. Retirement Plan in the asset neighbourhood

Securian Financial Group, Inc. Retirement PlanSecurian Financial Group, In…$1.2BKellanova Pension Plan$1.2BCfg Pension Plan$1.2BWillis-Knighton Medical Center Employees Retirement PlanWillis-Knighton Medical Cent…$1.2BOperating Engineers Local No. 825 Pension FundOperating Engineers Local No…$1.2B
End-of-year total assets ($B) among Securian Financial Group, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.2B
Net Income-$16M
Employer EIN411919752
Plan Effective Date1945-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Securian Financial Group, Inc.)

Sponsor-wide plan assets over time

All Securian Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 9.882738329968968% vs 2022
2024 filing year
$1.9B$2B$2.1B$2.2B 202220232024 $1.98B $2.18B ▲ +10.1%
Year Plans Participants Total Assets
2022 4 5,873 $2.0B
2023 2 5,484 $2.1B
2024 2 5,525 $2.2B

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Securian Financial Group, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Securian Financial Group, Inc. Retirement Plan, Total assets ($B): 1.196685743 · Participants: 2647Securian Financial Group, Inc. Retirement PlanMayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retirement Income PlanWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Company Cash Balance PlanU.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pension Plan
Securian Financial Group, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Kellanova Pension Plan in IL ($1.2B); by covered participants it is America First Credit Union Pension Plan in UT (2,645 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,647 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Securian Financial Group, Inc. Retirement Plan assets move in 2024? ▼
Securian Financial Group, Inc. Retirement Plan edged down modestly - down 1.4% during 2024, from $1.2B to $1.2B. Reported net income was -$16M.
How have Securian Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Securian Financial Group, Inc.'s sponsor-wide assets grew 9.9%, from $2.0B to $2.2B.
Where does Securian Financial Group, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Securian Financial Group, Inc. Retirement Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Securian Financial Group, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kellanova Pension Plan in IL ($1.2B, 2,765 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Securian Financial Group, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is America First Credit Union Pension Plan in UT (2,645 participants, $600M in assets).