Defined Benefit (Pension) · DOL Form 5500 · 2024

Nationwide Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$908M
Total assets Above avg plan size
18,007
Participants Very large workforce
98th
Percentile by assets National rank
$50,438
Avg per participant Low balance/head
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Official DOL plan name: Nationwide Retirement Plan - Account Balance · Sponsored by Nationwide Mutual Insurance Company · Ohio · Finance & Insurance

$908M in assets, 18,007 participants

Nationwide Mutual Insurance Company's Nationwide Retirement Plan - Account Balance reported $908M in total assets and 18,007 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,275 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Nationwide Retirement Plan - Account Balance covers 18,007 participants in Ohio, 24x the typical Ohio plan (state average ~765 per filing). Assets: $908M.

#8,275
in Finance & Insurance (8,549 peers)
-82.8%
assets change YoY
9.1×
vs typical plan assets (national mean)

Nationwide Retirement Plan - Account Balance's outsized position by total assets

Nationwide Retirement Plan - Account Balance vs every filed plan by assets

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

$908,241,919 Top 2% higher than 98% 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

Nationwide Retirement Plan - Account Balance's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nationwide Retirement Plan - Account Balance is a mega filing (18,007 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nationwide Retirement Plan - Account Balance end-of-year assets fell from $5.3B in the plan year 2023 filing to $908M in the plan year 2024 filing.
  • Nationwide Retirement Plan - Account Balance reported net income fell from $342M in the plan year 2023 filing to $108M in the plan year 2024 filing.
  • Nationwide Retirement Plan - Account Balance reported participants fell from 22,311 in the plan year 2023 filing to 18,007 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 314177100 · Nationwide Mutual Insurance Company PY 2024 · Defined Benefit (Pension)

Nationwide Retirement Plan - Account Balance · $908M · 18,007 · 98th

  • TYPE $908M
  • TYPE 18,007
  • TYPE 98th
  • TYPE Defined Benefit (Pension)
  • TYPE near Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units
  • TYPE ind #8275

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 Ohio →

Nationwide Retirement Plan - Account Balance in the asset neighbourhood

Advance Pension Plan$911MEmployees' Retirement Plan of the National Education AssociationEmployees' Retirement Plan o…$910MNationwide Retirement Plan - Account BalanceNationwide Retirement Plan -…$908MLockheed Martin Corporation Pension Plan for Employees in Participating Bargaining UnitsLockheed Martin Corporation …$908MVf Corporation Pension Plan$906M
End-of-year total assets ($M) among Nationwide Retirement Plan - Account Balance and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$5.3B
Net Assets (End of Year)$908M
Net Income$108M
Employer EIN314177100
Plan Effective Date1946-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nationwide Mutual Insurance Company)

Sponsor-wide plan assets over time

All Nationwide Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$12.7B 7.918645211164978% vs 2022
2024 filing year
$11.5B$12B$12.5B$13B$13.5B 202220232024 $11.8B $12.7B ▲ +8.0%
Year Plans Participants Total Assets
2022 2 46,875 $11.8B
2023 2 47,026 $12.9B
2024 3 47,435 $12.7B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Nationwide Retirement Plan - Account Balance vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 5000100001500020000 05101520 Total assets ($B) Participants Nationwide Retirement Plan - Account Balance, Total assets ($B): 0.908241919 · Participants: 18007Nationwide Retirement Plan - Account BalanceGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Nationwide Retirement Plan - Account Balance vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Scale composition for Nationwide Retirement Plan - Account Balance

Nationwide Retirement Plan - Account Balance reports $908M in end-of-year assets across 18,007 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $50,438 per participant (36% of the national average assets-per-participant) . Net income for plan year 2024 was $108M.

This plan identity (EIN 314177100, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $908M (-81.9%) while covered participants moved from 22,597 to 18,007 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,597 $5.0B Open filing
2023 22,311 $5.3B Open filing
2024 · index core 18,007 $908M This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Nationwide Retirement Plan - Account Balance's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units in MD ($908M); by covered participants it is Lockheed Martin Corporation Salaried Employee Retirement Program in MD (18,014 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18,007 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 Nationwide Retirement Plan - Account Balance assets move in 2024?
Nationwide Retirement Plan - Account Balance contracted severely - down 82.8% during 2024, from $5.3B to $908M. Reported net income was $108M.
How have Nationwide Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Nationwide Mutual Insurance Company's sponsor-wide assets grew 7.9%, from $11.8B to $12.7B.
Where does Nationwide Retirement Plan - Account Balance rank by assets among Form 5500 filers?
Nationwide Retirement Plan - Account Balance ranks in the 98th 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 Nationwide Retirement Plan - Account Balance?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units in MD ($908M, 894 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nationwide Retirement Plan - Account Balance?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lockheed Martin Corporation Salaried Employee Retirement Program in MD (18,014 participants, $18.3B in assets).