Defined Benefit (Pension) · DOL Form 5500 · 2024

Nlv Financial Corporation Pension Plan

Data updated 2026-08-11

$309M
Total assets
726
Participants
96th
Percentile by assets
$425,590
Avg per participant
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Official DOL plan name: National Life Group Pension Plan for Employees · Sponsored by Nlv Financial Corporation · Vermont · Management of Enterprises

$309M in assets, 726 participants

Nlv Financial Corporation's National Life Group Pension Plan for Employees reported $309M in total assets and 726 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #992 in Management of Enterprises (1,133 peers)

Coverage in Vermont

National Life Group Pension Plan for Employees covers 726 participants in Vermont, 3.0x the typical Vermont plan (state average ~245 per filing). Assets: $309M.

$309M
total plan assets (2024 EOY)
726
covered participants
96th
percentile by assets (of 123,622 plans)
$425,590
avg assets per participant

The plan reported a net loss of $14M 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

  • National Life Group Pension Plan for Employees reported net income fell from $13M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
  • National Life Group Pension Plan for Employees reported participants fell from 789 in the plan year 2023 filing to 726 in the plan year 2024 filing.
  • National Life Group Pension Plan for Employees end-of-year assets fell from $323M in the plan year 2023 filing to $309M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Vermont filers

In Vermont, the average filing covers about 245 participants across 327 plans. National Life Group Pension Plan for Employees reports 726 participants - 3.0x that state average ($309M EOY assets).

Vermont filing particulars

Total Assets (Beginning of Year)$323M
Net Assets (End of Year)$309M
Net Income-$14M
Employer EIN030359222
Plan Effective Date1938-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nlv Financial Corporation)

$305M$310M$315M$320M$325M 202220232024 $310M $309M ▼ -0.2%
Total plan assets by year, all Nlv Financial Corporation plans on file
Year Plans Participants Total Assets
2022 1 856 $310M
2023 1 789 $323M
2024 1 726 $309M

Nearby Defined Benefit (Pension) Plans in Vermont

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

National Life Group Pension Plan for Employees vs. nearby Defined Benefit (Pension) plans in Vermont, assets vs. participants

National Life Group Pension Plan for Employees vs. nearby Defined Benefit (Pension) plans in Vermont, assets vs. participants Scatter plot of 6 data points. 0200400600800 0100200300400 Total assets ($M) Participants National Life Group …Employees' Retiremen…Non-Contributory Ret…Vermont Mutual Insur…Vermont Electric Pow…Heritage Family Fede…
National Life Group Pension Plan for Employees vs. nearby Defined Benefit (Pension) plans in Vermont, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to National Life Group Pension Plan for Employees by total assets, not by location.

Frequently Asked Questions

How did National Life Group Pension Plan for Employees assets move in 2024?
National Life Group Pension Plan for Employees edged down modestly - down 4.3% during 2024, from $323M to $309M. Reported net income was -$14M.
How have Nlv Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Nlv Financial Corporation's sponsor-wide assets declined 0.2%, from $310M to $309M.
Where does National Life Group Pension Plan for Employees rank by assets among Form 5500 filers?
National Life Group Pension Plan for Employees ranks in the 96th 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 National Life Group Pension Plan for Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Akin Gump Strauss Hauer & Feld Partners' Retirement Plan in TX ($309M, 291 participants).

Next read for National Life Group Pension Plan for Emp…

Filing takeaways

Ways to act on National Life Group Pension Plan for Employees's numbers.