Defined Benefit (Pension) · DOL Form 5500 · 2024

Globe Life Inc. Pension Plan

Data updated 2026-08-11

$591M
Total assets
2,024
Participants
97th
Percentile by assets
$291,968
Avg per participant
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Official DOL plan name: Globe Life Inc. Pension Plan · Sponsored by Globe Life Inc. · Texas · Management of Enterprises

$591M in assets, 2,024 participants

Globe Life Inc.'s Globe Life Inc. Pension Plan reported $591M in total assets and 2,024 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #1,044 in Management of Enterprises (1,133 peers)

Coverage in Texas

Globe Life Inc. Pension Plan covers 2,024 participants in Texas, 2.9x the typical Texas plan (state average ~688 per filing). Assets: $591M.

$591M
total plan assets (2024 EOY)
2,024
covered participants
97th
percentile by assets (of 123,622 plans)
$291,968
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Globe Life Inc. Pension Plan reported net income fell from $91M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Globe Life Inc. Pension Plan reported participants rose from 1,854 in the plan year 2023 filing to 2,024 in the plan year 2024 filing.
  • Globe Life Inc. Pension Plan end-of-year assets rose from $547M in the plan year 2023 filing to $591M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Globe Life Inc. Pension Plan reports 2,024 participants - 2.9x that state average ($591M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$547M
Net Assets (End of Year)$591M
Net Income$44M
Employer EIN630780404
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globe Life Inc.)

$650M$700M$750M$800M$850M$900M 202220232024 $698M $849M ▲ +21.6%
Total plan assets by year, all Globe Life Inc. plans on file
Year Plans Participants Total Assets
2022 2 4,200 $698M
2023 2 4,446 $799M
2024 2 4,710 $849M

Nearby Defined Benefit (Pension) Plans in Texas

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

Globe Life Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Globe Life Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Globe Life Inc. Pens…AT&T Pension Benefit…Exxonmobil Pension P…Chevron Retirement P…Shell Pension PlanCaterpillar Inc. Ret…
Globe Life Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Globe Life Inc. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Globe Life Inc. Pension Plan assets move in 2024?
Globe Life Inc. Pension Plan grew at a solid clip - up 8.0% during 2024, from $547M to $591M. Reported net income was $44M.
How have Globe Life Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Globe Life Inc.'s sponsor-wide assets grew 21.6%, from $698M to $849M.
Where does Globe Life Inc. Pension Plan rank by assets among Form 5500 filers?
Globe Life Inc. Pension Plan ranks in the 97th 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 Globe Life Inc. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Trustage Pension Plan for Non-Represented Employees in WI ($591M, 2,107 participants).

Filing takeaways

Ways to act on Globe Life Inc. Pension Plan's numbers.