Defined Benefit (Pension) · DOL Form 5500 · 2023

Horace Mann Service Corporation Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
112
Participants Small participant base
66th
Percentile by assets National rank
$124,310
Avg per participant Near avg balance/head
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Official DOL plan name: Horace Mann Pension Plan · Sponsored by Horace Mann Service Corporation · Illinois · Finance & Insurance

$14M in assets, 112 participants

Horace Mann Service Corporation's Horace Mann Pension Plan reported $14M in total assets and 112 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,505 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Horace Mann Pension Plan covers 112 participants in Illinois, about 14% of the average Illinois filer (state average ~779 per filing). Assets: $14M.

#4,505
in Finance & Insurance (8,869 peers)
+2.5%
assets growth YoY

Horace Mann Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Horace Mann Pension Plan vs every filed plan by assets

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

$13,922,700 Top 34% higher than 66% 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

Horace Mann Pension 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. Horace Mann Pension Plan sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Horace Mann Pension Plan reported net income rose from -$6M in the plan year 2022 filing to $408K in the plan year 2023 filing.
  • Horace Mann Pension Plan reported participants fell from 120 in the plan year 2022 filing to 112 in the plan year 2023 filing.
  • Horace Mann Pension Plan end-of-year assets rose from $14M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 370972590 · Horace Mann Service Corporation PY 2023 · Defined Benefit (Pension)

Horace Mann Pension Plan · $14M · 112 · 66th

  • EOY $14M
  • EOY 112
  • EOY 66th
  • EOY Defined Benefit (Pension)
  • EOY near D.F. King & Co., Inc. Pension Plan
  • EOY ind #4505

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 Illinois →

Horace Mann Pension Plan in the asset neighbourhood

Defined Benefit Pension Plan for Classified Salaried Employees of Truck-Lite Co., LLCDefined Benefit Pension Plan…$14MHorace Mann Pension Plan$14MD.F. King & Co., Inc. Pension PlanD.F. King & Co., Inc. Pensio…$14MRetirement Plan for Employees of Bristol Babcock Inc United Steelworks of America Local 895lRetirement Plan for Employee…$14MRetirement Plan for Employees of Auxiliary Services, State University College at Oswego, Inc.Retirement Plan for Employee…$14M
End-of-year total assets ($M) among Horace Mann Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$14M
Net Income$408K
Employer EIN370972590
Plan Effective Date1989-08-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Horace Mann Service Corporation)

Sponsor-wide plan assets over time

All Horace Mann Service Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$279M 26.563049127778598% vs 2022
2024 filing year
$200M$220M$240M$260M$280M$300M 202220232024 $220M $279M ▲ +26.6%
Year Plans Participants Total Assets
2022 2 120 $220M
2023 2 112 $260M
2024 2 103 $279M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Horace Mann Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Horace Mann Pension Plan, Total assets ($B): 0.0139227 · Participants: 112Horace Mann Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Horace Mann Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest Defined Benefit (Pension) by assets is D.F. King & Co., Inc. Pension Plan in NY ($14M); by covered participants it is Weil, Gotshal & Manges Partners' Variable Defined Benefit Plan in NY (112 participants). Same-state nearby plans are listed separately above.

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 Horace Mann Pension Plan assets move in 2023?
Horace Mann Pension Plan edged up modestly - up 2.5% during 2023, from $14M to $14M. Reported net income was $408K.
How have Horace Mann Service Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Horace Mann Service Corporation's sponsor-wide assets grew 26.6%, from $220M to $279M.
Which Defined Benefit (Pension) plans are similar in size to Horace Mann Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is D.F. King & Co., Inc. Pension Plan in NY ($14M, 18 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Horace Mann Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Weil, Gotshal & Manges Partners' Variable Defined Benefit Plan in NY (112 participants, $28M in assets).