401(k) · DOL Form 5500 · 2022

Amica Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$753M
Total assets
3,416
Participants
99th
Percentile by assets
$220,394
Avg per participant
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Official DOL plan name: Amica 401(k) Retirement Savings Plan · Sponsored by Amica Mutual Insurance Company · Rhode Island · Finance & Insurance

$753M in assets, 3,416 participants

Amica Mutual Insurance Company's Amica 401(k) Retirement Savings Plan reported $753M in total assets and 3,416 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #9,009 in Finance & Insurance (9,261 peers)

Coverage in Rhode Island

Amica 401(k) Retirement Savings Plan covers 3,416 participants in Rhode Island, 2.4x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $753M.

$753M
total plan assets (2022 EOY)
3,416
covered participants
99th
percentile by assets (of 139,126 plans)
$220,394
avg assets per participant

The plan reported a net loss of $158M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Amica 401(k) Retirement Savings Plan reports 3,416 participants - 2.4x that state average ($753M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$911M
Net Assets (End of Year)$753M
Net Income-$158M
Employer EIN050348344
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amica Mutual Insurance Company)

$2.4B$2.5B$2.6B$2.7B 202220232024 $2.48B $2.65B ▲ +6.9%
Total plan assets by year, all Amica Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 6,166 $2.5B
2023 2 5,794 $2.6B
2024 2 5,700 $2.7B

Nearby 401(k) Plans in Rhode Island

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Amica 401(k) Retirem…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFm Global 401(k) Sav…
Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Amica 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Amica 401(k) Retirement Savings Plan assets move in 2022?
Amica 401(k) Retirement Savings Plan declined sharply - down 17.3% during 2022, from $911M to $753M. Reported net income was -$158M.
How have Amica Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Amica Mutual Insurance Company's sponsor-wide assets grew 7.0%, from $2.5B to $2.7B.
Where does Amica 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Amica 401(k) Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Amica 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sabic U.S. Employee Retirement Savings Plan in TX ($753M, 3,007 participants).

Next read for Amica 401(k) Retirement Savings Plan

Filing takeaways

Ways to act on Amica 401(k) Retirement Savings Plan's numbers.