Defined Benefit (Pension) · DOL Form 5500 · 2023

National Federation of Independent Business, Inc. Pension Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
108
Participants Small participant base
81st
Percentile by assets National rank
$313,032
Avg per participant High balance/head
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Official DOL plan name: National Federation of Independent Business Retirement Plan · Sponsored by National Federation of Independent Business, Inc. · Tennessee · Other Services

$34M in assets, 108 participants

National Federation of Independent Business, Inc.'s National Federation of Independent Business Retirement Plan reported $34M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,124 in Other Services (7,857 peers)

Coverage in Tennessee

National Federation of Independent Business Retirement Plan covers 108 participants in Tennessee, about 10% of the average Tennessee filer (state average ~1,126 per filing). Assets: $34M.

#7,124
in Other Services (7,857 peers)
-55.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

National Federation of Independent Business Retirement Plan's outsized position by total assets

National Federation of Independent Business Retirement Plan vs every filed plan by assets

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

$33,807,504 Top 19% higher than 81% 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

National Federation of Independent Business Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Federation of Independent Business Retirement Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Federation of Independent Business Retirement Plan reported net income fell from -$18M in the plan year 2022 filing to -$42M in the plan year 2023 filing.
  • National Federation of Independent Business Retirement Plan end-of-year assets fell from $76M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • National Federation of Independent Business Retirement Plan reported participants fell from 126 in the plan year 2022 filing to 108 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 940707299 · National Federation of Independent Business, Inc. PY 2023 · Defined Benefit (Pension)

National Federation of Independent Business Retirement Plan · $34M · 108 · 81st

  • SCH $34M
  • SCH 108
  • SCH 81st
  • SCH Defined Benefit (Pension)
  • SCH near The Holland Group Retirement Income Plan
  • SCH ind #7124

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 Other Services retirement plans → · Plans in Tennessee →

National Federation of Independent Business Retirement Plan in the asset neighbourhood

Newsguild of New York Consumer Reports Pension PlaNewsguild of New York Consum…$34MMoneygram Pension Plan$34MPension Plan for Employees of the Charles Stewart Mott FoundationPension Plan for Employees o…$34MNational Federation of Independent Business Retirement PlanNational Federation of Indep…$34MThe Holland Group Retirement Income PlanThe Holland Group Retirement…$34M
End-of-year total assets ($M) among National Federation of Independent Business Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$34M
Net Income-$42M
Employer EIN940707299
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Federation of Independent Business, Inc.)

Sponsor-wide plan assets over time

All National Federation of Independent Business, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$113M 29.609708756247056% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $161M $113M ▼ -29.6%
Year Plans Participants Total Assets
2022 2 696 $161M
2023 2 688 $136M
2024 2 598 $113M

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

National Federation of Independent Business Retirement Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants National Federation of Independent Business Retirement Plan, Total assets ($B): 0.033807504 · Participants: 108National Federation of Independent Business Retirement PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
National Federation of Independent Business Retirement Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

National Federation of Independent Business Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is The Holland Group Retirement Income Plan in MI ($34M); by covered participants it is Southern Connecticut Vascular Center Cash Balance Plan in CT (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 National Federation of Independent Business Retirement Plan assets move in 2023?
National Federation of Independent Business Retirement Plan contracted severely - down 55.5% during 2023, from $76M to $34M. Reported net income was -$42M.
How have National Federation of Independent Business, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), National Federation of Independent Business, Inc.'s sponsor-wide assets declined 29.6%, from $161M to $113M.
Where does National Federation of Independent Business Retirement Plan rank by assets among Form 5500 filers?
National Federation of Independent Business Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to National Federation of Independent Business Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Holland Group Retirement Income Plan in MI ($34M, 60 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to National Federation of Independent Business Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Southern Connecticut Vascular Center Cash Balance Plan in CT (108 participants, N/A in assets).