DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

State Farm Insurance Companies Retirement Plan for United States Employees

Corporate pensionBloomington, IL
Assets
$38B
Total assets, Dec 31, 2024 reported
Funded
136.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: State Farm Mutual Automobile Insurance Company
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.0%
  • Non-interest-bearing cash 0.0%
  • Corporate debt instruments (preferred) 18.1%
  • U.S. Government securities 7.7%
  • Other investments 2.0%
  • Registered investment companies 2.4%
  • Common stock 69.5%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Total assets
$38B Dec 31, 2024 reported Form 5500
$35B (2023-12) · $32B (2022-12)
Plan assets
$35B Jan 1, 2024 reported Form 5500
$32B (2023-01) · $37B (2022-01)
Net assets
$38B Dec 31, 2024 reported Form 5500
$35B (2023-12) · $32B (2022-12)
Funded ratio
136.2% Jan 1, 2024 reported Form 5500
140.4% (2023-01) · 141.2% (2022-01)
Funding target
$23B Jan 1, 2024 reported Form 5500
$22B (2023-01) · $20B (2022-01)
Discount rate
5.18% Jan 1, 2024 reported Form 5500
5.31% (2023-01) · 5.48% (2022-01)
Participants
115,468 Jan 1, 2024 reported Form 5500
116,786 (2023-01) · 118,864 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$1.1B Dec 31, 2024 reported Form 5500
$1.1B (2023-12) · $1.0B (2022-12)
Net investment income
$2.5B Dec 31, 2024 reported Form 5500
$3.1B (2023-12) · $-4.6B (2022-12)
Investment management fees
$2.2M Dec 31, 2024 reported Form 5500
$2.3M (2023-12) · $2.1M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024115,468$35B$23B136.2%$38Bn/an/an/a
2023 to Dec 31, 2023116,786$32B$22B140.4%$35Bn/an/an/a
2022 to Dec 31, 2022118,864$37B$20B141.2%$32Bn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
5 events
  • Dec 31, 2024Assets changed
    State Farm Insurance Companies Retirement Plan for United States Employees total assets $35.2B -> $37.7B (+7.1%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Funded status changed
    State Farm Insurance Companies Retirement Plan for United States Employees funded ratio 140.4% -> 136.2% (2023-01-01 to 2024-01-01)
  • Jan 1, 2024Assets changed
    State Farm Insurance Companies Retirement Plan for United States Employees plan assets $32.1B -> $35.2B (+9.7%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Assets changed
    State Farm Insurance Companies Retirement Plan for United States Employees total assets $32.1B -> $35.2B (+9.7%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Assets changed
    State Farm Insurance Companies Retirement Plan for United States Employees plan assets $36.7B -> $32.1B (-12.4%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 370533100-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.