401(k) · DOL Form 5500 · 2023

Ohio Farmers Insurance Company 401(k) Plan

Data updated 2026-08-25

$462M
Total assets Above avg plan size
2,565
Participants Above avg headcount
97th
Percentile by assets National rank
$179,982
Avg per participant Above avg balance/head
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Official DOL plan name: Westfield Employee Retirement Savings Plan · Sponsored by Ohio Farmers Insurance Company · Ohio · Finance & Insurance

$462M in assets, 2,565 participants

Ohio Farmers Insurance Company's Westfield Employee Retirement Savings Plan reported $462M in total assets and 2,565 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,447 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Westfield Employee Retirement Savings Plan covers 2,565 participants in Ohio, 3.4x the typical Ohio plan (state average ~765 per filing). Assets: $462M.

#8,447
in Finance & Insurance (8,869 peers)
+13.2%
assets growth YoY
4.6×
vs typical plan assets (national mean)

Westfield Employee Retirement Savings Plan's outsized position by total assets

Westfield Employee Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$461,654,072 Top 3% higher than 97% of 127,068 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 2023

Westfield Employee Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westfield Employee Retirement Savings Plan lands in the large band (2,565 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westfield Employee Retirement Savings Plan reported net income rose from -$77M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Westfield Employee Retirement Savings Plan end-of-year assets rose from $408M in the plan year 2022 filing to $462M in the plan year 2023 filing.
  • Westfield Employee Retirement Savings Plan reported participants rose from 2,438 in the plan year 2022 filing to 2,565 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 340438190 · Ohio Farmers Insurance Company PY 2023 · 401(k)

Westfield Employee Retirement Savings Plan · $462M · 2,565 · 97th

  • ASSETS $462M
  • PCT 2,565
  • EIN 97th
  • RANK 401(k)
  • PHOTO near Prevea Clinic, Inc. 401(k) and Retirement Plan
  • IND ind #8447

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 →

Westfield Employee Retirement Savings Plan in the asset neighbourhood

Symetra Financial Retirement Savings PlanSymetra Financial Retirement…$462MWestfield Employee Retirement Savings PlanWestfield Employee Retiremen…$462MPrevea Clinic, Inc. 401(k) and Retirement PlanPrevea Clinic, Inc. 401(k) a…$462MApogee Enterprises, Inc. 401(k) Retirement PlanApogee Enterprises, Inc. 401…$462MJeld-Wen 401(k) Retirement Savings PlanJeld-Wen 401(k) Retirement S…$462M
End-of-year total assets ($M) among Westfield Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$408M
Net Assets (End of Year)$462M
Net Income$71M
Employer EIN340438190
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ohio Farmers Insurance Company)

Sponsor-wide plan assets over time

All Ohio Farmers Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 13.195757015337575% vs 2022
2024 filing year
$1.05B$1.1B$1.15B$1.2B$1.25B$1.3B 202220232024 $1.1B $1.24B ▲ +12.7%
Year Plans Participants Total Assets
2022 2 4,634 $1.1B
2023 2 4,708 $1.2B
2024 2 4,752 $1.2B

Nearby 401(k) Plans in Ohio

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

Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Westfield Employee Retirement Savings Plan, Total assets ($B): 0.461654072 · Participants: 2565Westfield Employee Retirement Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Westfield Employee Retirement Savings Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Prevea Clinic, Inc. 401(k) and Retirement Plan in WI ($462M); by covered participants it is Armstrong 401(k) Plan in PA (2,565 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($462M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,565 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Westfield Employee Retirement Savings Plan assets move in 2023? ▼
Westfield Employee Retirement Savings Plan grew at a solid clip - up 13.2% during 2023, from $408M to $462M. Reported net income was $71M.
How have Ohio Farmers Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ohio Farmers Insurance Company's sponsor-wide assets grew 13.2%, from $1.1B to $1.2B.
Where does Westfield Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Westfield Employee Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Westfield Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Prevea Clinic, Inc. 401(k) and Retirement Plan in WI ($462M, 2,411 participants).
Which 401(k) plans cover a similar participant headcount to Westfield Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Armstrong 401(k) Plan in PA (2,565 participants, $147M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340438190.

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.