National Life Insurance 401(k) match, vesting and fees
What National Life Insurance's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Mcsoley Mccoy & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| National Life Insurance: employer contribution per participant | $2,730 | |
| Peer median | $2,966 |
| National Life Insurance: average balance | $157,421 | |
| Peer median | $104,792 |
| National Life Insurance: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $300M at the end of plan year 2021 to $335M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,159 | $335M | $5.8M | $2,730 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 2,037 | $298M | $4.7M | $2,338 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 1,935 | $260M | $4M | $2,083 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 1,958 | $300M | $3.4M | $1,720 | 0.13% | Not published | Form 5500 ↗ |
Other National Life Insurance plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
National Life Insurance Company Agents Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Mcsoley Mccoy & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
National Life Insurance Company Agency Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does National Life Insurance match 401(k) contributions?
The match terms for the National Life Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $5.8M in employer contributions, about $2,730 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the National Life Insurance 401(k) match vested?
The vesting schedule for the National Life Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the National Life Insurance 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Benefits Invest & Admin Committee of National Life Group.
I left National Life Insurance. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Benefits Invest & Admin Committee of National Life Group, (802) 229-7161) or the recordkeeper, Principal Life Insurance Company. The National Life Insurance old 401(k) page lists the contacts from every plan filing. Find an old National Life Insurance 401(k)
Data from the public Form 5500 annual reports National Life Insurance filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with National Life Insurance. Not financial advice. Report a correction · Methodology