# State Farm Mutual Automobile Insurance Company DB Plan
Source: https://planprovider.pro/companies/state-farm-mutual-automobile-insurance-company-plan-001

> State Farm Mutual Automobile Insurance Company&#39;s DB plan: 39,712 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:** DB

- **Total Participants:** 39,712

- **Total Assets:** $37.7B

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

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

| 2024|39,712|$37.7B|$0|$0|

| 2023|41,619|$35.2B|$0|$0|

| 2022|45,001|$32.1B|$0|$0|

## 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|

| ALIGHT SOLUTIONS LLC|NONE|$5,019,426|$13,823|$5,033,249|

| CAPITAL INTERNATIONAL, INC.|NONE|$2,006,838|—|$2,006,838|

| JP MORGAN CHASE BANK, N.A.|NONE|$584,456|$269,900|$854,356|

| THE NORTHERN TRUST COMPANY|NONE|$238,174|—|$238,174|

| AON|NONE|$189,807|—|$189,807|

| PRICEWATERHOUSECOOPERS|NONE|$127,861|—|$127,861|

### Verified Provider Profiles

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

- [ALIGHT SOLUTIONS LLC](https://planprovider.pro/provider/alight-solutions) — NONE

- [JP MORGAN CHASE BANK, N.A.](https://planprovider.pro/provider/jp-morgan-asset-management) — NONE

- [AON](https://planprovider.pro/provider/alight-solutions) — NONE

- [PRICEWATERHOUSECOOPERS](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — NONE

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $8,450,285

- **Estimated Expense Ratio:** 0.022% 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|$23,028,447|$2,245,012|—|$127,861|—|

| 2023|$23,119,429|$2,285,321|—|$143,261|—|

| 2022|$19,150,145|$2,053,473|—|—|$5,537,027|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/state-farm-mutual-automobile-insurance-company-plan-001)

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