401(k) · DOL Form 5500 · 2022

Ohio Farmers Insurance Company 401(k) Plan

Data updated 2026-08-11

$408M
Total assets
2,438
Participants
98th
Percentile by assets
$167,304
Avg per participant
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Official DOL plan name: Westfield Employee Retirement Savings Plan · Sponsored by Ohio Farmers Insurance Company · Ohio · Finance & Insurance

$408M in assets, 2,438 participants

Ohio Farmers Insurance Company's Westfield Employee Retirement Savings Plan reported $408M in total assets and 2,438 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #8,839 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Westfield Employee Retirement Savings Plan covers 2,438 participants in Ohio, 3.2x the typical Ohio plan (state average ~765 per filing). Assets: $408M.

$408M
total plan assets (2022 EOY)
2,438
covered participants
98th
percentile by assets (of 139,126 plans)
$167,304
avg assets per participant

The plan reported a net loss of $77M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Westfield Employee Retirement Savings Plan reports 2,438 participants - 3.2x that state average ($408M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$485M
Net Assets (End of Year)$408M
Net Income-$77M
Employer EIN340438190
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ohio Farmers Insurance Company)

$1.05B$1.1B$1.15B$1.2B$1.25B$1.3B 202220232024 $1.1B $1.24B ▲ +12.7%
Total plan assets by year, all Ohio Farmers Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 4,634 $1.1B
2023 2 4,708 $1.2B
2024 2 4,752 $1.2B

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0246810 Total assets ($B) Participants Westfield Employee R…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Westfield Employee Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Westfield Employee Retirement Savings Plan assets move in 2022?
Westfield Employee Retirement Savings Plan declined sharply - down 15.9% during 2022, from $485M to $408M. Reported net income was -$77M.
How have Ohio Farmers Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Ohio Farmers Insurance Company's sponsor-wide assets grew 13.2%, from $1.1B to $1.2B.
Where does Westfield Employee Retirement Savings Plan rank by assets among Form 5500 filers?
Westfield Employee Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Westfield Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan in MI ($408M, 2,885 participants).

Next read for Westfield Employee Retirement Savings Pl…

Filing takeaways

Ways to act on Westfield Employee Retirement Savings Plan's numbers.