401(k) · DOL Form 5500 · 2022

National Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$260M
Total assets Near avg plan size
1,153
Participants Near avg headcount
96th
Percentile by assets National rank
$225,413
Avg per participant Above avg balance/head
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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.

  • #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.

#8,691
in Finance & Insurance (9,261 peers)
-13.3%
assets change YoY
2.6×
vs typical plan assets (national mean)

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.

National Life Group 401(k) Plan's outsized position by total assets

National Life Group 401(k) Plan vs every filed plan by assets

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

$259,900,906 Top 4% higher than 96% 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

National Life Group 401(k) 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. National Life Group 401(k) Plan lands in the large band (1,153 participants).

EBSA filing schedule strip

Filing strip 030144090 · National Life Insurance Company PY 2022 · 401(k)

National Life Group 401(k) Plan · $260M · 1,153 · 96th

  • EBSA $260M
  • EBSA 1,153
  • EBSA 96th
  • EBSA 401(k)
  • EBSA near Tempur Sealy 401(k) Retirement Plan
  • EBSA ind #8691

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 Vermont →

National Life Group 401(k) Plan in the asset neighbourhood

National Life Group 401(k) PlanNational Life Group 401(k) P…$260MTempur Sealy 401(k) Retirement PlanTempur Sealy 401(k) Retireme…$260MValvoline 401(k) Plan$260MCambridge Associates, LLC 401(k) Savings Plan & TrustCambridge Associates, LLC 40…$260MAlsco 401(k) Savings Plan$260M
End-of-year total assets ($M) among National Life Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All National Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$401M 21.617216651171475% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $330M $401M ▲ +21.6%
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 Scatter plot of 6 data points. -20000200040006000800010000 00.511.52 Total assets ($B) Participants National Life Group 401(k) Plan, Total assets ($B): 0.259900906 · Participants: 1153National Life Group 401(k) PlanThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 1.648944074 · Participants: 8856The University of Vermont Medical Center 403(b) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.196446196 · Participants: 512Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.131415774 · Participants: 515Husky Retirement SavingsIncentive Retirement Plan for Employees of PC Construction Company, Total assets ($B): 0.114229826 · Participants: 380Incentive Retirement Plan for Employees of PC Construction CompanyCasella Waste Systems 401(k) Plan, Total assets ($B): 0.101422275 · Participants: 2445Casella Waste Systems 401(k) Plan
National Life Group 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants
Compare National Life Group 401(k) Plan side-by-side with 3 peers →

National Life Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Tempur Sealy 401(k) Retirement Plan in KY ($260M); by covered participants it is Totalmed Staffing, Inc. 401(k) Profit Sharing Plan and Trust in WI (1,153 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($260M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,153 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 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).
Which 401(k) plans cover a similar participant headcount to National Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Totalmed Staffing, Inc. 401(k) Profit Sharing Plan and Trust in WI (1,153 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 030144090.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.