Defined Benefit (Pension) · DOL Form 5500 · 2024

State Farm Mutual Automobile Insurance Company Pension Plan

Data updated 2026-07-24

$37.7B
Total assets: 41,619
Participants: 100th
Percentile by assets: $906,710
Avg per participant

Official DOL plan name: State Farm Insurance Companies Retirement Plan for United States Employees · Sponsored by State Farm Mutual Automobile Insurance Company · Illinois · Finance & Insurance

$37.7B in assets, 41,619 participants

State Farm Mutual Automobile Insurance Company's State Farm Insurance Companies Retirement Plan for United States Employees reported $37.7B in total assets and 41,619 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 116,472 plans)

Coverage in Illinois

State Farm Insurance Companies Retirement Plan for United States Employees covers 41,619 participants in Illinois, 54x the typical Illinois plan (state average ~768 per filing). Assets: $37.7B.

$37.7B
total plan assets (2024 EOY): 41,619
covered participants: 100th
percentile by assets (of 116,472 plans): $906,710
avg assets per participant

State Farm Insurance Companies Retirement Plan for United States Employees reported net income fell from $3.1B in the plan year 2023 filing to $2.5B in the plan year 2024 filing.
State Farm Insurance Companies Retirement Plan for United States Employees reported participants fell from 45,001 in the plan year 2023 filing to 41,619 in the plan year 2024 filing.
State Farm Insurance Companies Retirement Plan for United States Employees end-of-year assets rose from $35.2B in the plan year 2023 filing to $37.7B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Finance & Insurance

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. State Farm Insurance Companies Retirement Plan for United States Employees reports 41,619 participants - 54x that state average ($37.7B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$35.2B
Net Assets (End of Year)	$37.7B
Net Income	$2.5B
Employer EIN	370533100
Plan Effective Date	1953-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (State Farm Mutual Automobile Insurance Company)

Total plan assets by year, all State Farm Mutual Automobile Insurance Company plans on file

Year	Plans	Participants	Total Assets
2022	2	102,668	$46.8B
2023	2	105,247	$52.2B
2024	2	104,916	$56.7B

Nearby Defined Benefit (Pension) Plans in Illinois

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

State Farm Insurance Companies Retirement Plan for United States Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898
Midwest Operating Engineers Pension Trust Fund $6.0B · 13,118

Compare State Farm Insurance Companies Retiremen… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to State Farm Insurance Companies Retirement Plan for United States Employees by total assets, not by location.

Kaiser Permanente Retirement Plan (CA) $34.5B · 135,057
Rtx Consolidated Pension Plan (CT) $41.6B · 36,180
AT&T Pension Benefit Plan (TX) $28.3B · 100,400
Central Pension Fund of the Iuoe & Participating Employers (DC) $27.4B · 103,525

Frequently Asked Questions

How did State Farm Insurance Companies Retirement Plan for United States Employees assets move in 2024? ▼

State Farm Insurance Companies Retirement Plan for United States Employees grew at a solid clip - up 7.1% during 2024, from $35.2B to $37.7B. Reported net income was $2.5B.

How have State Farm Mutual Automobile Insurance Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), State Farm Mutual Automobile Insurance Company's sponsor-wide assets grew 21.3%, from $46.8B to $56.7B.

Where does State Farm Insurance Companies Retirement Plan for United States Employees rank by assets among Form 5500 filers? ▼

State Farm Insurance Companies Retirement Plan for United States Employees ranks in the 100th 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 State Farm Insurance Companies Retirement Plan for United States Employees? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaiser Permanente Retirement Plan in CA ($34.5B, 135,057 participants).

Next read for State Farm Insurance Companies Retiremen…

Filing takeaways

Ways to act on State Farm Insurance Companies Retirement Plan for United States Employees's numbers.

By total assets, State Farm Insurance Companies Retirement Plan for United States Employees 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 Illinois. Compare plans
State Farm Mutual Automobile Insurance Company's sponsor-wide assets have grown 21.3% 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 370533100.

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.