401(k) · DOL Form 5500 · 2022

National Life Insurance Company 401(k) Plan

Data updated 2026-08-11

$260M
Total assets
1,153
Participants
96th
Percentile by assets
$225,413
Avg per participant
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Official DOL plan name: National Life Group 401(k) Plan · Sponsored by National Life Insurance Company · Vermont · Finance & Insurance

$260M in assets, 1,153 participants

National Life Insurance Company's National Life Group 401(k) Plan reported $260M in total assets and 1,153 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,691 in Finance & Insurance (9,261 peers)

Coverage in Vermont

National Life Group 401(k) Plan covers 1,153 participants in Vermont, 4.7x the typical Vermont plan (state average ~245 per filing). Assets: $260M.

$260M
total plan assets (2022 EOY)
1,153
covered participants
96th
percentile by assets (of 139,126 plans)
$225,413
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Vermont filers

In Vermont, the average filing covers about 245 participants across 327 plans. National Life Group 401(k) Plan reports 1,153 participants - 4.7x that state average ($260M EOY assets).

Vermont filing particulars

Total Assets (Beginning of Year)$300M
Net Assets (End of Year)$260M
Net Income-$40M
Employer EIN030144090
Plan Effective Date1979-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Life Insurance Company)

$300M$350M$400M$450M 202220232024 $330M $401M ▲ +21.6%
Total plan assets by year, all National Life Insurance Company plans on file
Year Plans Participants Total Assets
2022 3 1,858 $330M
2023 3 1,936 $359M
2024 2 2,088 $401M

Nearby 401(k) Plans in Vermont

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

National Life Group 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants

National Life Group 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 00.511.52 Total assets ($B) Participants National Life Group …The University of Ve…Green Mountain Power…Husky Retirement Sav…Incentive Retirement…Casella Waste System…
National Life Group 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to National Life Group 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did National Life Group 401(k) Plan assets move in 2022?
National Life Group 401(k) Plan pulled back noticeably - down 13.3% during 2022, from $300M to $260M. Reported net income was -$40M.
How have National Life Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), National Life Insurance Company's sponsor-wide assets grew 21.6%, from $330M to $401M.
Where does National Life Group 401(k) Plan rank by assets among Form 5500 filers?
National Life Group 401(k) Plan ranks in the 96th 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 National Life Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tempur Sealy 401(k) Retirement Plan in KY ($260M, 5,231 participants).

Next read for National Life Group 401(k) Plan

Filing takeaways

Ways to act on National Life Group 401(k) Plan's numbers.