401(k) · DOL Form 5500 · 2024

National Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$335M
Total assets Above avg plan size
1,397
Participants Near avg headcount
96th
Percentile by assets National rank
$240,019
Avg per participant Above avg balance/head
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Official DOL plan name: National Life Group 401(k) Plan · Sponsored by National Life Insurance Company · Vermont · Finance & Insurance

$335M in assets, 1,397 participants

National Life Insurance Company's National Life Group 401(k) Plan reported $335M in total assets and 1,397 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.

  • #7,991 in Finance & Insurance (8,549 peers)

Coverage in Vermont

National Life Group 401(k) Plan covers 1,397 participants in Vermont, 5.7x the typical Vermont plan (state average ~245 per filing). Assets: $335M.

#7,991
in Finance & Insurance (8,549 peers)
+12.7%
assets growth YoY
3.4×
vs typical plan assets (national mean)

National Life Group 401(k) Plan's outsized position by total assets

National Life Group 401(k) Plan vs every filed plan by assets

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

$335,306,385 Top 4% higher than 96% 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

National Life Group 401(k) 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. National Life Group 401(k) Plan lands in the large band (1,397 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • National Life Group 401(k) Plan reported participants rose from 1,219 in the plan year 2023 filing to 1,397 in the plan year 2024 filing.
  • National Life Group 401(k) Plan end-of-year assets rose from $298M in the plan year 2023 filing to $335M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 030144090 · National Life Insurance Company PY 2024 · 401(k)

National Life Group 401(k) Plan · $335M · 1,397 · 96th

  • EBSA $335M
  • PART 1,397
  • TYPE 96th
  • NET 401(k)
  • BOOK near The Smithgroup Retirement Accumulation Plan
  • VS-ST ind #7991

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 Vermont →

National Life Group 401(k) Plan in the asset neighbourhood

Follett Retirement Savings PlanFollett Retirement Savings P…$335MNational Life Group 401(k) PlanNational Life Group 401(k) P…$335MThe Smithgroup Retirement Accumulation PlanThe Smithgroup Retirement Ac…$335MCgb Enterprises, Inc. 401(k) Retirement Savings PlanCgb Enterprises, Inc. 401(k)…$335MOnity Group Inc. 401(k) Savings PlanOnity Group Inc. 401(k) Savi…$335M
End-of-year total assets ($M) among National Life Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Vermont filing particulars

Total Assets (Beginning of Year)$298M
Net Assets (End of Year)$335M
Net Income$38M
Employer EIN030144090
Plan Effective Date1979-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Life Insurance Company)

Sponsor-wide plan assets over time

All National Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$401M 21.617216651171475% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $330M $401M ▲ +21.6%
Year Plans Participants Total Assets
2022 3 1,858 $330M
2023 3 1,936 $359M
2024 2 2,088 $401M

Nearby 401(k) Plans in Vermont

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

National Life Group 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.522.5 Total assets ($B) Participants National Life Group 401(k) Plan, Total assets ($B): 0.335306385 · Participants: 1397National Life Group 401(k) PlanThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 2.219723296 · Participants: 12486The University of Vermont Medical Center 403(b) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.243285831 · Participants: 520Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.175195216 · Participants: 534Husky Retirement SavingsCasella Waste Systems 401(k) Plan, Total assets ($B): 0.160906631 · Participants: 3488Casella Waste Systems 401(k) PlanIncentive Retirement Plan for Employees of PC Construction Company, Total assets ($B): 0.159995039 · Participants: 461Incentive Retirement Plan for Employees of PC Construction Company
National Life Group 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants
Compare National Life Group 401(k) Plan side-by-side with 3 peers →

National Life Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is The Smithgroup Retirement Accumulation Plan in MI ($335M); by covered participants it is Restaurant Technologies, Inc. & Subsidiaries 401(k) Plan in MN (1,397 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($335M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,397 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 National Life Group 401(k) Plan assets move in 2024? ▼
National Life Group 401(k) Plan grew at a solid clip - up 12.7% during 2024, from $298M to $335M. Reported net income was $38M.
How have National Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Life Insurance Company's sponsor-wide assets grew 21.6%, from $330M to $401M.
Where does National Life Group 401(k) Plan rank by assets among Form 5500 filers? ▼
National Life Group 401(k) Plan 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 401(k) plans are similar in size to National Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Smithgroup Retirement Accumulation Plan in MI ($335M, 1,423 participants).
Which 401(k) plans cover a similar participant headcount to National Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Restaurant Technologies, Inc. & Subsidiaries 401(k) Plan in MN (1,397 participants, $70M 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 030144090.

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.