401(k) · DOL Form 5500 · 2024
Farmers Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $5.0B
- Total assets
- 19,026
- Participants
- 100th
- Percentile by assets
- $262,273
- Avg per participant
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.
- 100th percentile by assets (of 123,622 plans)
- #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.
- $5.0B
- total plan assets (2024 EOY)
- 19,026
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $262,273
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Farmers Group, Inc. 401(k) Savings Plan reports 19,026 participants - 30x that state average ($5.0B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $4.6B |
|---|---|
| Net Assets (End of Year) | $4.9B |
| Net Income | $340M |
| Employer EIN | 950725935 |
| Plan Effective Date | 1948-12-31 |
| 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 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
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
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. Employees' Pension Plan (Defined Benefit (Pension), $2.6B, 9,733 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Farmers Group, Inc. 401(k) Savings Plan by total assets, not by location.
- New York Life Insurance Company Employee Progress Sharing Investment Plan (NY) $5.0B · 12,949
- Kimberly-Clark Corporation 401(k) & Profit Sharing Plan (WI) $5.0B · 11,661
- International Paper Company Salaried Savings Plan (TN) $5.0B · 12,564
- Westrock Company 401(k) Retirement Savings Plan (GA) $5.0B · 32,796
Frequently Asked Questions
How did Farmers Group, Inc. 401(k) Savings Plan assets move in 2024? ▼
How have Farmers Group, Inc. plan assets changed over time? ▼
Where does Farmers Group, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Farmers Group, Inc. 401(k) Savings Plan? ▼
Next read for Farmers Group, Inc. 401(k) Savings Plan
Filing takeaways
Ways to act on Farmers Group, Inc. 401(k) Savings Plan's numbers.
- By total assets, Farmers Group, Inc. 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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