Defined Benefit (Pension) · DOL Form 5500 · 2024

Aflac Incorporated Pension Plan

Data updated 2026-08-25

$440M
Total assets Above avg plan size
2,139
Participants Near avg headcount
97th
Percentile by assets National rank
$205,848
Avg per participant Above avg balance/head
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Official DOL plan name: Aflac Incorporated Pension Plan · Sponsored by Aflac Incorporated · Georgia · Finance & Insurance

$440M in assets, 2,139 participants

Aflac Incorporated's Aflac Incorporated Pension Plan reported $440M in total assets and 2,139 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.

  • #8,079 in Finance & Insurance (8,549 peers)

Where Aflac Incorporated Pension Plan sits by assets

Aflac Incorporated Pension Plan sits in the top 5% of all filed plans by assets, $440M for 2,139 participants (~$205,848/participant), down 32.3% in 2024.

#8,079
in Finance & Insurance (8,549 peers)
-32.3%
assets change YoY
4.4×
vs typical plan assets (national mean)

The plan reported a net loss of $210M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Aflac Incorporated Pension Plan's outsized position by total assets

Aflac Incorporated Pension Plan vs every filed plan by assets

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

$440,309,725 Top 3% higher than 97% of 123,620 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 2024

Aflac Incorporated Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Aflac Incorporated Pension Plan lands in the large band (2,139 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Aflac Incorporated Pension Plan reported net income fell from -$9M in the plan year 2023 filing to -$210M in the plan year 2024 filing.
  • Aflac Incorporated Pension Plan end-of-year assets fell from $650M in the plan year 2023 filing to $440M in the plan year 2024 filing.
  • Aflac Incorporated Pension Plan reported participants fell from 2,206 in the plan year 2023 filing to 2,139 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 581167100 · Aflac Incorporated PY 2024 · Defined Benefit (Pension)

Aflac Incorporated Pension Plan · $440M · 2,139 · 97th

  • PHOTO $440M
  • IND 2,139
  • EOY 97th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Abbvie Pension Plan for Former Basf and Former Solvay Employees
  • PCT ind #8079

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 Georgia →

Aflac Incorporated Pension Plan in the asset neighbourhood

Retirement Plan for Employees of Ben E. Keith Company and Its AffiliatesRetirement Plan for Employee…$442MAshland Hercules Pension Plan IIAshland Hercules Pension Pla…$441MAflac Incorporated Pension PlanAflac Incorporated Pension P…$440MAbbvie Pension Plan for Former Basf and Former Solvay EmployeesAbbvie Pension Plan for Form…$440MCambia Health Solutions Retirement PlanCambia Health Solutions Reti…$438M
End-of-year total assets ($M) among Aflac Incorporated Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$650M
Net Assets (End of Year)$440M
Net Income-$210M
Employer EIN581167100
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aflac Incorporated)

Sponsor-wide plan assets over time

All Aflac Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 9.524245547058625% vs 2022
2024 filing year
$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.37B $1.51B ▲ +10.2%
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 Scatter plot of 6 data points. -50000050000100000150000200000 -50510152025 Total assets ($B) Participants Aflac Incorporated Pension Plan, Total assets ($B): 0.440309725 · Participants: 2139Aflac Incorporated Pension PlanUPS Retirement Plan, Total assets ($B): 21.2364871 · Participants: 43465UPS Retirement PlanThe Southern Company Pension Plan, Total assets ($B): 15.319238036 · Participants: 25843The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.219463258 · Participants: 69627UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.280234765 · Participants: 157587UPS Pension PlanDelta Retirement Plan, Total assets ($B): 7.253434311 · Participants: 15222Delta 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 →

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

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Abbvie Pension Plan for Former Basf and Former Solvay Employees in IL ($440M); by covered participants it is Federal-Mogul Pension Plan in MI (2,139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,139 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Aflac Incorporated Pension Plan assets move in 2024? ▼
Aflac Incorporated Pension Plan contracted severely - down 32.3% during 2024, from $650M to $440M. Reported net income was -$210M.
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 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 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 Abbvie Pension Plan for Former Basf and Former Solvay Employees in IL ($440M, 429 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Aflac Incorporated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Federal-Mogul Pension Plan in MI (2,139 participants, $500M in assets).

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 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.