Defined Benefit (Pension) · DOL Form 5500 · 2023

Nationwide Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$5.3B
Total assets Very large vs avg
22,311
Participants Very large workforce
100th
Percentile by assets National rank
$236,702
Avg per participant Above avg balance/head
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Official DOL plan name: Nationwide Retirement Plan · Sponsored by Nationwide Mutual Insurance Company · Ohio · Finance & Insurance

$5.3B in assets, 22,311 participants

Nationwide Mutual Insurance Company's Nationwide Retirement Plan reported $5.3B in total assets and 22,311 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,826 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Nationwide Retirement Plan covers 22,311 participants in Ohio, 29x the typical Ohio plan (state average ~765 per filing). Assets: $5.3B.

#8,826
in Finance & Insurance (8,869 peers)
+5.3%
assets growth YoY
53×
vs typical plan assets (national mean)

Nationwide Retirement Plan's outsized position by total assets

Nationwide Retirement Plan vs every filed plan by assets

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

$5,281,060,445 Highest reported value at or above every one 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

Nationwide Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nationwide Retirement Plan is a mega filing (22,311 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nationwide Retirement Plan reported net income rose from -$1.9B in the plan year 2022 filing to $342M in the plan year 2023 filing.
  • Nationwide Retirement Plan end-of-year assets rose from $5.0B in the plan year 2022 filing to $5.3B in the plan year 2023 filing.
  • Nationwide Retirement Plan reported participants fell from 22,597 in the plan year 2022 filing to 22,311 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 314177100 · Nationwide Mutual Insurance Company PY 2023 · Defined Benefit (Pension)

Nationwide Retirement Plan · $5.3B · 22,311 · 100th

  • PCT $5.3B
  • EIN 22,311
  • RANK 100th
  • PHOTO Defined Benefit (Pension)
  • IND near Mid-America Carpenters Regional Council Pension Fund
  • EOY ind #8826

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 →

Nationwide Retirement Plan in the asset neighbourhood

U. S. Retirement Plan$5.3BNationwide Retirement Plan$5.3BMid-America Carpenters Regional Council Pension FundMid-America Carpenters Regio…$5.3BThe Bank of New York Mellon Corporation Pension PlanThe Bank of New York Mellon …$5.3BTextron Master Retirement PlanTextron Master Retirement Pl…$5.2B
End-of-year total assets ($B) among Nationwide Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$5.0B
Net Assets (End of Year)$5.3B
Net Income$342M
Employer EIN314177100
Plan Effective Date1946-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nationwide Mutual Insurance Company)

Sponsor-wide plan assets over time

All Nationwide Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$12.7B 7.918645211164978% vs 2022
2024 filing year
$11.5B$12B$12.5B$13B$13.5B 202220232024 $11.8B $12.7B ▲ +8.0%
Year Plans Participants Total Assets
2022 2 46,875 $11.8B
2023 2 47,026 $12.9B
2024 3 47,435 $12.7B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Nationwide Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 2345678 Total assets ($B) Participants Nationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.691611293 · Participants: 14152Laborers District Council & Contractors Pension Fund of Ohio
Nationwide Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Nationwide Retirement Plan side-by-side with 3 peers →

Scale composition for Nationwide Retirement Plan

Nationwide Retirement Plan reports $5.3B in end-of-year assets across 22,311 participants (0.043% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.024% of 93,925,755 covered participants) - about $236,702 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $342M.

This plan identity (EIN 314177100, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $908M (-81.9%) while covered participants moved from 22,597 to 18,007 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,597 $5.0B Open filing
2023 22,311 $5.3B This page
2024 · index core 18,007 $908M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Mid-America Carpenters Regional Council Pension Fund in IL ($5.3B); by covered participants it is Exxonmobil Pension Plan in TX (22,551 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (22,311 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 Nationwide Retirement Plan assets move in 2023? ▼
Nationwide Retirement Plan grew at a solid clip - up 5.3% during 2023, from $5.0B to $5.3B. Reported net income was $342M.
How have Nationwide Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nationwide Mutual Insurance Company's sponsor-wide assets grew 7.9%, from $11.8B to $12.7B.
Where does Nationwide Retirement Plan rank by assets among Form 5500 filers? ▼
Nationwide Retirement Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Nationwide Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mid-America Carpenters Regional Council Pension Fund in IL ($5.3B, 10,863 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nationwide Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Exxonmobil Pension Plan in TX (22,551 participants, $12.0B 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 314177100.

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.