401(k) · DOL Form 5500 · 2024

American Family Mutual Insurance Company, S.I. 401(k) Plan

Data updated 2026-08-06

$2.2B
Total assets: 12,720
Participants: 99th
Percentile by assets: $172,528
Avg per participant

Official DOL plan name: American Family 401(k) Plan · Sponsored by American Family Mutual Insurance Company, S.I. · Wisconsin · Finance & Insurance

$2.2B in assets, 12,720 participants

American Family Mutual Insurance Company, S.I.'s American Family 401(k) Plan reported $2.2B in total assets and 12,720 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)
#8,115 in Finance & Insurance (8,240 peers)

Coverage in Wisconsin

American Family 401(k) Plan covers 12,720 participants in Wisconsin, 23x the typical Wisconsin plan (state average ~565 per filing). Assets: $2.2B.

$2.2B
total plan assets (2024 EOY): 12,720
covered participants: 99th
percentile by assets (of 116,472 plans): $172,528
avg assets per participant

American Family 401(k) Plan reported net income fell from $285M in the plan year 2023 filing to $190M in the plan year 2024 filing.
American Family 401(k) Plan end-of-year assets rose from $2.0B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
American Family 401(k) Plan reported participants fell from 13,277 in the plan year 2023 filing to 12,720 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Wisconsin

Industry

Finance & Insurance

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 565 participants across 2,767 plans. American Family 401(k) Plan reports 12,720 participants - 23x that state average ($2.2B EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)	$2.0B
Net Assets (End of Year)	$2.2B
Net Income	$190M
Employer EIN	390273710
Plan Effective Date	1973-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (American Family Mutual Insurance Company, S.I.)

Total plan assets by year, all American Family Mutual Insurance Company, S.I. plans on file

Year	Plans	Participants	Total Assets
2022	2	25,094	$2.9B
2023	2	24,796	$3.3B
2024	2	23,752	$3.5B

Nearby 401(k) Plans in Wisconsin

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

American Family 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Advocate Aurora Health 401(k) Plan $10.5B · 80,015
Johnson Controls Retirement Savings and Investment Plan $7.2B · 28,489
Fiserv 401(k) Savings Plan $5.1B · 26,372
Kimberly-Clark Corporation 401(k) & Profit Sharing Plan $5.0B · 11,661
Rockwell Automation Retirement Savings Plan $3.8B · 9,217

Compare American Family 401(k) Plan side-by-side with 3 peers →

Scale composition for American Family 401(k) Plan

American Family 401(k) Plan reports $2.2B in end-of-year assets across 12,720 participants (0.019% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $172,528 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2024 was $190M.

This plan identity (EIN 390273710, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.2B (+27.6%) while covered participants moved from 13,713 to 12,720 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	13,713	$1.7B	Open filing
2023	13,277	$2.0B	Open filing
2024 · index core	12,720	$2.2B	This page

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

American Family Pension Plan (Defined Benefit (Pension), $1.3B, 11,032 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to American Family 401(k) Plan by total assets, not by location.

Allegis Group, Inc. Retirement Savings Plan One (MD) $2.2B · 24,457
Essentia Health Retirement Plan (MN) $2.2B · 15,695
Quanta Services, Inc. 401(k) Savings Plan (TX) $2.2B · 37,369
Air Liquide & Airgas 401(k) Plan (TX) $2.2B · 17,600

Frequently Asked Questions

How did American Family 401(k) Plan assets move in 2024? ▼

American Family 401(k) Plan grew at a solid clip - up 9.5% during 2024, from $2.0B to $2.2B. Reported net income was $190M.

How have American Family Mutual Insurance Company, S.I. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), American Family Mutual Insurance Company, S.I.'s sponsor-wide assets grew 18.3%, from $2.9B to $3.5B.

Where does American Family 401(k) Plan rank by assets among Form 5500 filers? ▼

American Family 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 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 American Family 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Allegis Group, Inc. Retirement Savings Plan One in MD ($2.2B, 24,457 participants).

Next read for American Family 401(k) Plan

Filing takeaways

Ways to act on American Family 401(k) Plan's numbers.

By total assets, American Family 401(k) 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 Wisconsin. Compare plans
American Family Mutual Insurance Company, S.I.'s sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 390273710.