# State Farm Mutual Automobile Insurance Company 401(k) Plan
Source: https://planprovider.pro/companies/state-farm-mutual-automobile-insurance-company-401k-plan

> State Farm Mutual Automobile Insurance Company&#39;s 401(k) plan: 67,476 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** State Farm Mutual Automobile Insurance Company

- **Sponsor EIN:** 370533100

- **Sponsor Address:** ONE STATE FARM PLAZA, BLOOMINGTON, IL, 617100001

- **Plan Type:** 401(k)

- **Total Participants:** 67,476

- **Total Assets:** $19.0B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|67,476|$19.0B|$143.3M|$449.9M|

| 2023|63,297|$16.9B|$105.3M|$427.0M|

| 2022|60,246|$14.7B|$70.5M|$400.2M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| THE VANGUARD GROUP, INC.|NONE|$585,741|—|$585,741|

| PRICEWATERHOUSECOOPERS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [PRICEWATERHOUSECOOPERS](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $585,741

- **Estimated Expense Ratio:** 0.003% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$585,741|—|—|—|—|

| 2023|$4,725|—|—|—|—|

| 2022|—|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/state-farm-mutual-automobile-insurance-company-401k-plan)

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