Defined Benefit (Pension) · DOL Form 5500 · 2024

American Family Mutual Insurance Company, S.I. Pension Plan

Data updated 2026-08-06

$1.3B
Total assets
11,032
Participants
99th
Percentile by assets
$114,622
Avg per participant
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Official DOL plan name: American Family Pension Plan · Sponsored by American Family Mutual Insurance Company, S.I. · Wisconsin · Finance & Insurance

$1.3B in assets, 11,032 participants

American Family Mutual Insurance Company, S.I.'s American Family Pension Plan reported $1.3B in total assets and 11,032 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)
  • #8,044 in Finance & Insurance (8,240 peers)

Coverage in Wisconsin

American Family Pension Plan covers 11,032 participants in Wisconsin, 20x the typical Wisconsin plan (state average ~565 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY)
11,032
covered participants
99th
percentile by assets (of 116,472 plans)
$114,622
avg assets per participant

The plan reported a net loss of $46M 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

  • American Family Pension Plan reported net income fell from $95M in the plan year 2023 filing to -$46M in the plan year 2024 filing.
  • American Family Pension Plan reported participants fell from 11,519 in the plan year 2023 filing to 11,032 in the plan year 2024 filing.
  • American Family Pension Plan end-of-year assets fell from $1.3B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 565 participants across 2,767 plans. American Family Pension Plan reports 11,032 participants - 20x that state average ($1.3B EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.3B
Net Income-$46M
Employer EIN390273710
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

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

$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.92B $3.46B ▲ +18.5%
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 Defined Benefit (Pension) Plans in Wisconsin

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

American Family Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

American Family Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 050001000015000 11.522.533.54 Total assets ($B) Participants American Family Pens…Building Trades Unit…The Northwestern Mut…The Northwestern Mut…Harley-Davidson Reti…North Central States…
American Family Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Scale composition for American Family Pension Plan

American Family Pension Plan reports $1.3B in end-of-year assets across 11,032 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.012% of 89,805,449 covered participants) - about $114,622 per participant (84% of the national average assets-per-participant) . Net income for plan year 2024 was -$46M.

This plan identity (EIN 390273710, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.3B (+5.1%) while covered participants moved from 11,381 to 11,032 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,381 $1.2B Open filing
2023 11,519 $1.3B Open filing
2024 · index core 11,032 $1.3B This page

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to American Family Pension Plan by total assets, not by location.

Frequently Asked Questions

How did American Family Pension Plan assets move in 2024?
American Family Pension Plan edged down modestly - down 2.7% during 2024, from $1.3B to $1.3B. Reported net income was -$46M.
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 Pension Plan rank by assets among Form 5500 filers?
American Family Pension 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 Defined Benefit (Pension) plans are similar in size to American Family Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan in MD ($1.3B, 2,018 participants).

Filing takeaways

Ways to act on American Family Pension Plan's numbers.

  • By total assets, American Family Pension 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 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