Defined Benefit (Pension) · DOL Form 5500 · 2023

Aflac Incorporated Pension Plan

Data updated 2026-08-11

$650M
Total assets
2,206
Participants
98th
Percentile by assets
$294,681
Avg per participant
PlainRetire home → About this data

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.

  • 98th percentile by assets (of 127,072 plans)
  • #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.

$650M
total plan assets (2023 EOY)
2,206
covered participants
98th
percentile by assets (of 127,072 plans)
$294,681
avg assets per participant

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.

Where Aflac Incorporated Pension Plan sits 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 $2,010,000,000 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

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 →

State
Georgia
Industry
Finance & Insurance

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Aflac Incorporated Pension Plan reports 2,206 participants - 2.0x that state average ($650M EOY assets).

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)

$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.37B $1.51B ▲ +10.2%
Total plan assets by year, all Aflac Incorporated plans on file
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

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 P…The Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanCox Enterprises, Inc…Delta 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 →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Aflac Incorporated Pension Plan by total assets, not by location.

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).

Next read for Aflac Incorporated Pension Plan

Filing takeaways

Ways to act on Aflac Incorporated Pension Plan's numbers.

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.