Defined Benefit (Pension) · DOL Form 5500 · 2023

The Western and Southern Life Insurance Company Pension Plan

Data updated 2026-08-11

$1.1B
Total assets
2,578
Participants
99th
Percentile by assets
$441,181
Avg per participant
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Official DOL plan name: Western & Southern Financial Group Pension Plan · Sponsored by The Western and Southern Life Insurance Company · Ohio · Finance & Insurance

$1.1B in assets, 2,578 participants

The Western and Southern Life Insurance Company's Western & Southern Financial Group Pension Plan reported $1.1B in total assets and 2,578 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,663 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Western & Southern Financial Group Pension Plan covers 2,578 participants in Ohio, 3.4x the typical Ohio plan (state average ~765 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY)
2,578
covered participants
99th
percentile by assets (of 127,072 plans)
$441,181
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Western & Southern Financial Group Pension Plan reported net income rose from -$214M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Western & Southern Financial Group Pension Plan reported participants fell from 2,799 in the plan year 2022 filing to 2,578 in the plan year 2023 filing.
  • Western & Southern Financial Group Pension Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Western & Southern Financial Group Pension Plan reports 2,578 participants - 3.4x that state average ($1.1B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income$43M
Employer EIN310487145
Plan Effective Date1938-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Western and Southern Life Insurance Company)

$1.4B$1.5B$1.6B$1.7B$1.8B$1.9B 202220232024 $1.49B $1.79B ▲ +20.1%
Total plan assets by year, all The Western and Southern Life Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 5,943 $1.5B
2023 2 5,590 $1.6B
2024 2 5,817 $1.8B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Western & Southern Financial Group Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Western & Southern Financial Group Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Western & Southern F…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Parker Defined Benef…Ohio Operating Engin…
Western & Southern Financial Group Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Western & Southern Financial Group Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Western & Southern Financial Group Pension Plan assets move in 2023?
Western & Southern Financial Group Pension Plan grew at a solid clip - up 6.2% during 2023, from $1.1B to $1.1B. Reported net income was $43M.
How have The Western and Southern Life Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Western and Southern Life Insurance Company's sponsor-wide assets grew 20.2%, from $1.5B to $1.8B.
Where does Western & Southern Financial Group Pension Plan rank by assets among Form 5500 filers?
Western & Southern Financial Group Pension Plan ranks in the 99th 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 Western & Southern Financial Group Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mufg Bank, Ltd. Retirement Plan in NY ($1.1B, 5,502 participants).

Next read for Western & Southern Financial Group Pensi…

Filing takeaways

Ways to act on Western & Southern Financial Group Pension Plan's numbers.

  • By total assets, Western & Southern Financial Group Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
  • The Western and Southern Life Insurance Company's sponsor-wide assets have grown 20.2% since 2022 across 3 plan years on file. More Finance & Insurance plans