401(k) · DOL Form 5500 · 2022

Nationwide Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$6.7B
Total assets Very large vs avg
24,278
Participants Very large workforce
100th
Percentile by assets National rank
$277,483
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nationwide Savings Plan · Sponsored by Nationwide Mutual Insurance Company · Ohio · Finance & Insurance

$6.7B in assets, 24,278 participants

Nationwide Mutual Insurance Company's Nationwide Savings Plan reported $6.7B in total assets and 24,278 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,231 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Nationwide Savings Plan covers 24,278 participants in Ohio, 32x the typical Ohio plan (state average ~765 per filing). Assets: $6.7B.

#9,231
in Finance & Insurance (9,261 peers)
-18.1%
assets change YoY
68×
vs typical plan assets (national mean)

The plan reported a net loss of $1.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nationwide Savings Plan's outsized position by total assets

Nationwide Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$6,736,723,350 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Nationwide Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nationwide Savings Plan is a mega filing (24,278 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 314177100 · Nationwide Mutual Insurance Company PY 2022 · 401(k)

Nationwide Savings Plan · $6.7B · 24,278 · 100th

  • PHOTO $6.7B
  • PHOTO 24,278
  • PHOTO 100th
  • PHOTO 401(k)
  • PHOTO near Warnermedia 401(k) Savings Plan
  • PHOTO ind #9231

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 Ohio →

Nationwide Savings Plan in the asset neighbourhood

Sanofi U.S. Group Savings PlanSanofi U.S. Group Savings Pl…$6.8BTenet Healthcare Corporation 401(k) Retirement Savings PlanTenet Healthcare Corporation…$6.8BNationwide Savings Plan$6.7BWarnermedia 401(k) Savings PlanWarnermedia 401(k) Savings P…$6.7BAdp Totalsource Retirement Savings PlanAdp Totalsource Retirement S…$6.7B
End-of-year total assets ($B) among Nationwide Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$8.2B
Net Assets (End of Year)$6.7B
Net Income-$1.5B
Employer EIN314177100
Plan Effective Date1968-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nationwide Mutual Insurance Company)

Sponsor-wide plan assets over time

All Nationwide Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$12.7B 7.918645211164978% vs 2022
2024 filing year
$11.5B$12B$12.5B$13B$13.5B 202220232024 $11.8B $12.7B ▲ +8.0%
Year Plans Participants Total Assets
2022 2 46,875 $11.8B
2023 2 47,026 $12.9B
2024 3 47,435 $12.7B

Nearby 401(k) Plans in Ohio

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

Nationwide Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 56789 Total assets ($B) Participants Nationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift PlanEaton Savings Plan, Total assets ($B): 6.053918334 · Participants: 21882Eaton Savings Plan
Nationwide Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Nationwide Savings Plan

Nationwide Savings Plan reports $6.7B in end-of-year assets across 24,278 participants (0.055% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $277,483 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$1.5B.

This plan identity (EIN 314177100, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.7B to $8.3B (+23.5%) while covered participants moved from 24,278 to 24,370 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 24,278 $6.7B This page
2023 24,715 $7.6B Open filing
2024 · index core 24,370 $8.3B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Nationwide Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Warnermedia 401(k) Savings Plan in NY ($6.7B); by covered participants it is Weis Markets, Inc. Retirement Savings Plan in PA (24,336 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (24,278 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nationwide Savings Plan assets move in 2022?
Nationwide Savings Plan declined sharply - down 18.1% during 2022, from $8.2B to $6.7B. Reported net income was -$1.5B.
How have Nationwide Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Nationwide Mutual Insurance Company's sponsor-wide assets grew 7.9%, from $11.8B to $12.7B.
Where does Nationwide Savings Plan rank by assets among Form 5500 filers?
Nationwide Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Nationwide Savings Plan?
Among 401(k) plans in other states, the closest by assets is Warnermedia 401(k) Savings Plan in NY ($6.7B, N/A participants).
Which 401(k) plans cover a similar participant headcount to Nationwide Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Weis Markets, Inc. Retirement Savings Plan in PA (24,336 participants, $227M in assets).