Defined Benefit (Pension) · DOL Form 5500 · 2024

Aflac Incorporated Pension Plan

Data updated 2026-07-24

$440M
Total assets
2,139
Participants
97th
Percentile by assets
$205,848
Avg per participant
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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.

  • 97th percentile by assets (of 116,472 plans)

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.

$440M
total plan assets (2024 EOY)
2,139
covered participants
97th
percentile by assets (of 116,472 plans)
$205,848
avg assets per participant

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.

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 →

State

Aflac Incorporated Pension Plan vs the 2024 asset distribution

By assets, Aflac Incorporated Pension Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.4x the national average plan size of $100M (730 average participants).

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)

$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.37B $1.51B ▲ +10.2%
Total plan assets by year, all Aflac Incorporated plans on file
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

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 P…UPS Retirement PlanThe Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanDelta Retirement Plan
Aflac Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Aflac Incorporated Pension Plan by total assets, not by location.

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 116,472 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).

Next read for Aflac Incorporated Pension Plan

Scale reading

Ways to act on Aflac Incorporated Pension 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 581167100.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.