State Farm 401(K) Savings Plan — Form 5500 plan (State Farm Mutual Automobile Insurance Company)

Plain-English plan 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, State Farm 401(K) Savings Plan is a benefit plan reported by State Farm Mutual Automobile Insurance Company under EIN 37-0533100 and plan number 002. The latest loaded filing year is 2023. The filing reports 96,717 participants and $16,935,002,041 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
State Farm Mutual Automobile Insurance Company
EIN
37-0533100
Plan number
002
Plan type
2
Location
Bloomington, IL
Latest filing year
2023
Participants
96,717
End-of-year plan assets
$16,935,002,041

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202396,717H, C20241012073558NAL0013220547001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,935,002,041
Total liabilities (EOY)
$0
Net assets (EOY)
$16,935,002,041
Net assets (BOY)
$14,651,519,685

Income & contributions

Employer contributions
$105,270,695
Participant contributions
$427,028,793
Total contributions
$557,723,035
Total income / additions
$3,401,274,962

Expenses & distributions

Benefits paid
$1,136,377,045
Administrative expenses
$4,725
Total expenses
$1,140,171,289
Net increase / (decrease)
$2,261,103,673

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$174,575$02023
Jpmorgan Chase Bank, N.A.NONE$0$5,3442023

Related Form 5500 pages