Defined Benefit (Pension) · DOL Form 5500 · 2024

Nationwide Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$3.5B
Total assets Very large vs avg
5,058
Participants Above avg headcount
100th
Percentile by assets National rank
$683,909
Avg per participant High balance/head
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Official DOL plan name: Nationwide Retirement Plan - Final Average Pay · Sponsored by Nationwide Mutual Insurance Company · Ohio · Finance & Insurance

$3.5B in assets, 5,058 participants

Nationwide Mutual Insurance Company's Nationwide Retirement Plan - Final Average Pay reported $3.5B in total assets and 5,058 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,469 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Nationwide Retirement Plan - Final Average Pay covers 5,058 participants in Ohio, 6.6x the typical Ohio plan (state average ~765 per filing). Assets: $3.5B.

#8,469
in Finance & Insurance (8,549 peers)
-$262M
reported net income
35×
vs typical plan assets (national mean)

The plan reported a net loss of $262M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nationwide Retirement Plan - Final Average Pay's outsized position by total assets

Nationwide Retirement Plan - Final Average Pay vs every filed plan by assets

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

$3,459,210,026 Highest reported value at or above every one 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 - Final Average Pay'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. Nationwide Retirement Plan - Final Average Pay lands in the large band (5,058 participants).

EBSA filing schedule strip

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

Nationwide Retirement Plan - Final Average Pay · $3.5B · 5,058 · 100th

  • EOY $3.5B
  • 5500 5,058
  • ASSETS 100th
  • PCT Defined Benefit (Pension)
  • EIN near U.S. Bank Legacy Pension Plan
  • RANK ind #8469

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 - Final Average Pay in the asset neighbourhood

Co-Op Retirement Plan$3.5BU.S. Bank Legacy Pension Plan$3.5BNationwide Retirement Plan - Final Average PayNationwide Retirement Plan -…$3.5BCarpenters Pension Trust Fund of St. LouisCarpenters Pension Trust Fun…$3.4BIntermountain Healthcare Pension PlanIntermountain Healthcare Pen…$3.4B
End-of-year total assets ($B) among Nationwide Retirement Plan - Final Average Pay and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$3.5B
Net Income-$262M
Employer EIN314177100
Plan Effective Date2024-01-01
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 - Final Average Pay vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 05101520 Total assets ($B) Participants Nationwide Retirement Plan - Final Average Pay, Total assets ($B): 3.459210026 · Participants: 5058Nationwide Retirement Plan - Final Average PayGE 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 - Final Average Pay vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Scale composition for Nationwide Retirement Plan - Final Average Pay

Nationwide Retirement Plan - Final Average Pay reports $3.5B in end-of-year assets across 5,058 participants (0.028% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $683,909 per participant (4.9x the national average assets-per-participant) . Net income for plan year 2024 was -$262M.

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

Nationwide Retirement Plan - Final Average Pay's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is U.S. Bank Legacy Pension Plan in MN ($3.5B); by covered participants it is Wa State Plumbing and Pipefitting Industry Pension Plan in WA (5,058 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,058 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 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 - Final Average Pay rank by assets among Form 5500 filers?
Nationwide Retirement Plan - Final Average Pay ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Nationwide Retirement Plan - Final Average Pay?
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.S. Bank Legacy Pension Plan in MN ($3.5B, 4,950 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nationwide Retirement Plan - Final Average Pay?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wa State Plumbing and Pipefitting Industry Pension Plan in WA (5,058 participants, $1.3B in assets).