Defined Benefit (Pension) · DOL Form 5500 · 2022

Aflac Incorporated Pension Plan

Data updated 2026-08-11

$659M
Total assets
2,337
Participants
98th
Percentile by assets
$281,946
Avg per participant
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Official DOL plan name: Aflac Incorporated Pension Plan · Sponsored by Aflac Incorporated · Georgia · Finance & Insurance

$659M in assets, 2,337 participants

Aflac Incorporated's Aflac Incorporated Pension Plan reported $659M in total assets and 2,337 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)
  • #8,970 in Finance & Insurance (9,261 peers)

Coverage in Georgia

Aflac Incorporated Pension Plan covers 2,337 participants in Georgia, 2.1x the typical Georgia plan (state average ~1,096 per filing). Assets: $659M.

$659M
total plan assets (2022 EOY)
2,337
covered participants
98th
percentile by assets (of 139,126 plans)
$281,946
avg assets per participant

The plan reported a net loss of $226M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Aflac Incorporated Pension Plan reports 2,337 participants - 2.1x that state average ($659M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$885M
Net Assets (End of Year)$659M
Net Income-$226M
Employer EIN581167100
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aflac Incorporated)

$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.37B $1.51B ▲ +10.2%
Total plan assets by year, all Aflac Incorporated plans on file
Year Plans Participants Total Assets
2022 2 8,117 $1.4B
2023 2 7,871 $1.5B
2024 2 7,832 $1.5B

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Aflac Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Aflac Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -50510152025 Total assets ($B) Participants Aflac Incorporated P…UPS Retirement PlanThe Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanDelta Retirement Plan
Aflac Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Aflac Incorporated Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Aflac Incorporated Pension Plan assets move in 2022?
Aflac Incorporated Pension Plan declined sharply - down 25.5% during 2022, from $885M to $659M. Reported net income was -$226M.
How have Aflac Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Aflac Incorporated's sponsor-wide assets grew 9.5%, from $1.4B to $1.5B.
Where does Aflac Incorporated Pension Plan rank by assets among Form 5500 filers?
Aflac Incorporated Pension 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 Defined Benefit (Pension) plans are similar in size to Aflac Incorporated Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Michigan Carpenters' Pension Fund in MI ($659M, 3,379 participants).

Next read for Aflac Incorporated Pension Plan

Filing takeaways

Ways to act on Aflac Incorporated Pension Plan's numbers.