Defined Benefit (Pension) · DOL Form 5500 · 2022
Northwestern Mutual Life Ins.Co. Pension Plan
Data updated 2026-08-25
- $1.9B
- Total assets Very large vs avg
- 7,278
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $264,821
- Avg per participant High balance/head
Official DOL plan name: The Northwestern Mutual Life Insurance Company Agents Retirement Plan · Sponsored by Northwestern Mutual Life Ins.Co. · Wisconsin · Finance & Insurance
$1.9B in assets, 7,278 participants
Northwestern Mutual Life Ins.Co.'s The Northwestern Mutual Life Insurance Company Agents Retirement Plan reported $1.9B in total assets and 7,278 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,145 in Finance & Insurance (9,261 peers)
Coverage in Wisconsin
The Northwestern Mutual Life Insurance Company Agents Retirement Plan covers 7,278 participants in Wisconsin, 13x the typical Wisconsin plan (state average ~563 per filing). Assets: $1.9B.
- #9,145
- in Finance & Insurance (9,261 peers)
- -23.1%
- assets change YoY
- 19×
- vs typical plan assets (national mean)
The plan reported a net loss of $566M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Northwestern Mutual Life Insurance Company Agents Retirement Plan's outsized position by total assets
The Northwestern Mutual Life Insurance Company Agents Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,927,367,772 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Northwestern Mutual Life Insurance Company Agents Retirement Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Northwestern Mutual Life Insurance Company Agents Retirement Plan lands in the large band (7,278 participants).
DOL schedule card
Filing strip 390509570 · Northwestern Mutual Life Ins.Co. PY 2022 · Defined Benefit (Pension)
The Northwestern Mutual Life Insurance Company Agents Retirement Plan · $1.9B · 7,278 · 99th
- NET $1.9B
- BOOK 7,278
- VS-ST 99th
- BOY Defined Benefit (Pension)
- SCH near Unisys Pension Plan
- EBSA ind #9145
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Wisconsin →
The Northwestern Mutual Life Insurance Company Agents Retirement Plan in the asset neighbourhood
Wisconsin filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $1.9B |
| Net Income | -$566M |
| Employer EIN | 390509570 |
| Plan Effective Date | 1942-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northwestern Mutual Life Ins.Co.)
Sponsor-wide plan assets over time
All Northwestern Mutual Life Ins.Co. plans reported in each filing year
- Latest sponsor-wide plan assets
- $9.6B 12.691710490574781% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 27,987 | $8.6B |
| 2023 | 4 | 29,929 | $9.3B |
| 2024 | 4 | 30,138 | $9.6B |
Nearby Defined Benefit (Pension) Plans in Wisconsin
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Northwestern Mutual Employee Retirement Plan $3.1B · 7,377
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.0B · 9,724
- Rockwell Automation Pension Plan $2.1B · 3,077
- Harley-Davidson Retirement Plan $1.8B · 1,744
- Johnson Controls Pension Plan $1.7B · 28
Scale composition for The Northwestern Mutual Life Insurance Company Agents Retirement Plan
The Northwestern Mutual Life Insurance Company Agents Retirement Plan reports $1.9B in end-of-year assets across 7,278 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $264,821 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2022 was -$566M.
This plan identity (EIN 390509570, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $2.1B (+7.7%) while covered participants moved from 7,278 to 7,653 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,278 | $1.9B | This page |
| 2023 | 7,368 | $2.1B | Open filing |
| 2024 · index core | 7,653 | $2.1B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- The Northwestern Mutual Employee Retirement Plan (Defined Benefit (Pension), $3.3B, 8,254 participants)
- The Northwestern Mutual Employee Savings Plan (401(k), $2.9B, 8,232 participants)
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan (Defined Benefit (Pension), $2.1B, 7,653 participants)
- The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund (Profit Sharing, $1.4B, 5,999 participants)
The Northwestern Mutual Life Insurance Company Agents Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Unisys Pension Plan in PA ($1.9B); by covered participants it is Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan in CT (7,265 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.9B here).
- Unisys Pension Plan (PA) $1.9B · 466
- Brightspeed Pension Plan (NC) $1.9B · 2,294
- Genuine Parts Company Pension Plan (GA) $1.9B · 5,106
- Cna Retirement Plan (IL) $1.9B · 512
Similar participant headcount
Nearest other-state filings by covered participants (7,278 participants); asset peers above are excluded.
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan (CT) 7,265 · 13 off
- Laborers District Council of W PA Pension Fund (PA) 7,299 · 21 off
- Jefferson Defined Benefit Plan (PA) 7,255 · 23 off
- Hotel Union and Hotel Industry of Hawaii Pension Plan (HI) 7,370 · 92 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.