401(k) · DOL Form 5500 · 2024

Farmers Group, Inc. 401(k) Plan

Data updated 2026-08-25

$5.0B
Total assets Very large vs avg
19,026
Participants Very large workforce
100th
Percentile by assets National rank
$262,273
Avg per participant Above avg balance/head
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Official DOL plan name: Farmers Group, Inc. 401(k) Savings Plan · Sponsored by Farmers Group, Inc. · California · Finance & Insurance

$5.0B in assets, 19,026 participants

Farmers Group, Inc.'s Farmers Group, Inc. 401(k) Savings Plan reported $5.0B in total assets and 19,026 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,501 in Finance & Insurance (8,549 peers)

Coverage in California

Farmers Group, Inc. 401(k) Savings Plan covers 19,026 participants in California, 30x the typical California plan (state average ~630 per filing). Assets: $5.0B.

#8,501
in Finance & Insurance (8,549 peers)
+7.9%
assets growth YoY
50×
vs typical plan assets (national mean)

Farmers Group, Inc. 401(k) Savings Plan's outsized position by total assets

Farmers Group, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$4,990,013,609 Highest reported value at or above every one 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

Farmers Group, Inc. 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farmers Group, Inc. 401(k) Savings Plan is a mega filing (19,026 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farmers Group, Inc. 401(k) Savings Plan reported net income fell from $520M in the plan year 2023 filing to $340M in the plan year 2024 filing.
  • Farmers Group, Inc. 401(k) Savings Plan reported participants fell from 22,503 in the plan year 2023 filing to 19,026 in the plan year 2024 filing.
  • Farmers Group, Inc. 401(k) Savings Plan end-of-year assets rose from $4.6B in the plan year 2023 filing to $5.0B in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 950725935 · Farmers Group, Inc. PY 2024 · 401(k)

Farmers Group, Inc. 401(k) Savings Plan · $5.0B · 19,026 · 100th

  • ASSETS $5.0B
  • ASSETS 19,026
  • ASSETS 100th
  • ASSETS 401(k)
  • ASSETS near New York Life Insurance Company Employee Progress Sharing Investment Plan
  • ASSETS ind #8501

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. 401(k) Savings Plan in the asset neighbourhood

Farmers Group, Inc. 401(k) Savings PlanFarmers Group, Inc. 401(k) S…$5.0BNew York Life Insurance Company Employee Progress Sharing Investment PlanNew York Life Insurance Comp…$5.0BKimberly-Clark Corporation 401(k) & Profit Sharing PlanKimberly-Clark Corporation 4…$5.0BInternational Paper Company Salaried Savings PlanInternational Paper Company …$5.0BWestrock Company 401(k) Retirement Savings PlanWestrock Company 401(k) Reti…$5.0B
End-of-year total assets ($B) among Farmers Group, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$4.6B
Net Assets (End of Year)$4.9B
Net Income$340M
Employer EIN950725935
Plan Effective Date1948-12-31
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 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Farmers Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0102030405060 Total assets ($B) Participants Farmers Group, Inc. 401(k) Savings Plan, Total assets ($B): 4.990013609 · Participants: 19026Farmers Group, Inc. 401(k) Savings PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Farmers Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Farmers Group, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Farmers Group, Inc. 401(k) Savings Plan

Farmers Group, Inc. 401(k) Savings Plan reports $5.0B in end-of-year assets across 19,026 participants (0.041% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $262,273 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was $340M.

This plan identity (EIN 950725935, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.1B to $5.0B (+22.0%) while covered participants moved from 22,423 to 19,026 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,423 $4.1B Open filing
2023 22,503 $4.6B Open filing
2024 · index core 19,026 $5.0B This page

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

Farmers Group, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is New York Life Insurance Company Employee Progress Sharing Investment Plan in NY ($5.0B); by covered participants it is Whirlpool 401(k) Retirement Plan in MI (19,016 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19,026 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 Farmers Group, Inc. 401(k) Savings Plan assets move in 2024? ▼
Farmers Group, Inc. 401(k) Savings Plan grew at a solid clip - up 7.9% during 2024, from $4.6B to $5.0B. Reported net income was $340M.
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. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Farmers Group, Inc. 401(k) Savings Plan ranks in the 100th 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 401(k) plans are similar in size to Farmers Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is New York Life Insurance Company Employee Progress Sharing Investment Plan in NY ($5.0B, 12,949 participants).
Which 401(k) plans cover a similar participant headcount to Farmers Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Whirlpool 401(k) Retirement Plan in MI (19,016 participants, $3.5B in assets).

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 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.