Defined Benefit (Pension) · DOL Form 5500 · 2024

Horace Mann Service Corporation Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
103
Participants Small participant base
61st
Percentile by assets National rank
$126,500
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

$13M in assets, 103 participants

Horace Mann Service Corporation's Horace Mann Pension Plan reported $13M in total assets and 103 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,884 in Finance & Insurance (8,549 peers)

Coverage in Illinois

Horace Mann Pension Plan covers 103 participants in Illinois, about 13% of the average Illinois filer (state average ~779 per filing). Assets: $13M.

#3,884
in Finance & Insurance (8,549 peers)
-6.4%
assets change YoY

The plan reported a net loss of $849K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$13,029,549 Top 39% higher than 61% 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

Horace Mann Pension Plan among mid-size filed plans by headcount

Plan-year 2024 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 (103 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Horace Mann Pension Plan reported net income fell from $408K in the plan year 2023 filing to -$849K in the plan year 2024 filing.
  • Horace Mann Pension Plan reported participants fell from 112 in the plan year 2023 filing to 103 in the plan year 2024 filing.
  • Horace Mann Pension Plan end-of-year assets fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 370972590 · Horace Mann Service Corporation PY 2024 · Defined Benefit (Pension)

Horace Mann Pension Plan · $13M · 103 · 61st

  • 5500 $13M
  • ASSETS 103
  • PCT 61st
  • EIN Defined Benefit (Pension)
  • RANK near Shenango Incorporated Pension Plan
  • PHOTO ind #3884

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

Profusion Industries Marietta Plant Pension PlanProfusion Industries Mariett…$13MLocal 868 I. B. of T. Pension FundLocal 868 I. B. of T. Pensio…$13MDairy Employees Union Local 17 Pension PlanDairy Employees Union Local …$13MHorace Mann Pension Plan$13MShenango Incorporated Pension PlanShenango Incorporated Pensio…$13M
End-of-year total assets ($M) among Horace Mann Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$849K
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. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Horace Mann Pension Plan, Total assets ($B): 0.013029549 · Participants: 103Horace Mann Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
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 Shenango Incorporated Pension Plan in MI ($13M); by covered participants it is The Steel Improvement Boilermakers & Blacksmiths Pension Plan in OH (103 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Horace Mann Pension Plan assets move in 2024?
Horace Mann Pension Plan pulled back noticeably - down 6.4% during 2024, from $14M to $13M. Reported net income was -$849K.
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 Shenango Incorporated Pension Plan in MI ($13M, N/A 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 The Steel Improvement Boilermakers & Blacksmiths Pension Plan in OH (103 participants, $5M in assets).