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401(k) Retirement Plan · Active

STATE FARM INSURANCE COMPANIES RETIREMENT PLAN FOR UNITED STATES EMPLOYEES

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY·EIN 370533100
ONE STATE FARM PLAZA · BLOOMINGTON, IL 617100001
Plan year
2024
Plan #
001
Industry
Filing ACK
202510081628…
Prospect flagsLoss discovered

Summary metrics

Total assets (EOY)
$37736.4M
$0 per participant
Active participants
114,467
60.5% participation
Participation rate
60.5%
16th percentile
Annual return
10.27%
24th percentile
Admin expense
0.18%
% of assets
Flag timeline

Issue history by plan year

Tripped years: 2Watched years: 0
Section 02

How this plan compares

Peer groupIndustry52, Assets>$1B, Participants>=10,000, Snapshot2024
  • Participant contribution
    $00th pctile
  • Employer contribution
    $00th pctile
  • Participation rate
    60.5%16th pctile
  • Assets per participant
    $00th pctile
  • Expense efficiency
    $58015th pctile
  • Annual return
    10.27%24th pctile
Overall peer rank

Averaged across 6 normalized metrics within the selected peer group.

Fee trend
Return trend
Section 03

10-year trajectory2021 - 2024

How plan year 2024 played out
Asset flow
+$2.49B
Start of year to end of year
Section 04

Asset composition

End-of-year allocation
Cash drag vs peers
Section 04

Service providers

Top 7 by compensation
ProviderService typeCompensation
ALIGHT SOLUTIONS LLC
Service code 15
Recordkeeping
$5,033,249
CAPITAL INTERNATIONAL, INC.
Service code 28
Investment Management
$2,006,838
JP MORGAN CHASE BANK, N.A.
Service code 18
Custodial (other than securities); Fl...
$584,456
JPMORGAN CHASE BANK, N.A.
Service code 72
Other investment fees and expenses
$269,900
THE NORTHERN TRUST COMPANY
Service code 28
Investment Management
$238,174
AON
Service code 11
Actuarial
$189,807
PRICEWATERHOUSECOOPERS
Service code 10
Accounting
$127,861
Section 05

Plan features & details

Show features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$0
Participant total$0
Employer / P$0
Participant / P$0
Expenses
Admin expenses$23,028,447
Per participant$579.89
% of assets0.06%
Fidelity bond
Coverage amount$5,000,000
% of assets0.01%Below ERISA §412 10% minimum
Section 06

Other plans under this sponsor

Same EIN ·370533100
Plan #002$19,010,099,056
STATE FARM 401(K) SAVINGS PLAN