Defined Benefit (Pension) · DOL Form 5500 · 2024
State Farm Mutual Automobile Insurance Company Pension Plan
Data updated 2026-08-25
- $37.7B
- Total assets Mega-plan scale
- 41,619
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $906,710
- Avg per participant High balance/head
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.
- #8,548 in Finance & Insurance (8,549 peers)
Coverage in Illinois
State Farm Insurance Companies Retirement Plan for United States Employees covers 41,619 participants in Illinois, 53x the typical Illinois plan (state average ~779 per filing). Assets: $37.7B.
- #8,548
- in Finance & Insurance (8,549 peers)
- +7.1%
- assets growth YoY
- 379×
- vs typical plan assets (national mean)
State Farm Insurance Companies Retirement Plan for United States Employees's outsized position by total assets
State Farm Insurance Companies Retirement Plan for United States Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$37,736,369,487 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
State Farm Insurance Companies Retirement Plan for United States Employees'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. State Farm Insurance Companies Retirement Plan for United States Employees is a mega filing (41,619 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
Form 5500 schedule snapshot
Filing strip 370533100 · State Farm Mutual Automobile Insurance Company PY 2024 · Defined Benefit (Pension)
State Farm Insurance Companies Retirement Plan for United States Employees · $37.7B · 41,619 · 100th
- PHOTO $37.7B
- PHOTO 41,619
- PHOTO 100th
- PHOTO Defined Benefit (Pension)
- PHOTO near Kaiser Permanente Retirement Plan
- PHOTO ind #8548
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 Illinois →
State Farm Insurance Companies Retirement Plan for United States Employees in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All State Farm Mutual Automobile Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $56.7B 21.303363481916474% vs 2022
- 2024 filing year
| 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.
- 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
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
- Mid-America Carpenters Regional Council Pension Fund $6.4B · 10,902
Scale composition for State Farm Insurance Companies Retirement Plan for United States Employees
State Farm Insurance Companies Retirement Plan for United States Employees reports $37.7B in end-of-year assets across 41,619 participants (0.31% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.044% of 93,925,755 covered participants) - about $906,710 per participant (6.6x the national average assets-per-participant) . Net income for plan year 2024 was $2.5B.
This plan identity (EIN 370533100, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $32.1B to $37.7B (+17.5%) while covered participants moved from 49,052 to 41,619 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 49,052 | $32.1B | Open filing |
| 2023 | 45,001 | $35.2B | Open filing |
| 2024 · index core | 41,619 | $37.7B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- State Farm 401(k) Savings Plan (401(k), $19.0B, 63,297 participants)
State Farm Insurance Companies Retirement Plan for United States Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Kaiser Permanente Retirement Plan in CA ($34.5B); by covered participants it is Target Corporation Pension Plan in MN (41,726 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($37.7B here).
- Kaiser Permanente Retirement Plan (CA) $34.5B · 135,057
- Rtx Consolidated Pension Plan (CT) $41.6B · 36,180
- General Motors Hourly-Rate Employees Pension Plan (MI) $42.5B · 15,648
- AT&T Pension Benefit Plan (TX) $28.3B · 100,400
Similar participant headcount
Nearest other-state filings by covered participants (41,619 participants); asset peers above are excluded.
- Target Corporation Pension Plan (MN) 41,726 · 107 off
- The Adjustable Plan of the Unite Here Retirement (NY) 41,173 · 446 off
- Kaiser Permanente Employees Pension Plan (CA) 40,879 · 740 off
- Ufcw No. California Employers Joint Pension Plan (CA) 43,053 · 1,434 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.