Defined Benefit (Pension) · DOL Form 5500 · 2023

Aflac Incorporated Pension Plan

Data updated 2026-08-25

$650M
Total assets Above avg plan size
2,206
Participants Above avg headcount
98th
Percentile by assets National rank
$294,681
Avg per participant High balance/head
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Official DOL plan name: Aflac Incorporated Pension Plan · Sponsored by Aflac Incorporated · Georgia · Finance & Insurance

$650M in assets, 2,206 participants

Aflac Incorporated's Aflac Incorporated Pension Plan reported $650M in total assets and 2,206 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,542 in Finance & Insurance (8,869 peers)

Coverage in Georgia

Aflac Incorporated Pension Plan covers 2,206 participants in Georgia, 2.0x the typical Georgia plan (state average ~1,096 per filing). Assets: $650M.

#8,542
in Finance & Insurance (8,869 peers)
-1.3%
assets change YoY
6.5×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Aflac Incorporated Pension Plan's outsized position by total assets

Aflac Incorporated Pension Plan vs every filed plan by assets

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

$650,065,539 Top 2% higher than 98% 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

Aflac Incorporated Pension 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. Aflac Incorporated Pension Plan lands in the large band (2,206 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aflac Incorporated Pension Plan reported net income rose from -$226M in the plan year 2022 filing to -$9M in the plan year 2023 filing.
  • Aflac Incorporated Pension Plan reported participants fell from 2,337 in the plan year 2022 filing to 2,206 in the plan year 2023 filing.
  • Aflac Incorporated Pension Plan end-of-year assets fell from $659M in the plan year 2022 filing to $650M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 581167100 · Aflac Incorporated PY 2023 · Defined Benefit (Pension)

Aflac Incorporated Pension Plan · $650M · 2,206 · 98th

  • EIN $650M
  • EIN 2,206
  • EIN 98th
  • EIN Defined Benefit (Pension)
  • EIN near Fox Valley and Vicinity Laborers Pension Fund
  • EIN ind #8542

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 Georgia →

Aflac Incorporated Pension Plan in the asset neighbourhood

Legacy Allergan, Inc. Pension PlanLegacy Allergan, Inc. Pensio…$653MFox Valley and Vicinity Laborers Pension FundFox Valley and Vicinity Labo…$652MAflac Incorporated Pension PlanAflac Incorporated Pension P…$650MNorthwestern Memorial Hospital Employees' Pension PlanNorthwestern Memorial Hospit…$648MScana Corporation Retirement PlanScana Corporation Retirement…$647M
End-of-year total assets ($M) among Aflac Incorporated Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$659M
Net Assets (End of Year)$650M
Net Income-$9M
Employer EIN581167100
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aflac Incorporated)

Sponsor-wide plan assets over time

All Aflac Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 9.524245547058625% vs 2022
2024 filing year
$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.37B $1.51B ▲ +10.2%
Year Plans Participants Total Assets
2022 2 8,117 $1.4B
2023 2 7,871 $1.5B
2024 2 7,832 $1.5B

Nearby Defined Benefit (Pension) Plans in Georgia

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

Aflac Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Aflac Incorporated Pension Plan, Total assets ($B): 0.650065539 · Participants: 2206Aflac Incorporated Pension PlanThe Southern Company Pension Plan, Total assets ($B): 15.596954837 · Participants: 25241The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.285105757 · Participants: 70241UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.733665646 · Participants: 153217UPS Pension PlanCox Enterprises, Inc. Pension Plan, Total assets ($B): 7.396009274 · Participants: 24023Cox Enterprises, Inc. Pension PlanDelta Retirement Plan, Total assets ($B): 7.309889555 · Participants: 15601Delta Retirement Plan
Aflac Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Aflac Incorporated Pension Plan side-by-side with 3 peers →

Aflac Incorporated Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Fox Valley and Vicinity Laborers Pension Fund in IL ($652M); by covered participants it is Iuoe Local 30 Pension Fund in NY (2,205 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($650M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,206 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 Aflac Incorporated Pension Plan assets move in 2023? ▼
Aflac Incorporated Pension Plan edged down modestly - down 1.3% during 2023, from $659M to $650M. Reported net income was -$9M.
How have Aflac Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aflac Incorporated's sponsor-wide assets grew 9.5%, from $1.4B to $1.5B.
Where does Aflac Incorporated Pension Plan rank by assets among Form 5500 filers? ▼
Aflac Incorporated Pension Plan ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Aflac Incorporated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Fox Valley and Vicinity Laborers Pension Fund in IL ($652M, 1,710 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Aflac Incorporated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iuoe Local 30 Pension Fund in NY (2,205 participants, $331M 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 581167100.

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.