2023 Form 5500 filing — Farmers Group, Inc. 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241004174112NAL0006930211001) for Farmers Group, Inc. 401(K) Savings Plan, reported by Farmers Group, Inc. under EIN 95-0725935 and plan number 002. It reports 31,855 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004174112NAL0006930211001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Farmers Group, Inc.
- EIN
- 95-0725935
- Plan number
- 002
- Location
- Woodland Hills, CA
- Participants
- 31,855
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,622,827,533
- Total liabilities (EOY)
- $67,829,277
- Net assets (EOY)
- $4,554,998,256
- Employer contributions
- $168,135,207
- Participant contributions
- $186,316,510
- Total income / additions
- $996,765,443
- Benefits paid
- $463,137,773
- Administrative expenses
- $4,852,885
- Total expenses
- $476,295,606
- Net increase / (decrease)
- $520,469,837
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wellington | ASSET MANAGER | $1,461,075 | $0 |
| The Vanguard Group, Inc. | TRUSTEE | $1,371,961 | $0 |
| American Century | ASSET MANAGER | $885,964 | not reported in the loaded dataset |
| Bny Mellon | CUSTODIAN | $747,568 | not reported in the loaded dataset |
| Mondrian | ASSET MANAGER | $701,676 | $0 |
| Goldman Sachs | ASSET MANAGER | $561,691 | not reported in the loaded dataset |
| Pimco | ASSET MANAGER | $270,488 | not reported in the loaded dataset |
| Blackrock | ASSET MANAGER | $63,197 | $0 |
| Ernst & Young Us Llp | AUDITOR | $33,475 | not reported in the loaded dataset |
| Gibson Dunn & Crutcher Llp | LEGAL | $4,271 | not reported in the loaded dataset |