401(k) · DOL Form 5500 · 2024

Ohio Farmers Insurance Company 401(k) Plan

Data updated 2026-08-11

$516M
Total assets
2,505
Participants
97th
Percentile by assets
$205,798
Avg per participant
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Official DOL plan name: Westfield Employee Retirement Savings Plan · Sponsored by Ohio Farmers Insurance Company · Ohio · Finance & Insurance

$516M in assets, 2,505 participants

Ohio Farmers Insurance Company's Westfield Employee Retirement Savings Plan reported $516M in total assets and 2,505 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #8,136 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Westfield Employee Retirement Savings Plan covers 2,505 participants in Ohio, 3.3x the typical Ohio plan (state average ~765 per filing). Assets: $516M.

$516M
total plan assets (2024 EOY)
2,505
covered participants
97th
percentile by assets (of 123,622 plans)
$205,798
avg assets per participant

Where Westfield Employee Retirement Savings Plan sits by total assets

Westfield Employee Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$515,523,711 Top 3% higher than 97% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Westfield Employee Retirement Savings Plan reported net income fell from $71M in the plan year 2023 filing to $54M in the plan year 2024 filing.
  • Westfield Employee Retirement Savings Plan end-of-year assets rose from $462M in the plan year 2023 filing to $516M in the plan year 2024 filing.
  • Westfield Employee Retirement Savings Plan reported participants fell from 2,565 in the plan year 2023 filing to 2,505 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Ohio
Industry
Finance & Insurance

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Westfield Employee Retirement Savings Plan reports 2,505 participants - 3.3x that state average ($516M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$462M
Net Assets (End of Year)$516M
Net Income$54M
Employer EIN340438190
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ohio Farmers Insurance Company)

$1.05B$1.1B$1.15B$1.2B$1.25B$1.3B 202220232024 $1.1B $1.24B ▲ +12.7%
Total plan assets by year, all Ohio Farmers Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 4,634 $1.1B
2023 2 4,708 $1.2B
2024 2 4,752 $1.2B

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Westfield Employee R…, Total assets ($B): 0.515523711 · Participants: 2505Westfield Employee R…GE Aerospace Retirem…, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirem…The Kroger Co. 401(k…, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k…The Progressive 401(…, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(…The Sherwin-Williams…, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams…Parker Retirement Sa…, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Sa…
Westfield Employee Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Westfield Employee Retirement Savings Pl… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Westfield Employee Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Westfield Employee Retirement Savings Plan assets move in 2024? ▼
Westfield Employee Retirement Savings Plan grew at a solid clip - up 11.7% during 2024, from $462M to $516M. Reported net income was $54M.
How have Ohio Farmers Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ohio Farmers Insurance Company's sponsor-wide assets grew 13.2%, from $1.1B to $1.2B.
Where does Westfield Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Westfield Employee Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Westfield Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mutual of Omaha 401(k) Long-Term Savings Plan in NE ($516M, 335 participants).

Next read for Westfield Employee Retirement Savings Pl…

Filing takeaways

Ways to act on Westfield Employee Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340438190.

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.