401(k) · DOL Form 5500 · 2024
Nationwide Mutual Insurance Company 401(k) Plan
Data updated 2026-08-25
- $8.3B
- Total assets Very large vs avg
- 24,370
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $341,306
- Avg per participant High balance/head
Official DOL plan name: Nationwide Savings Plan · Sponsored by Nationwide Mutual Insurance Company · Ohio · Finance & Insurance
$8.3B in assets, 24,370 participants
Nationwide Mutual Insurance Company's Nationwide Savings Plan reported $8.3B in total assets and 24,370 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.
- #8,521 in Finance & Insurance (8,549 peers)
Coverage in Ohio
Nationwide Savings Plan covers 24,370 participants in Ohio, 32x the typical Ohio plan (state average ~765 per filing). Assets: $8.3B.
- #8,521
- in Finance & Insurance (8,549 peers)
- +9.2%
- assets growth YoY
- 83×
- vs typical plan assets (national mean)
Nationwide Savings Plan's outsized position by total assets
Nationwide Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$8,317,632,680 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Nationwide Savings Plan'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 Savings Plan is a mega filing (24,370 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nationwide Savings Plan reported net income fell from $892M in the plan year 2023 filing to $702M in the plan year 2024 filing.
- Nationwide Savings Plan end-of-year assets rose from $7.6B in the plan year 2023 filing to $8.3B in the plan year 2024 filing.
- Nationwide Savings Plan reported participants fell from 24,715 in the plan year 2023 filing to 24,370 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 314177100 · Nationwide Mutual Insurance Company PY 2024 · 401(k)
Nationwide Savings Plan · $8.3B · 24,370 · 100th
- PCT $8.3B
- PCT 24,370
- PCT 100th
- PCT 401(k)
- PCT near Metlife 401(k) Plan
- PCT ind #8521
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 Savings Plan in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $7.6B |
|---|---|
| Net Assets (End of Year) | $8.3B |
| Net Income | $702M |
| Employer EIN | 314177100 |
| Plan Effective Date | 1968-07-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 46,875 | $11.8B |
| 2023 | 2 | 47,026 | $12.9B |
| 2024 | 3 | 47,435 | $12.7B |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Scale composition for Nationwide Savings Plan
Nationwide Savings Plan reports $8.3B in end-of-year assets across 24,370 participants (0.068% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $341,306 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2024 was $702M.
This plan identity (EIN 314177100, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.7B to $8.3B (+23.5%) while covered participants moved from 24,278 to 24,370 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 24,278 | $6.7B | Open filing |
| 2023 | 24,715 | $7.6B | Open filing |
| 2024 · index core | 24,370 | $8.3B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Nationwide Retirement Plan - Final Average Pay (Defined Benefit (Pension), $3.5B, 5,058 participants)
- Nationwide Retirement Plan - Account Balance (Defined Benefit (Pension), $908M, 18,007 participants)
Nationwide Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Metlife 401(k) Plan in NJ ($8.3B); by covered participants it is Fairview Health Services 403b Plan in MN (24,432 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8.3B here).
- Metlife 401(k) Plan (NJ) $8.3B · 14,717
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees (MI) $8.3B · 60,497
- Bp Employee Savings Plan (TX) $8.3B · 9,303
- GE Vernova Retirement Savings Plan (NY) $8.2B · N/A
Similar participant headcount
Nearest other-state filings by covered participants (24,370 participants); asset peers above are excluded.
- Fairview Health Services 403b Plan (MN) 24,432 · 62 off
- Red Lobster 401(k) Plan (FL) 24,434 · 64 off
- Allegis Group, Inc. Retirement Savings Plan One (MD) 24,457 · 87 off
- Navy Federal 401(k) Savings Plan (VA) 24,276 · 94 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.