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.
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