Defined Benefit (Pension) · DOL Form 5500 · 2024
Securian Financial Group, Inc. Pension Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 2,647
- Participants
- 99th
- Percentile by assets
- $452,091
- Avg per participant
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.
- 99th percentile by assets (of 116,472 plans)
- #8,030 in Finance & Insurance (8,240 peers)
Coverage in Minnesota
Securian Financial Group, Inc. Retirement Plan covers 2,647 participants in Minnesota, 2.3x the typical Minnesota plan (state average ~1,161 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2024 EOY)
- 2,647
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $452,091
- 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 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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Securian Financial Group, Inc. Retirement Plan reports 2,647 participants - 2.3x that state average ($1.2B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | -$16M |
| Employer EIN | 411919752 |
| Plan Effective Date | 1945-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Securian Financial Group, Inc.)
| 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
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Securian Financial Group, Inc. Retirement Plan by total assets, not by location.
- Kellanova Pension Plan (IL) $1.2B · 2,765
- Cfg Pension Plan (RI) $1.2B · 2,962
- Non-Contributory Retirement Program for Certain Empl of Bcbssc (SC) $1.2B · 4,087
- Retirement Plan for Hospital Employees (CA) $1.2B · 2,045
Frequently Asked Questions
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Filing takeaways
Ways to act on Securian Financial Group, Inc. Retirement Plan's numbers.
- By total assets, Securian Financial Group, Inc. Retirement 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 Minnesota. Compare plans
- Securian Financial Group, Inc.'s sponsor-wide assets have grown 9.9% since 2022 across 3 plan years on file. More Finance & Insurance plans